Co-operative group focuses on green energy
| Region(s) | UNITED KINGDOM |
|---|---|
| In domains | Banking and Finance, Reduction of Greenhouse Gases |
| Participants | Co-operative group focuses on green energy |
As a large and diverse business, Co-operative Group has a wide range of environmental impacts – both positive and negative. The issues of climate change, waste, biodiversity and persistent, bio accumulative and toxic chemicals have been identified as reporting priorities.
- Reducing energy consumption by 25% by 2012 based on 2005 levels.
- Generating 15% of energy requirements from sustainable energy sources by 2012, based on 2005 levels.
- Progressing carbon foot printing pilot project with the Carbon Trust.
- Expanding the range of energy efficient products for sale within The Co-operative Food’s stores.
In 1996, The Co-operative Bank was the first UK-based business to incorporate The Natural Step methodology, and it is considered to have been vital to the substantive improvements in performance realized to date.
The principal achievements were:
• final commissioning and ‘switch on’ of the Group’s first wind farm ;
• final commissioning and ‘switch on’ of Co-operative Insurance’s Solar Tower;
• installation of 19 micro-wind turbines on Co-operative Insurance’s Portland Street building;
• launch of carbon dioxide offset products by The Co-operative Travel and Co-operative Insurance;
• initiation of photovoltaic (PV) pilot program with eight Co-operative enterprise schools, followed by launch of a £2m Green Energy for Schools Scheme; N
• installation of a combination of fridge cabinet blinds and freezer trim controls in high consuming stores. Replacement by more energy efficient lamps and fittings and installation of occupancy control equipment in service
• Enhanced heating, ventilation and air conditioning (HVAC) control equipment.
• In 2006, a consumer survey (2,000 shoppers) conducted for the grocer highlighted that consumers ranked the Co-operative as the top eco-friendly supermarket.
• There is a 26% increase in fair trade sale.
♦ The employees feel proud.
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