"Having met major milestones reducing our carbon footprint and waste, we are now squarely focused on the next challenge — net-zero," said
In 2016, Loblaw committed to a 30-per-cent reduction in corporate carbon emissions by 2030. The company met that target in 2020, due to its advancements in energy management, equipment conversions, and addressing refrigerant leaks. Informed by the Science Based Target Initiative and aligned to the Paris Agreement — limiting global temperature rise to 1.5 degrees Celsius — the company will extend this momentum into its franchised networks and distribution centres, and ultimately to its supplier network. This will create a long-term roadmap: Achieving net-zero GHG emissions for Loblaw's operational footprint (Scope 1 and 2) by 2040, and achieving net-zero for Scope 3, including those generated by suppliers, by 2050.
The company will also take action on climate change through strategic initiatives, including the following:
- Eliminating food waste sent to landfill by 2030
- Tackling plastic waste by ensuring all plastic packaging for control brands, like President's Choice, are reusable or recyclable by 2025, and advancing industry initiatives like the
Consumer Goods Forum's global Golden Design Rules - Moving to a zero-emission truck fleet by 2030
Loblaw has a long-standing track record on corporate social responsibility. It is committed to fighting climate change and the effects of GHG emissions, plastic waste and food waste; and it has detailed commitments to improved leadership representation, an inclusion training program for its workforce of 200,000 Canadians, and nation-leading commitments to childhood hunger and women's health.
For more information, please visit https://www.loblaw.ca/en/responsibility
About
Loblaw's purpose is to help Canadians live life well. It makes good food affordable, health, beauty and wellness accessible, saving for the future possible, and essential style achievable.
SOURCE
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