Sunday, April 14, 2024

Woolworths commits to 100% green energy by 2025

Woolworths has released its sustainability plan which involves committing to renewable electricity for all its operations by 2025.

They will partner on new renewable energy projects to amplify its contribution to growing the industry.

Woolworths is also calling on green energy operators to help make the large-scale transition across all its stores and operations.

“Moving to 100% renewable electricity is the right thing to do, and something a growing number of our customers, team members and shareholders expect us to lead on,” says Woolworths Group CEO, Brad Banducci.

“Over the coming years, we’ll invest tens of millions of dollars into renewable energy partnerships and prioritise new green energy projects to spur growth in the industry and new jobs in the sector.”

REenergise Campaign Director, Lindsay Soutar of Greenpeace Australia Pacific says, “The vast scale of Woolworths’ commitment, as one of the country’s largest electricity users, will bring a huge amount of new wind and solar energy online, boosting Australia’s energy capacity, creating good energy jobs and speeding our transition to a renewable-powered grid.”

As part of its green electricity pledge, the Group has joined the global RE100 imitative, led by The Climate Group partnership with CDP.

Woolworths Group has already reduced its carbon emissions by 24% from 2015 levels through initiatives to improve energy efficiency.

The Group’s 2030 emissions reduction target of 63% for its own operations and 19% across its supply chain align with the Paris Agreement’s goal of limiting climate change to +1.5 degrees.

“We want to give our customers confidence that their food and everyday needs are delivered to them ethically and that we continue to lift the bar for our industry.”

View Woolworths Group’s Sustainability Plan 2025, here.

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