Canadian supermarket and pharmacy company Loblaw unveiled a series of new climate commitments, including goals to achieve net zero greenhouse gas emissions across its value chain by 2050.
After achieving its target to cut corporate carbon emissions by 30% in 2020, a decade ahead of its initial 2030 target, Loblaw stated that it now aims to extend its efforts to its franchised networks, distribution centers, and supplier network. This will create a long-term roadmap to achieve net zero Scope 1 and 2 GHG emissions by 2040, as well as Scope 3, including emissions generated by suppliers, by 2050.
The company also outlined a series of other sustainability-focused initiatives and targets, including eliminating food waste send to landfill by 2030, ensuring all plastic packaging for control brands are reusable or recyclable by 2025 and moving to a zero emission truck fleet by 2030.
Galen G. Weston, President, and Chairman, Loblaw Companies Limited, said:
“Having met major milestones reducing our carbon footprint and waste, we are now squarely focused on the next challenge — net-zero. It will see us deploy electric trucks, efficient heating and cooling, alternative energy, and innovative methods ahead. The need for action is as clear as our ambition, and it reflects the long-term vision our company has held across generations.”