management report, climate change TCFD disclosures, principal risk

Tesco PLC – Annual report – 24 February 2024

Industry: retail

Task Force on Climate-related Financial Disclosures

TCFD.

Additional Directors’ report disclosures (extract)

Streamlined energy and carbon reporting (SECR) disclosures

A breakdown of our GHG emissions in accordance with our regulatory obligation to report GHG emissions pursuant to section 7 of the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 and the Companies (Directors’ Report), and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 can be found on page 45. We continue to implement initiatives to drive energy efficiency across our operations in support of our net zero ambitions. Examples include:

  • Addressing emissions from heating, ventilation and air conditioning (HVAC) by trialling low carbon alternatives to gas boilers.
  • Improving refrigeration efficiency and reducing refrigerant emissions in our stores and distribution centres.
  • Switching to decarbonised transport.
  • Addressing transport emissions associated with our distribution fleet, trialling fuel alternatives while working directly with manufacturers on even more sustainable long-term solutions.
  • Installing electric hook up points for our refrigerated trucks and low emission refrigeration units powered by electricity.
  •  

For further information, see pages 39 to 45.

Principal risks and uncertainties (extract)