Lincolnshire Co-op has pledged to reach net zero emissions by 2045, in a move validated by climate action organisation, the Science Based Targets initiative (SBTi).
The society said its commitment aligns with the SBTi’s Corporate Net-Zero Standard, a global framework that helps businesses set climate targets backed by science.
The framework provides companies with guidance, criteria and recommendations to help ensure net-zero targets are consistent with efforts to limit global temperature rise to 1.5°C.
The society has set emission reduction goals for 2020, 2035 and 2045. These include cutting direct emissions by 42% by 2030 and reducing emissions from products it sells by 90% by 2045.
Aside from setting environmental targets, the society invested £8.5m in wind energy through a Corporate Purchase Power Agreement (CPPA) earlier this year.
An additional £2m was committed to solar energy in 2024, with energy-saving fridge doors and CO2 refrigeration systems being installed across new and refurbished food stores.
Andrew Turner, procurement and sustainability manager at Lincolnshire Co-op, commented : “We have been making meaningful changes and investments to reduce our environmental impact throughout the years, and setting science-based targets is a great way of setting our trajectory for the future.
“These targets, which are set using only last year as a baseline, are indicative of Lincolnshire Co-op’s strategic priorities. We’re committed to looking after our local environment, and now we have outlined exactly what that looks like.
“This aligns us with the Paris Agreement ambition to limit global warming to 1.5°C above pre-industrial levels, as well as making us a more resilient business and ensuring that we can continue to deliver for our communities.”
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