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John Lewis Partnership announces new science-based targets

John Lewis Partnership has set new science-based targets in a bid to support the transition to a decarbonised economy. The company which owns John Lewis and… View Article

DEPARTMENT STORE NEWS

John Lewis Partnership announces new science-based targets

John Lewis Partnership has set new science-based targets in a bid to support the transition to a decarbonised economy.

The company which owns John Lewis and Waitrose, will set science-based targets in line with limiting global temperature rise to 1.5°C for operations and supply chain (scope 1, 2 and 3). In addition, the Partnership has appointed new Climate Change Specialists to strengthen the team and bring additional expertise to help set the targets and a roadmap for net zero.

The Partnership will work with a leading third party consultant to support the development of our emission reduction strategy. The company has also joined a leading group of businesses that have signed up to the SBTi Business Ambition for 1.5°C and also joined UNFCCC Race to Zero campaign.

John Lewis said it is “essential” to hold temperature rise to 1.5°C above pre-industrial levels in an effort to mitigate some of the worst climate impacts. This means halving greenhouse gas emissions by 2030 and reaching net-zero emissions by 2050.

“This is a critical year for climate policy,” John Lewis Partnership sustainability & ethics director, Marija Rompani said.

“World leaders are meeting at COP26 in a few short weeks and it’s essential that this global summit accelerates action towards the goals set out by the Paris Agreement and UN Framework Convention on Climate Change.

“We are absolutely committed to that ambition and recognise the important role the retail industry has in supporting its goals.

“We of course will not be able to solve the climate crisis alone, but we are prepared to take bold action to ensure we’re part of the solution and we look forward to taking this critical next step as we set our science based targets.”

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