London — J Sainsbury, trading as Sainsbury’s, has said it will spend £1bn on a plan to reach net-zero greenhouse-gas emissions by 2040
Sainsbury joins a growing roster of companies pursuing a goal of zero net emissions, meaning they aim to eliminate as much of their carbon footprint as they can and offset the rest. Nestlé, Qantas Airways and Thyssenkrupp have committed to be net-zero by 2050. Earlier this month, Microsoft pledged to be “carbon negative”, meaning it will remove more carbon than it emits, by 2030, while Starbucks outlined a goal of becoming “resource positive” in the long term.
The retailer plans to reach net-zero a decade earlier than the UK government. Last year, Britain agreed to become the first major economy to pass a law requiring it to reduce GHG emissions to the point where it makes no net contribution to rising global temperatures. Sainsbury also plans to reach net-zero a decade earlier than bigger rival Tesco, which, more than a decade ago, set that as a target for 2050.
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