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COLES GROUP LIMITED. — Environmental & Social Information 2021
Mar 18, 2021
64687_rns_2021-03-18_18e9258e-1b2f-4ec2-bb89-bc08e6ca9a1f.pdf
Environmental & Social Information
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19 March 2021
The Manager Company Announcements Office Australian Securities Exchange
Dear Manager,
Coles Group releases Climate Change Position Statement and sets Emissions Targets under new ‘Together to Zero’ ambition
Please find attached for release to the market.
Yours faithfully,
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Daniella Pereira
Company Secretary
Coles Group Limited ABN 11 004 089 936 800 Toorak Road Hawthorn East Victoria 3123 Australia PO Box 2000 Glen Iris Victoria 3146 Australia Telephone +61 3 9829 5111 www.colesgroup.com.au
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ASX Release
19 March 2021
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COLES GROUP RELEASES CLIMATE CHANGE POSITION STATEMENT AND SETS EMISSIONS TARGETS UNDER NEW ‘TOGETHER TO ZERO’ AMBITION
Coles Group (Coles, ASX: COL) has today released its Climate Change Position Statement and announced targets to reduce greenhouse gas emissions, including the following commitments:
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to deliver net zero greenhouse gas emissions by 2050;
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for the entire Coles Group to be powered by 100% renewable electricity by the end of FY25; and
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to reduce combined Scope 1 and 2 greenhouse gas emissions by more than 75 per cent by the end of FY30 (from a FY20 baseline).
CEO Steven Cain said: “We have already reduced Scope 1 and Scope 2 greenhouse gas emissions by 36.5% since 2009 and have been a leader in securing renewable energy.
Our new targets for Scope 1 and 2 emissions commit us to an accelerated reduction in greenhouse gas emissions that exceed the climate change ambitions of the Paris Agreement and will help sustain Australia for generations to come by working together with our customers, suppliers and members of the community.”
Further information, including Coles Group’s Climate Change Position Statement, can be found at https://www.colesgroup.com.au/climatechange
For more information:
Media
Investors Media Mark Howell Blair Speedy Tel: +61 3 9829 6408 Tel: +61 3 9829 4008 Mobile: +61 400 332 640 Mobile: +61 431 960 249 E-mail: [email protected] E-mail: [email protected]
Lisa Zimmet Mobile: +61 428 857 242 E-mail: [email protected]
This announcement was authorised to be given to the ASX by the Board.
Coles Group Limited ABN 11 004 089 936 800 Toorak Road Hawthorn East Victoria 3123 Australia PO Box 2000 Glen Iris Victoria 3146 Australia Telephone +61 3 9829 5111