Coop Denmark Targets 75% Reduction In CO2 Emissions By 2025
Coop Denmark has announced that it aims to cut carbon emissions in its operations by 75% by 2025 and achieve a climate positive status by 2030.
It also plans to reduce its indirect greenhouse gas emissions from suppliers, transporters, and consumers by one million tonnes annually, by the year 2030.
This corresponds to more than 2% of Denmark's national climate accounts, the retailer added.
"Coop has a 153-year tradition of leading the way in Denmark on accountability. Now that the world is facing its biggest challenge ever, we want to be a natural part of the climate solution," said Coop CEO Peter Høgsted.
Over the past six months, the retailer designed the climate strategy in collaboration with climate experts. It also consulted with Coop's 1.8 million members.
Høgsted added, "As a democratic member-owned company, it has been a fantastic process to co-create the climate strategy together with thousands of committed members."
The plan is based on the principles of the internationally recognised reduction framework, Science Based Targets, Coop said in its statement.
It implies that the reduction targets are in line with science recommendations and the Paris Agreement's objectives.
Coop's climate manager, Peter Svendsen, said, "It's not about making easy solutions. It's about creating solutions that make a real difference to the climate."
The plan includes, among others, measures such as investments in climate-friendly refrigeration solutions and switching to renewable energy sources to meet the company's electricity requirements.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.