Metro sets new GHG emission reduction targets
Metro has set new company-wide greenhouse gas (GHG) emission reduction targets in line with the Science Based Targets initiative (SBTi) Net Zero Standard.
The grocer’s targets with a 2023 base year consist of: Reducing absolute scope 1 and scope 2 GHG emissions by 42% by 2030; having 45% of its suppliers by spend with science-based targets by 2028; reducing absolute scope 3 GHG emissions from purchases of goods and services by 25% by 2030; reducing absolute scope 3 GHG emissions from downstream transportation and distribution by 25% by 2030; and reducing scope 3 FLAG GHG emissions by 30% by 2030.
Metro’s plan outlines six emission reduction priorities: use natural refrigerant; invest in renewable energies; electrify part of its fleet of vehicles and improve fuel efficiency; engage with key suppliers to reduce their emissions; install EV chargers for customers; and reduce food waste in the value chain.
The grocer becomes one of the first Canadian companies to commit to set targets to reduce GHG emissions originating from “forests, land and agriculture” (FLAG).
"Committing to set near-term and FLAG targets, while continuing to evaluate a Net-zero target in our decarbonization plan, is the best path forward for our company to address climate change. We are setting science-based targets that are ambitious but realistic. We are also demonstrating our commitment to review our goals and our priorities regularly as technologies evolve," said Eric La Flèche, Metro president and CEO, in a statement.
