Impact Investing
Lidl Strengthens Commitment to Climate: Net Zero Target by 2050
Lidl aims for net zero emissions by 2050 across all business units and supply chains, targeting a 42.4% reduction in agricultural emissions and 35% in energy by 2034. Collaborating with suppliers, Lidl has already cut 52% of operational CO2 emissions and uses 100% renewable energy in its stores, logistics centers, and headquarters.
Supermarket chain Lidl has committed to achieving net zero by 2050 across all its business units and supply chains. In line with this goal, the company will reduce its greenhouse gas emissions as close to zero as possible, also considering Scope 3 emissions, i.e. those related to Lidl’s upstream and downstream value chain, which generates over 90% of the brand’s total emissions.
And in order to chart a course towards “zero emissions”, Lidl has expanded its climate protection strategy by introducing new concrete objectives specifically related to Scope 3: by 2034, in fact, the company aims to reduce its greenhouse gas emissions from agriculture, forestry and other land uses by 42.4% (“FLAG emissions”) and those related to the energy and industrial sectors by 35% (“E+I emissions”).
To this end, the company is committed to strengthening its collaboration with partners and suppliers. In particular, Lidl requires the most important suppliers, responsible for 75% of the Scope 3 emissions related to the production of products, to define concrete reduction targets by 2026 based on the Science Based Targets Initiative (SBTi).
Goals achieved by Lidl
To date, the company has saved 52% of its operational CO2 emissions ( Scope 1 and 2). The use of renewable energy has contributed in particular to this: since March 1st, 2022, in fact, Lidl has been using 100% renewable energy for its stores, logistics centres and headquarters in all countries where it operates.
In addition, other measures have also been successfully implemented, such as the gradual implementation of natural refrigerant gases for cooling products in the sales area; the replacement of traditional heating systems with heat pumps; the choice not to transport fruit and vegetables by air; the expansion of the range of alternative plant-based products under the own Vemondo brand; the expansion of the logistics fleet, for supplying the points of sale, with means of transport powered by alternative fuels to diesel and with the introduction of nitrogen-refrigerated semi-trailers.
“Acting responsibly is our way of renewing our quality promise every day: offering customers selected products at an affordable price, which are also environmentally friendly and in line with our climate objectives,” said Alessia Bonifazi , Head of Communications and CSR at Lidl Italia, “We are aware that climate change is one of the greatest challenges of our time, but we are certain that through ambitious objectives and concrete actions we will be able to do our part to guarantee tangible solutions.”
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(Featured image by Marjan Blan via Pexels)
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First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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