It has also committed to deliver net zero greenhouse gas emissions by 2050.
This follows on the heels of fellow supermarket giant Woolworths Group (ASX:WOW) which committed to 100 per cent renewable by 2025 last November, but Woolies went one step further by committing to making its operations net carbon positive – rather than net neutral – by 2050 if not before.
Coles has also promised to reduce combined Scope 1 and 2 greenhouse gas emissions by more than 75 per cent by 2030 (from a FY20 baseline).
Shares in Coles Group (ASX:COL) are trading 0.64 per cent lower at $15.47.