Our
drive for energy efficiency applies throughout the Tesco group.
In Central Europe, we have dedicated energy managers responsible
for energy-saving. There are similar programmes in all our international
businesses.
Emissions trading
Tesco supports the UK Government’s position
on climate change and the Kyoto Protocol. We are participating in
the UK Emissions Trading Scheme and Climate Change Levy. As part
of the Trading Scheme, we are committed to an absolute reduction
in greenhouse gas emissions over a five-year period at a control
group of 118 stores, in return for a payment from the Government
which is invested in further energy saving initiatives. Over the
past year, growth in the sales areas at these control stores has
required us to use up carbon credits we earned in 2003-4 from greater
than expected cuts in energy consumption. We participated in the
UK Government’s consultation on the EU Emissions Trading Scheme,
and we expect to be part of the Scheme when it is extended to retailers
in 2007.
Renewables
In January 2004 we installed a solar powered roof
at our Hucknall store, in partnership with Solar Century and partially
aided by a Government grant. The system produced 4,854 kWh over
a 15 week period, enough to light the petrol station building for
20 weeks. We expect the system to pay for itself within 13 years.
Further roll-out is currently under review.
We are also investigating the potential held by
geothermal heating and cooling systems, which use the earth’s
natural ability to store heat. |