Reports & Commentary - Retail

Tiffany & Co sets science-based 2040 net-zero target

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.

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European Retailers join the Race to Zero

EuroCommerce, the voice of 5 million retailers, and five national retailer associations have pledged for climate action through the UN's Race to Zero Retail Campaign.

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Patagonia’s owner gives away company for climate

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

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Empire Company pledges net zero by 2050

The Canadian conglomerate aims to achieve net zero for Scopes 1 and 2 by 2040 and net zero for Scope 3 by 2050, in line with SBTi.

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Kingfisher announces new 2040 net zero target

The international home improvement retailer also announced an intermediary target of 60% Sustainable Home Products by 2025.

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Neiman Marcus sets out sustainability for 2025

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

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Canada’s Loblaw aims for net-zero by 2040

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

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Costco urged by shareholders to act on climate

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

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Lidl to eco-certify all UK produce farmers

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

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Meijer to cut carbon emissions by half by 2025

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

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M&S announces first loan facility for sustainability

UK’s Marks & Spencer has announced its first £850 million revolving credit facility, directly linked to the delivery of net zero targets.

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HSBC revamps Walmart SSCF programme

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

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