Coles
Coles Group Limited, commonly known as Coles, is a leading Australian supermarket chain headquartered in Melbourne, Australia. Founded in 1914, Coles has established itself as a key player in the retail industry, primarily operating in the grocery sector. With a strong presence across major regions in Australia, Coles offers a diverse range of products, including fresh produce, bakery items, and household essentials, all aimed at delivering quality and value to customers. Coles is renowned for its commitment to sustainability and innovation, having introduced various initiatives to reduce its environmental impact. The company has achieved significant milestones, including the launch of its private label products, which have become popular for their affordability and quality. As one of Australia's largest supermarket chains, Coles continues to enhance its market position through customer-centric services and a focus on community engagement.
DitchCarbon Score
How does Coles's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Coles's score of 32 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coles's reported carbon emissions
In 2023, Coles Group reported total emissions of approximately 980,560,000 kg CO2e, comprising 235,334,400 kg CO2e from Scope 1 (fugitive emissions and stationary combustion) and 686,392,000 kg CO2e from Scope 2 (purchased electricity). The company has set ambitious climate commitments, aiming to achieve net zero greenhouse gas emissions by 2050. Coles has also committed to a significant reduction in its emissions, targeting a 75% decrease in absolute Scope 1 and Scope 2 greenhouse gas emissions by FY2030, using FY2020 as the baseline. Additionally, the company plans for 75% of its suppliers, by spend, to have science-based targets by FY2027. In previous years, Coles reported emissions of approximately 1,356,816,000 kg CO2e in 2022, 1,474,716,000 kg CO2e in 2020, and 1,429,262,000 kg CO2e in 2021, indicating a focus on reducing its carbon footprint across all scopes. The company’s initiatives align with industry standards for climate action, reflecting a commitment to sustainability in the food and staples retailing sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 298,429,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,422,681,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 322,749,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Coles is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
