Tesco cuts £37m through energy efficiency

Tesco’s energy efficiency initiatives have yielded £37m over two years, according to the company’s annual report.

Across the group, the retailer now procures 58 per cent of electricity from renewables (up from 55 per cent last year) against a target of 65 per cent by 2030 and 100 per cent by 2050. The retailer committed to buy 100 per cent renewable power in the UK and Ireland in 2017.

Meanwhile, Tesco has reduced carbon emissions by 31 per cent against a 2015/16 baseline. It has committed to cut emissions 35 per cent by 2020, 60 per cent by 2025 and 100 per cent by 2050.

The company’s Little Helps Plan, published alongside its annual report, also states that supply chain emissions were down 6.2 per cent in 2017/18 against a 2015/16 baseline.

Related stories:

Marston’s and Tesco go large on EV charging

Tesco cuts carbon emissions 13 per cent

Sir Terry Leahy’s advice to energy managers: Keep it simple

Click here to see if you qualify for a free subscription to the print edition of The Energyst, or to renew.

Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.