Source: AAP/Jono Searle.
article-article-body
The August profit reporting season was fruitful for Coles Group, which recorded a surge in revenue to post an annual profit of $1.1 billion, a 4.8% rise from the previous year.
But the supermarket and retail giant also made another statement in August that was much less reported: its Scope 3 emissions supplier engagement target.
It was a significant move by Coles, which stated it intends to set sustainability targets with at least 75% of its suppliers over the next four years.
But Coles’ goals should also serve as a call to action for small and medium enterprises to ensure they too are tracking and cutting their emissions because big companies are taking notice.
Handpicked for you
Greener For Business wants to help “cash strapped” SMEs hit net zero but makes some pricey suggestions
Greener has launched its Greener For Business initiative to help SMEs save money on their way to net zero. But some of the suggestions are on the expensive side.
‘Very, very important’: What Aussie businesses can learn from the best loyalty programs
Loyalty programs are becoming increasingly important in Australian retailing as companies leverage data analytics to learn much more about their customers.
COMMENTS
Reader comments will be back online shortly. In the interim send us any tips or feedback via news@smartcompany.com.au.