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Sainsbury to Spend $1.3 Billion on 2040 Net Zero Carbon Target

Sainsbury to Spend $1.3 Billion on 2040 Net Zero Carbon Target

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J Sainsbury Plc said it will spend 1 billion pounds ($1.3 billion) on a plan to reach net zero greenhouse-gas emissions by 2040.

The U.K. grocer intends to halve plastic packaging by 2025, reduce food waste and lower its water usage, according to a statement Tuesday. It will also install LED lights in stores, use more electric vehicles and alternative fuels and plant more than 1.5 million trees by 2025.

Full Story by Alastair Marsh and Deirdre Hipwell at Bloomberg Green