Tesco is bringing together suppliers at a sustainability event to discuss new ways to eliminate even more plastic waste where it matters most. As a part of Tesco’s 4Rs packaging strategy – Remove, Reduce, Reuse, Recycle – suppliers will be asked to accelerate progress and to go further and faster in removing plastic where alternatives are possible. The retailer will apply a particular focus to areas that can make the greatest difference at scale, as well as tackling packaging which is most at risk of ending up in the natural…
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Tesco set to go peat-free on UK-grown bedding plants and make major carbon-saving move
Tesco is aiming to become the first major UK supermarket to go peat-free on its British-grown bedding plants, in order to significantly lower their carbon footprint. From Monday 4 April, Tesco has reduced peat by 95 per cent across its UK bedding plant range – with plans to go completely peat-free in its British bedding plants in 2023. The small amount of residual peat in this year’s range was used by the retailer’s seedling suppliers when germinating the plants. Tesco will work with these suppliers over the coming months, with the…
Read MoreTesco becomes first major UK retailer to ban plastic wet-wipes
A new move to scrap all baby wipes containing plastic was made by Tesco from March 14. The supermarket, which is the UK’s biggest seller of baby wipes, will no longer sell branded baby wipes containing plastic. As Tesco stopped using plastic in its own label baby wipes two years ago the entire range will now be plastic-free. The move is significant as Tesco sells more than 75 million packs or 4.8 billion individual baby wipes each year. It’s not just baby wipes that have been reformulated by the…
Read MoreTesco launches sustainability-linked bond of £400m
Tesco has launched its second sustainability-linked bond linked to the Company’s commitment to reduce greenhouse gas emissions. Tesco was the first business globally to set a zero-carbon goal in 2009 and later the first FTSE 100 Company to set science-based carbon reduction targets on a 1.5-degree trajectory. The launch of a second sustainability-linked bond further demonstrates the strength of our commitment to reduce our impact on the environment by reaching our target of reducing GHG emissions by 60% by 2025 (against a 2015/16 baseline). The sterling bond has a coupon…
Read MoreTesco removes one and a half billion pieces of plastic
Tesco has now removed more than one and a half billion pieces of plastic from its UK business since it launched its 4Rs – Remove, Reduce, Re-use, Recycle – packaging strategy. In the last 12 months, 500 million more pieces of unnecessary plastic have been identified and removed. The most recent annual savings include: More than 200 million bags removed from Tesco.com deliveries 42 million plastic forks from prepared salads and rice bowls, replaced by the option of wooden alternatives 14 million plastic chicken trays from whole chickens 48 million…
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