Tesco has confirmed that it is to invest more than £100 million in green technology companies along its supply chain as part of its efforts to boost process improvement.
Announcing the move at the opening of the world's first carbon-neutral supermarket, Tesco chief executive Terry Leahy said that collective action was the best approach to tackling climate change.
"We want to cut our own carbon footprint and help suppliers and customers do the same," he said, adding that the company can only achieve its goal of being a zero-carbon business by 2050 by working with companies across the supply chain.
Angus Robertson from Tesco supplier PowerPerfector was positive about the supermarket's investment in green technology across the supply chain.
He said that the company's investment has allowed quick growth and more employment opportunities.
"[Tesco's] support and investment in our brand new technology also gives other customers the confidence we can deliver," he said.
Earlier this month, research from the Carbon Disclosure Project revealed that major corporations would deselect suppliers if they did not take action over their carbon emissions.
If you are interested in learning more about process improvement, visit our Service pages
