Giant Eagle Sets Goal To Achieve Net-Zero Carbon Emissions by 2040
Will invest $100 million in sustainability efforts over the next 10 years. The retailer will invest $100 million over the next 10 years as it converts 100% of its truck fleet to alternative energy; makes infrastructure improvements; and implements green energy solutions and negative emissions technologies.
As it continues to look for ways to evolve its business and better support the health of the environment, Giant Eagle has pledged to improve its climate impact by achieving net-zero carbon emissions by 2040, with an initial target of 50% carbon dioxide reduction by 2030.
“Our future generations deserve a healthy planet and reducing our impact on the climate is a critical way we can make good on this obligation,” said Giant Eagle President and CEO Laura Shapira Karet in a release. “Giant Eagle has proudly served our communities for nearly a century, and we are committed to doing our part to preserve the neighborhoods we call home for another 100 years.”
With 200 supermarkets across five states, Giant Eagle’s net-zero carbon commitment is a key part of the company’s overarching strategic environmental sustainability platform. In the past eight years, the Pittsburgh-based retailer has reduced the carbon dioxide emitted throughout its operations by 22% through numerous efforts, including the conversion of about 70% of its truck fleet to alternative energy; LED retrofitting; and more efficient heating and cooling.
The U.S. Environmental Protection Agency estimates that the average supermarket emits the equivalent of 6.4 million pounds of carbon dioxide annually via refrigerants and electricity consumption, or the number of emissions equal to 635,000 passenger vehicles driven for one year.
Over the next 10 years, Giant Eagle invest $100 million to reach specific sustainability milestones, including:
Converting 100% of its 200-plus truck fleet to alternative energy.
Making infrastructure improvements that target carbon reduction and energy efficiency such as smart lighting solutions and greener HVAC systems.
Investing in green energy solutions such as direct green power purchasing agreements and other renewable power investments.
Investing in negative emissions technologies that include carbon capture, soil sequestration and reforestation.
In addition to carbon emissions, Giant Eagle’s strategic sustainability platform also includes eliminating single-use plastics by 2025, reducing waste and offering more sustainable products.
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