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Investor Presentaiton

46 47 Our pathway to net positive What we've achieved so far: 36% scope 1 and 2 emissions SCOPE 1 & 2 OPERATIONAL EMISSIONS TRAJECTORY reduction since 2015 >60MW of solar operating or under construction 100% renewable electricity in SA Commenced a value chain emissions measurement program 80% food waste in Woolworths supermarkets diverted from landfill 100% of own brand tea and coffee now sustainably sourced Piloted the Taskforce on Nature-related Financial Disclosure framework on beef and salmon supply We are here Short term Accelerating action across our operations 42% scope 1 and 2 emissions reduction by 2025 100% renewable electricity by 2025 Value chain emissions reduction aligned to a 1.5°C pathway All new property developments will achieve a minimum 4 star Green Star rating Understand the impact of priority fresh supply chains on nature and increase supplier adoption of sustainable and regenerative practices in these categories > All high-impact own brand commodities sourced from net zero-deforestation supply chains > Source our animal, and alternative protein sources in a sustainable manner through minimising our impact on the environment Aim for zero food waste to landfill from our supermarkets Woolworths own brand packaging widely recyclable, reusable or compostable This is Woolworths Group's approach to drive decarbonisation across scope 1, 2 and 3 across our value chain. As of today, our pathway has quantified how we will reach net positive scope 1 and 2 emissions. Next year we will integrate our scope 3 pathway which considers nature-based solutions. Medium term Leading the change across our value chain 63% scope 1 and 2 emissions reduction by 20301 Zero emissions home delivery fleet Scope 1 operational transport emissions reduced by 60% by 2030 19% scope 3 emissions reduction by 2030 1,2 Set nature related targets and approaches that support resilient food and fibre production and help mitigate impacts of climate change Long term Delivering on our net positive aspiration We know we have more to do and will invest in new technologies, sustainable and regenerative practices and make meaningful changes to our products and operations. We will work towards complete value chain decarbonisation. By 2050, we aim to reach net positive emissions 3,4 Annual Report 2023 Woolworths Group 1 highlights Performance 2 Business review 3 Directors' Report 4 Financial Report ம Other information 2015 1 2 2023 Our 2030 SBTi emissions reduction goals will be achieved without the use of carbon offsets. In F24, we intend to update our scope 3 SBTi target to align with 1.5°C in line with SBTi's FLAG Guidance. 2025 2030 2050 3 Covers emissions from our own operations (scope 1 and 2 emissions). We note that maintaining our science-based ambition may require obtaining and surrendering carbon offsets 4 to cover any residual emissions once we reach our net positive target in 2050.
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