Germany: Schwarz Group announces international climate strategy

Updated: Jul 28, 2021

Discount Retail Chain Lidl Germany (owned by the Schwarz Group) is campaigning for climate protection as part of the Schwarz Group's group-wide climate strategy. The retailing company officially joined the Science Based Targets Initiative in August 2020. In a second step, the Schwarz Group has now defined climate targets based on the methodology of the Science Based Targets Initiative.

With its climate strategy as part of the sustainability strategy, the Schwarz Group supports the Paris Climate Agreement and makes a measurable contribution to limiting global warming to 1.5 degrees Celsius.

The entire Schwarz Group will reduce its operational greenhouse gas emissions (Scope 1 and 2) by 55 percent by 2030 compared to 2019. Discounter Lidl and supermarket chain Kaufland have set themselves the goal of reducing their operational greenhouse gas emissions by 80 percent over the same period. Suppliers, who are responsible for 78 percent of product-related emissions, are encouraged by the Schwarz Group to define their own climate target according to the criteria of the Science Based Targets Initiative by 2026. Various measures to reduce, avoid or compensate for CO2 emissions in operation and in the supply chain serve to achieve these goals.

See here for more: Klimaschutz: Schwarz Gruppe verkündet internationale Klimastrategie - Lidl Deutschland

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