Lidl is thinking about 2050 in its closing issue

By: Trademagazin Date: 2024. 10. 02. 12:02

Lidl has committed itself to achieving net zero emissions in its entire supply chain by 2050, along with new, ambitious climate goals. With this, as part of the company’s international CSR strategy, it significantly increases its commitment to sustainable business practices and climate protection. The supermarket chain has already achieved a significant, 52% reduction in greenhouse gas emissions compared to 2019 in all countries where it is present.

As one of Europe’s largest food retailers, Lidl has committed to achieving net zero emissions by 2050 across all its business units and supply chains. This means that the company will reduce its greenhouse gas emissions to as close to zero as possible by 2050. The net zero objective also includes Scope 3 emissions, i.e. emissions from suppliers (upstream) and customers (downstream) in the supply chain. These are the areas where more than 90 percent of the company’s total emissions are generated.

Teaming up to reduce emissions

In order to achieve net zero, Lidl has now formulated new, specific goals in its climate strategy related to Scope 3 emissions: by 2034, the company has set a goal of reducing greenhouse gas emissions by 42.4% related to agriculture, forestry and other land use (FLAG emissions). It has also committed to reducing its emissions in the energy and industrial sector (E+I) by 35% over the same period[1].

To this end, the supermarket chain will cooperate even more closely with its partners and suppliers in the future. The company requires its largest suppliers, which are responsible for 75% of product-related emissions (Scope 3), to set their own climate targets by 2026 according to the criteria of the Science Based Targets initiative (SBTi). SBTi is a global initiative that helps companies set science-based targets to reduce greenhouse gases, in line with the latest scientific findings. Lidl supports and enables its suppliers to achieve these goals through appropriate measures.