my M climate fund – CO₂ compensation in the value-creation chain
There are numerous potential approaches to projects within Migros’ value-creation chains. For example, new production facilities can be set up in nearby countries, which make it unnecessary to import products via air freight. In Switzerland, there are opportunities to improve climate protection within the Migros cooperatives, industry and logistics, thanks to its integrated structure. Sustainable organisation and improved use of space in rice, coffee and tea cultivation offer a good deal of potential for effective climate protection with significant socio-economic benefits.
Implementation takes place via the my M climate fund, which myclimate administers in close cooperation with the Federation of Migros Cooperatives. The climate protection projects financed by the fund support Migros’ goal of reducing its emissions over the long term. myclimate is responsible for project assessments, emission calculation, monitoring the respective reduction of CO2 and fund management. The following projects are already being implemented:
Climate-friendly Swiss fruit and vegetable production
The goal of this my M climate protection project is a switch to renewable heating systems for climate-friendly vegetable production at greenhouse farms that supply Migros. The potential to lower CO2 emissions by foregoing fossil fuels in greenhouses is enormous. More information on the project…
New heating system for the Surseepark shopping centre
This project supports the Migros Lucerne Cooperative in building and operating a new heating and cooling system. Thanks to the electrically operated heat pumps, energy consumption is reduced and natural gas is no longer burned. CO2 emissions are thus avoided and the environmental impact is reduced. More information on the project…
Climate-friendly rice production in Thailand reduces CO2 emissions
Rice production usually produces high amounts of greenhouse gases. The goal of this my M climate protection project is to make rice production within Migros’ own supply chain more climate friendly. The climate-smart rice production method uses less water and releases less methane gas, which is harmful to the environment. The bigger harvest makes farmers more resilient. More information on the project…
Beef from Europe replaces imports by air from overseas
The goal of this my M climate protection project is to shift beef production from Australia and South America to Romania, so that in future, meat imports by air from overseas can be significantly reduced. The shift from plane to lorry and the shorter distance reduce CO2 emissions. More information on the project…
Further projects are being developed.
As the most sustainable retailer in the world, Migros believes it is essential to continually reduce and compensate CO2emissions caused by air transport. We believe it is our responsibility to reduce these emissions in our own supply chain. The my M climate fund makes it possible for us to implement this pioneering feat. With its many years of experience implementing climate protection projects, the myclimate foundation offers us support and checks whether there really has been a reduction in all CO2 emissions.
A few years ago, myclimate evaluated around 900 Migros products with regard to their CO2 emissions. The calculated data were printed on the product in a clear colour scheme. This way, customers in shops were able to compare the carbon footprints of products quickly and easily. The results were also available on the Migipedia page under the search term " climate declaration ". The carbon footprints calculated covered the entire product lifecycle. By calculating and transparently declaring the carbon footprints for its products, MGB made good on a Generation M promise as part of its sustainability strategy.