Coop - a pioneer in sustainability and climate strategy
- Coop wants their operations to be carbon positive and to reduce their indirect carbon emissions by more than 1 million tons in 2030.
To reach the Danish Government’s ambitious emission target by 2030, we need to rethink how we live our lives. How we can be more sustainable in everything we do from transportation to grocery shopping. The same goes for businesses, and Coop is a good example of how to create an impact if you dare to be bold and ambitious.
Coop is the first supermarket retailer in Denmark to announce a comprehensive, commercial climate strategy and to embed sustainability into the core of their business operations. The purpose of the strategy is not only to reduce Coop’s carbon emissions significantly, but also to inspire other companies in the global retail industry to implement more ambitious climate strategies.
“If we’re to save the world and create a better future for the next generation, action is needed. Our climate strategy emphasises Coop’s dedication to making the world a better place, and we’ve been fortunate to have Deloitte as our adviser and partner from start to finish.“
With the climate strategy, Coop strives to make their operations carbon positive in 2030. Furthermore, the co-operative supermarket retailer aims to reduce their indirect carbon emissions from suppliers and end-consumers by more than 1 million tons also before 2030 - equivalent to more than two percent of Denmark’s national carbon footprint.
“With help from a global network of experts, Deloitte has provided the knowledge and resources needed to help us design this ambitious plan that raises the bar for the global retail industry. Together, we’ve created a multidimensional business strategy that is both environmentally and financially sustainable.”
Coop developed their climate strategy in cooperation with Deloitte’s Danish SDG team, a team that uses the UN’s Sustainable Development Goals as a lever to develop strategic direction and new narratives for clients. For Coop, this meant embarking on a transformational journey to become a more sustainable business while staying commercially profitable.