Carrefour Raises Climate Goals as Targets 2040 Carbon Neutrality

A customer collects a shopping cart outside a Carrefour SA hypermarket in Avignon, France, on Friday, Jan. 15, 2021. Alimentation Couche-Tard Inc. plans to pump 3 billion euros ($3.6 billion) into Carrefour as the Canadian convenience-store operator seeks to defuse mounting French political concerns over the proposed $20 billion takeover of the French retailer.Photographer: Jeremy Suyker/Bloomberg

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By Francois de Beaupuy

October 31, 2021 at 5:10 PM UTC

This article is for subscribers only.

French retailer Carrefour SA said it aims to become a carbon-neutral company by 2040 by quickening its initiatives to reduce emissions of greenhouse gases.

Carrefour aims to reduce its emissions by 70% in 2040 versus 2019 levels, 15 percentage points more than its previous target, the company said Sunday in a statement.