Our approach to managing our energy footprint as well as the impacts of climate change across our business is to ensure that we implement the best innovation available to enable efficiency. From this, we are able to generate energy and financial savings and these gains continue to help us build the business case to increase our energy efficiency. We focus on these three pillars to meet our energy efficiency goals: halving our energy impact (or, energy productivity), understanding our carbon footprint as well as transitioning to more energy efficient technology.
In 2017, we became the first major retailer to sign up to EP100, The Climate Group’s corporate leadership initiative for energy smart companies doing more with less to lower emissions and accelerate the clean economy. Woolworths set a target to double our energy productivity by 2020 from a 2005 baseline. We are pleased that we managed to exceed this target.
Understanding our carbon footprint is vital to enabling our energy and climate change strategy. We do this by calculating the carbon footprint annually and evaluating where within our operations we can implement energy reduction initiatives to ensure that we not only reduce our carbon emissions but are also reducing it in line with science.
Our low carbon transition strategy centres around the following key initiatives:
We also made a commitment via the ‘We Mean Business’ call-to-action to set science-based targets for emissions reduction.
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