Iceland is committed to being net zero by 2040 and has published its latest Carbon Report, which shows the supermarket has reduced its Scope 1 & 2 carbon emissions by 70% against its baseline year of 2011/12.
The business generated 79,477 tonnes (t) of carbon dioxide (CO2) equivalent (e) in 2020/21 through its direct operations (Scope 1 and 2 emissions) compared to 263,461 tCO2e in 2011/12. Iceland has also been working with the Carbon Trust to calculate its Scope 3 emissions and this data will be updated periodically to ensure it remains accurate.
Iceland is also a signatory to the Courtauld Commitment 2030, which brings together organisations across the food industry to reduce the environmental impact of food and drink, with the shared target of reducing absolute greenhouse gas emissions by 50% by 2030. This is aligned to a 1.5 degree Celsius pathway, and a milestone in achieving net zero by 2040.
Read Iceland’s full Carbon Report here.