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Product cover image for ESG at George Weston: Building Generational Value in Loblaw Companies

ESG at George Weston: Building Generational Value in Loblaw Companies

Michael R. King, Murray J. Bryant

Product #:W42919
Supplier:Ivey
Discipline:Finance, Sustainability
Setting:Canada, United States, 2024
Details:Case (PDF) • 20 pages • 2025-03-04 (Rev: 2025-04-22)

Subjects:

Corporate governanceEnvironmental sustainabilityCapitalismLeadership and managing peopleFinance and investingManagement

Industries:

Food and beverage sector

Geography:

CanadaUnited StatesNorth America
Your Price:$10.54

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In October 2024, the chair and chief executive officer (CEO) of George Weston Limited (GWL), was reviewing the draft environmental, social, and governance (ESG) reports of GWL of one of its operating company, Loblaw Companies Limited. As the fourth generation to lead the 142-year-old family-controlled business, the CEO was focused on creating generational value and promoting a stakeholder perspective that addressed the needs of shareholders, employees, suppliers, and communities. With ESG principles and strategies in place, the CEO was meeting with board member to evaluate whether Loblaw was meeting its sustainability commitments and whether GWL had the appropriate governance in place.

Learning Objectives

After working through the case and assignment questions, students will be able to do the following:
  • Understand the strategic role of ESG in creating long-term, generational value in family-led firms.
  • Understand the link between ESG and stakeholder capitalism, which considers the priorities beyond simply shareholders, and how to set ESG priorities based on engagement with these stakeholders.
  • Understand how to integrate ESG metrics into governance and compensation policies, and to critically review ESG performance by evaluating outcomes while navigating ESG controversies.
  • Understand the governance model of a family-controlled group of companies, distinguishing the holding company, (e.g., George Weston Limited) from the operating company (e.g., Loblaw Companies Limited).
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Case Study: ESG at George Weston: Building Generational Value in Loblaw Companies (English version) | Ivey Publishing