
Climate change
The Group finances its operations through a combination of retained profits, long and medium term debt capital market issues, bank borrowings and leases, with the objective of ensuring continuity of funding.
The Group also issues Sustainability-Linked Bonds (“SLB”) under its EMTN Programme to continue to support the company’s sustainability strategy and vision.
Since 2017, the Little Helps Plan has been a core part of our business and helps us to deliver our purpose of serving shoppers a little better every day.
See our SLB Framework and Second Party Opinion (“SPO”) from Sustainalytics on our SLB Framework below
Group Greenhouse Gas (GHG) Emissions Reduction (Scope 1 and 2, in tCO2e)
KPI | Scope 1 and 2 GHG Emissions (tCO2e) | % reduction from 2015-16 Baseline |
---|---|---|
KPI 2015/16 (baseline) | 2,292,227 | N/A |
KPI 2017/18 | 1,491,280 | 35% |
KPI 2018/19 | 1,344,440 | 41% |
KPI 2019/20 | 1,152,581 | 50% |
KPI 2020/21 | 1,066,672 | 54% |
KPI 2021/22 | 1,126,205 | 51% |
2015/16 (baseline), 2017/18, 2018/19 and 2019/20 emissions figures have received Independent Assurance | |
2020/21 emissions figures have received Independent Assurance | |
2021/22 emissions figures have received Independent Assurance | |
More information on how our carbon footprint is calculated can be accessed here | See more |