Tesco has pledged to source all of its global electricity requirements from renewables by 2030 on its path to becoming a zero carbon company by 2050, in an effort to meet the climate change targets set at COP21.
Through investment of over £700 million in energy efficiency in its stores and distribution centers since 2007, the supermarket chain has reduced its emissions by 41% per square foot of its estate, saving £200 million in annual energy savings as a result.
However, despite being on track to deliver on its 2020 targets for emissions reduction, Tesco’s head of climate change and sustainable agriculture Kené Umeasiegbu has today said more must be done to reach the company’s more ambitious targets.
“This pace of decarbonisation does not put us on track to becoming a zero-carbon business by 2050. So today we publish tougher targets to help Tesco contribute to limiting global temperature rises to 1.5 degrees,” he said in a blog published recently.