Companies that cause, contribute, or are directly linked to human rights abuses face significant risks which can undermine shareholder value. As one of the largest companies in the United States, Albertsons’ relationships with workers and high-risk suppliers expose it to reputational, operational, and ultimately financial risks.    Albertsons does not currently disclose whether it has a human rights policy or an HRDD process. While competitors are increasing policies in place to safeguard against the risks of forced labor in supply chains, Albertsons stands out as reducing information on its approach to human rights.1 ICCR guidance for investors notes, “Albertsons is the poorest performing supermarket of those we surveyed and has not made any commitments to address its human rights impacts.”2 Understanding the company’s approach to human rights allows shareholders to evaluate Albertsons’ management of these risk.     Strong human rights policies could spare Albertsons from costly consequences stemming from human rights concerns in its stores and domestic supply chains. This includes penalties for serious safety violations at the company’s warehouse in Tracy, California; 3 federal investigation finding labor violations by supplier Humberto Castaneda Produce, including refusal to provide seasonal workers with promised meals, tools, and transportation costs while housing them in “dilapidated trailers;”4 and a New York Times investigation into illegal child migrant labor at Albertsons milk supplier Lucerne.5 HRDD can also mitigate against these risks in global supply chains. Though Albertsons has a responsible seafood policy, it has not reported an approach to other high-risk sectors. Global human rights concerns persist: Albertsons has been linked to Honduran melon suppliers subjecting workers to toxic chemical exposure and wage theft;6 avocado suppliers in Mexico accused of illegal deforestation, water capture, and being associated with violence against environmental defenders;7 and a New Yorker/Outlaw Ocean investigation exposed widespread use of trafficked and forced labor on fishing ships and processing plants producing seafood for Albertsons.8 The company scored 0% - “Needs to Catch up with Industry”- in recent research comparing buyers’ sustainability approach to chocolate, including a 0 score on child and forced labor.9 Given the importance of understanding Albertsons’ risk profile and its approach to human rights, we urge shareholders to support this proposal. 1 Albertsons appears to have removed human rights content from its website. The company had posted information about its approach in 2014 (see archived page: https://web.archive.org/web/20240805101403/https:/www.albertsonscompanies.com/our impact/products/responsible-sourcing/default.aspx), which no longer appears as of 2024 (see https://www.albertsonscompanies.com/our impact/products/responsible-sourcing/default.aspx). 2 FINAL-Sea-ze-the-Day-HR-Abuses-in-Seafood-Supply-Chains.pdf 3 https://www.dir.ca.gov/DIRNews/2025/2025-02.html. 4 https://www.dol.gov/newsroom/releases/whd/whd20240918-0 5 https://www.nytimes.com/2023/12/28/us/migrant-child-labor-audits.html