Tag: co-op

Co-op net zero targets validated by Science Based Targets initiative (SBTi) in a convenience retailer first

Stuart Mitchell

Co-op has become the first UK convenience retailer to have its net zero targets validated by the globally recognised Science Based Targets initiative (SBTi). SBTi – the global body that assesses corporate climate targets – has validated the leading convenience retailer’s ambitious near-term and overall targets to become net zero across its own operations by 2035, and entire value chain by 2040. Co-op, which operates 2,400 food stores across the UK, is also one of the first companies in the UK to set science-based targets for its forest, land and…

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Co-op pilots’ sustainability payments for British farmers

Stuart Mitchell

Co-op announces pilot scheme to financially reward farmers in its beef supply chain for sustainable farming practices. In partnership with its supplier Dunbia, the leading convenience retailer outlines plans to rapidly decarbonise its supply chain in a new ‘Beef Sustainability Pilot’, which will see farmers rewarded for reducing their impact on the environment. The two-year programme will enable Co-op to monitor the impact of integrating sustainable farming practices within its beef supply base. It will also help to provide accurate emissions data and will inform actions on an integral part…

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Co-op launches UK’s first convenience retail media network

Stuart Mitchell

Co-op has announced the launch of the UK’s first retail media network in the convenience sector to help brands reach new and wider audiences, while improving advertising relevancy for its shoppers. The UK’s leading convenience retailer has launched the Co-op Media Network to bring together Co-op’s in-house team and its long-term agency partner Threefold – an SMG agency who are the largest operator of retail media networks in the UK – under one recognisable brand identity. The Co-op Media Network will deliver a new proposition that capitalises on Co-op’s strengths…

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Co-op adds all its stores to UK-wide ‘Safe Spaces’ scheme

Stuart Mitchell

Committed to offering ‘safe spaces’ in communities, Co-op has added its stores to the National Business Crime Centre (NBCC) scheme which aims to provide provision in the retail sector for anyone feeling unsafe or vulnerable when out and about on the UK’s streets. Also known as Operation Portum, the NBCC Safe Spaces scheme is dedicated to ensuring communities are places where people feel safe and confident, and is focussed on increasing the number of spaces within the retail sector where people are always welcome to can go safely to seek…

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Co-op forges a sustainable partnership for green electricity supply in the UK

Stuart Mitchell

Co-op, one of the world’s largest consumer co-operatives, and Voltalia, an international player in renewable energies, jointly announce the signing of a 15-year Corporate Power Purchase Agreement (Corporate PPA) for the entire output of a 34-megawatt solar farm, located in North Yorkshire. Under this agreement, Co-op will source electricity for its estate, including food stores, distribution centres and Funeralcare homes right across the UK, over a 15-year period, from Voltalia’s Eastgate Solar project near Scarborough, which is set to be fully operational in 2025. Early construction works have started on…

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