Climate change is a significant environmental, social and economic challenge facing the global community.
As one of Australia’s largest companies, we want to help create a more sustainable future.
We are acting now, working towards reducing our own operational emissions1 and engaging with stakeholders across our value chain to support them to lower their emissions and build their resilience against climate change impacts.
Coles supports the goals of the Paris Agreement and recognises the need to work with our suppliers and other partners to accelerate the transition to a low-carbon economy. We have set emissions reduction targets in support of this:
- reduce combined Scope 1 and 2 greenhouse gas emissions by more than 75% by the end of FY30 (from a FY20 baseline)1
- source 100% renewable electricity by the end of FY25
- commit to supporting our suppliers so that 75% of our suppliers by spend (covering purchased goods and services and upstream transportation and distribution) will have science-based targets by FY27; and
- deliver net zero Scope 1 and 2 greenhouse gas emissions by 2050.
Coles continues to identify, assess and manage climate-related risks and opportunities using the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). For more information refer to the Climate change section of
Coles Group Annual Report
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Additional information on our approach to energy and emissions is available in the
Coles Group Sustainability Report
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1 Coles does not plan to rely on the use of carbon offsets for the achievement of our current FY30 Scope 1 and Scope 2 emissions reduction target.
