Tesco's Climate Change Impact: E
Becoming carbon-free is one of many ways to become an eco company.
If Tesco was to become a carbon-negative company will not only cover its outgoing carbon dioxide production, but remove more than its total output.
It is estimated that globally we are required to invest around USD 60 trillion to decarbonise. If every company, including Tesco was able to fund (in part) something towards climate change as we must reduce greenhouse gas (GHG) emissions worldwide.
Tesco has pledged to use 100% green renewable energy by 2030. In line with the Paris Agreement, globally we need to cut the total amount of greenhouse gas emissions.
Tesco has pledged to be a carbon neutral company by 2035. Publically stating you are a carbon neutral company, which is a great step towards a positive climate action approach, is what every company should strive for way beyond the Paris Agreement's 2050 deadline.
Based on the information publicly announced, we already know that Tesco is at the very least climate positive. This at a minimum is a good first step. However, it means next to nothing if Tesco do not put any climate action forward, in the way of goals and deadlines.