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.View entire presentation