Energy Management Articles
Blog posts tagged with "Tesco"
Tesco’s Targets Validated by SBTi
Tesco outlined a plan for emissions reduction across its own operations and value chain, and its goals were validated by the Science Based Targets initiative (SBTi).
Tesco Sets Interim Emissions Goals on Path to Net Zero
Tesco announced Sept. 24 its goal to reach net-zero emissions from its supply chain and products by 2050 and in its own operations by 2035.
Tesco first UK retailer to offer supply chain sustainability-linked financial incentives
Tesco will become the first UK retailer to offer its supply chain partners preferred financing rates based on their sustainability progress. The voluntary program has been designed over the last 18 months. It will launch in September, and company executives hope the possibility of incentives will encourage suppliers to commit to more science-based emissions reduction targets.
Tesco launches major UK power development
Tesco announced Oct. 29 the purchase of energy from five new onshore wind farms and one new solar farm to begin powering its U.K. stores in 2020, expected to save 90,000 tons of CO2 per year.
Tesco achieves carbon emissions cut
Tesco announced a decline in net carbon emissions by 13% in the past year and 26% over two years. In its Annual Report, the retail company said it achieved the reduction by increasing procurement of renewable power, now at 100% in the UK and 55% globally
