Reports & Commentary - Retail

Extreme heat and flooding are set to deal a massive blow to the global fashion industry, according to a study from Cornell University.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

Tesco becomes one of the first retailers globally to have its 2030 reduction and 2050 net zero targets validated by the SBTi.

The John Lewis Partnership says it is the first UK retailer to have net-zero targets validated by the Science Based Targets initiative (SBTI).

Luxury jeweler Tiffany & Co. announced that it is the first in its industry to receive approval from the Science Based Targets initiative (SBTi) for its net zero target.

The Co-op and wildlife charity RSPB have announced a three-year partnership to fund the revitalisation of 'internationally important' peatland sites in Scotland and Wales.

The L’Occitane Group’s efforts to achieve net-zero by 2050 have been validated by the Science Based Targets initiative (SBTi).

Mars, Incorporated announced the pricing of a USD 2.5bn bond offering, including tranches of senior notes and sustainability notes.

REI Co-op pledged to source locally generated renewable energy in each of its 181 stores and to support clean energy projects.

The world’s second biggest fashion retailer, H&M, has formed a joint venture with a recycling group to collect, sort and sell used and unwanted garments and textiles.

Net Zero Now and L’Oréal are launching the Net Zero Salons Programme – a set of guidelines designed to help hair salons calculate, track and reduce GHG emissions.

The American home improvement company announced its goal to reach net-zero emissions across the company’s scope 1, 2, and 3 GHG emissions by 2050.

Global luxury jeweler Tiffany & Co has set new 2030 climate goals to support a new vision of achieving a net-zero carbon supply chain and operations base by 2040.

Yvon Chouinard, billionaire owner of Patagonia, is giving the entire company away to fight the Earth’s climate devastation, he announced.

The goals include procuring 100% renewable energy across the Neiman Marcus enterprise by 2030.

Loblaw is to achieve net-zero carbon emissions for operational footprint by 2040, and net-zero for Scope 3 emissions by 2050.

In an annual investor meeting, a proposal from shareholders urged Costco to adopt more aggressive measures to cut carbon emissions.

Lidl GB has announced plans to help all British suppliers of fresh produce to achieve LEAF Marque certification within 24 months.

Building on existing efficiency programs and piloting new technologies, Meijer aims to reduce emissions by 50% by 2025.

HSBC and Walmart have introduced science-based emissions targets into their sustainable supply chain finance programme.