SPAR International made a commitment to responsible retailing as part of its Better Together strategy. This includes a set of tailored initiatives aimed at reducing CO2 emissions and energy consumption. The SPAR Group Ltd has been participating in the CDP (formerly known as the Carbon Disclosure Project) since 2009.
We remain committed to improving emissions as part of our carbon footprint management approach. This year, we decided to adopt science-based targets (SBTs) for emission reduction. This means that our targets have to be in line with the level of decarbonisation required to keep the global temperature increase below 2°C compared to pre-industrial temperatures, as described in the 5th Assessment Report of the Intergovernmental Panel on Climate Change (IPCC).
We have selected an appropriate SBT methodology, a Sectoral Decarbonisation Approach (SDA), which separates SPAR’s business into three sector categories
- distribution; and
This means that we are aligning SPAR’s emissions with the sectors’ carbon budget, and will be developing action plans to achieve the required milestones.
The alignment includes, for example, changing intensity measuring from m2 to cases moved as a more accurate and appropriate indicator for our business.
Supporting SBT is evidence of SPAR’s long-term vision and commitment to sustainable and shared value creation. Together with other leading companies, we adopt SBTs with the understanding – and consensus – that such a pathway is the only way to preserve safe planetary conditions for humanity.