Tesco seeks to secure all of its electricity from renewable sources by 2030. Tesco is to turn its back on fossil fuels and ramp up its use of solar panels as the UK supermarket makes an ambitious pledge to cut its greenhouse gas emissions in line with the toughest goals of the Paris climate accord. Tesco says it will cut its emissions in line with the more ambitious 1.5C target, partly by securing 100 per cent of its electricity from renewable sources such as solar panels by 2030 and by pushing its suppliers to become greener. Tesco’s goals will require big investments in renewable power because about 65 per cent of its emissions come from electricity needed for its distribution centres and 6,500 stores around the world. Refrigeration gases account for 15 per cent of the company’s emissions, according to Kené Umeasiegbu, Tesco’s head of climate change. Another 12 per cent comes from its delivery vehicles; 7.5 per cent from heating and 0.5 per cent from business travel.
FT 14th May 2017 read more »