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Sustainability Leaders Awards 2012


Carbon Management WINNER:


The Co-operative


It was 14 years ago when the Co- operative first set its sights on carbon cutting. In 1998 the Co-operative Group’s bank prohibited the financing of fossil fuel extraction, began reporting its emissions and started financing renewable energy projects. That was just the start. Today, the company’s carbon management initiatives save it almost £60m a year


The Co-operative has gone from strength to strength since signing off its first ethi- cal plan in 2011 – a three year rolling budget and target programme integrated into its financial objectives. The compa- ny claims its plan places ethical and envi- ronmental issues on the same footing as its other business priorities.


In order to remain cutting edge, dem- ocratically-elected members of the com- pany revise the plan targets annually, and the Co-operative believes no other busi-


L-r: compere Sue Perkins, edie waste editor Maxine Perella, Nigel Holden, The Co-operative Group


ness of comparable size take this demo- cratic approach.


The latest revision contains 53 company targets ranging from halving its green- house gas emissions by 2020, to working with its supply chain dairy farmers to help them reduce their emissions.


The Co-operative has certainly cut their CO2


Despite this, the company does not rest on its laurels, setting ambitious future


emissions dramatically in the last six years - absolute greenhouse gas emis- sions have fallen by 40% since 2006, sav- ing 564,401 tonnes of CO2


annually.


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