Woolworths

Profile In-Progress
Target year
2050
Alignment with target-setting standards
Target Status
Formally Adopted
  • Net-Zero Pledge
  • Interim Targets
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Interim Targets

Emissions reduction target
by
2030
Description of Interim Target

100% Green electricity by 2025. We will reduce our scope 1 and 2 emissions by 63% from our 2015 baseline by 2030 – this represents our direct operational emissions and our emissions from electricity use. This target has been ratified by the Science Based Targets initiative (SBTi), an independent global body formed by the United Nations Global Compact, CDP, the World Resources Institute and the World Wildlife Fund for Nature. The SBTi assesses and approves companies’ targets through a scientific lens, ensuring alignment with the Paris Agreement goal of limiting climate change to an increase of 1.5 degrees above pre‑industrial levels. To achieve this target globally, it is forecast that net positive carbon emissions will be required. This is why we have set our 2050 (or earlier) goal, encompassing scope 1 and 2 emissions, to go beyond net zero. Our ambition is to remove more emissions from the atmosphere than we are responsible for. Our strategies to achieve this will continue to evolve over this time horizon and will be communicated in our sustainability updates and annual reports. Our main sources of scope 1 (direct) emissions include emissions from fugitive synthetic refrigerants, natural gas, transport fuel, stationary LPG and diesel for onsite back‑up generators, while our scope 2 (indirect) emissions are those associated with electricity use. Purchased electricity represents 82% of our combined scope 1 and 2 emissions, in F21 accounting for 1.91 million tonnes of carbon dioxide equivalent (CO2 e). The next most significant category being refrigerant gases. This year, we emitted over 2.31 million tonnes of CO2 e from facilities across the Group (scope 1 and 2 emissions). Positively, our current emissions are 27% below our 2015 baseline. This continues our positive trend on emission reductions on both an absolute basis as well as an intensity measure. We intend to reduce our scope 3 emissions by 19% from our 2015 baseline. These represent the emissions in our value chain. Our scope 3 emissions include fuel consumption by our logistics transport, business travel and home delivery and trolley collection services. Our value chains are complex and we are working to improve our data to enable us to better understand our scope 3 emissions. Over the coming year, we will define our approach to addressing our scope 3 emissions reduction target, in partnership with our suppliers

  • Interim Target Baseline Year: 2015
% reductions committed to
63
Interim Target
Emissions reduction target
Baseline Emissions

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