Coles has announced its commitment to switch to 100 per cent renewable electricity by 2025. As part of this announcement, Coles also revealed a new power purchase agreement with Lal-lal windfarm, Victoria.
According to Greenpeace Australia Pacific, Coles is responsible for 1 per cent of Australia’s total electricity consumption.
“Coles making the clean energy switch will put a big dent in Australia’s greenhouse gas emissions, inspiring confidence in towns and cities across the country that even the biggest and most complex businesses can run on renewable energy,” said Lindsay Soutar, REenergise campaign director.
Coles has also agreed to reduce 75 per cent of emissions by 2030, in line with their Scope one and two emissions.
This will be the third renewable electricity deal Coles has made after its agreement with Queensland CleanCo in 2020. Coles has been sourcing 20 per cent of their power from CleanCo’s wind and solar farms since then.
Coles first renewable energy deal was made in 2019 with three solar farms in NSW providing 10 per cent of Coles overall energy. This decision placed Coles has the first major retailer to sign a power purchase deal.
Woolworths and ALDI have now also committed to shift to 100 per cent renewable energy.
“Australian businesses have so far committed to enough renewable energy to power 1.6 million homes – that’s almost every house in Sydney,” said Soutar.