Coles Group Limited, commonly known as Coles, is a leading Australian supermarket chain headquartered in Melbourne, Victoria. Founded in 1914, Coles has grown to become a significant player in the retail industry, operating over 800 supermarkets across Australia. The company primarily focuses on grocery retail, offering a wide range of products including fresh produce, bakery items, and household essentials. Coles is renowned for its commitment to quality and sustainability, with initiatives aimed at reducing food waste and promoting local sourcing. The supermarket chain has achieved notable milestones, such as the introduction of its private label products, which have gained popularity for their value and quality. As a key competitor in the Australian market, Coles continues to innovate and adapt, solidifying its position as a trusted choice for consumers nationwide.
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.
Mean score of companies in the Food Products 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.
Coles's score of 25 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Coles Group reported total greenhouse gas emissions of approximately 980,560 tonnes CO2e, which includes 28,000 tonnes from Scope 1 emissions and 686,000 tonnes from Scope 2 emissions. The company has made significant commitments to reduce its carbon footprint, aiming for a 75% reduction in absolute Scope 1 and Scope 2 emissions by the fiscal year 2030, using the fiscal year 2020 as a baseline. Additionally, Coles plans for 75% of its suppliers, based on spend, to have science-based targets by 2027. This commitment aligns with the goals necessary to limit global warming to 1.5°C, demonstrating Coles's proactive approach to climate action within the food and staples retailing sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 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 | - |
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 committed to some reduction initiatives 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.