Tesco PLC

Tesco PLC's reported carbon emissions

Tesco PLC's carbon emissions and climate commitments: For the year 2025, Tesco PLC reported a total of approximately 73.1 billion kg CO2e. This breaks down into: * **Scope 1 emissions:** Approximately 802.4 million kg CO2e. * **Scope 2 emissions:** Approximately 5.5 million kg CO2e (market-based) and approximately 582.3 million kg CO2e (location-based). * **Scope 3 emissions:** Approximately 73.1 billion kg CO2e, with significant contributions from "purchased goods and services" (approximately 35.3 billion kg CO2e) and "use of sold products" (approximately 25.4 billion kg CO2e). Tesco PLC has set ambitious targets aligned with climate science: * **Net Zero by 2050:** The company is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050. * **Own Operations Net Zero:** Tesco aims to achieve net-zero emissions from its own operations by 2035 in the UK, and by 2050 across the entire Group. * **Absolute Emissions Reduction:** * Tesco has a target to reduce absolute Scope 1 and 2 emissions by 85% by 2030, based on a 2015/16 baseline. This is ahead of their Science Based Targets initiative (SBTi) validated target of 82.6% reduction by FY2032. * They also have a near-term target to reduce absolute Scope 1 and 2 emissions by 60% by December 2025, against a 2015/16 baseline. * For Scope 3 emissions, Tesco aims for a 55% reduction by FY2032 (baseline FY2019), and a 90% reduction by FY2050. Specific targets for FLAG (Forests, Land and Agriculture) emissions include a 39.4% reduction by FY2032 and 72% by FY2050. Tesco has also committed to no deforestation in its primary commodities by FY2025. In the year ending February 2023, Tesco reported a 61% reduction in Scope 1 and 2 emissions against its baseline, surpassing its target of 60% by 2025.