Retail

It’s not easy being a retailer today. These organizations may have hundreds or thousands of sites across the globe, which makes it a challenge to plan and execute a holistic sustainability strategy. But with the right planning and implementation, organizations can quickly transform operations to increase economic returns and satisfy stakeholder demands.

What Challenges are Retailers Facing Today?

With hundreds, or even thousands, of sites across the globe, retailers face big challenges gathering, normalizing and managing the data from thousands of vendors that provide insight into cost and consumption across energy, water, waste and carbon. To add to this complexity, the industry is also amid a major transformation in its business model, driven by the impact of online sales. For some, this transformation has led to smaller store footprints, larger distribution centers, and a more complex distributor supply chain. This makes portfolios even more disparate and harder to manage. Last but not least, retailers must manage disparate national, state, or local regulations on waste, including single-use plastic bans, recycling requirements, fines for hazardous waste and more.

What Retail Trends Support the Sustainability Transformation?

What Should Retailers be Thinking About?

Some of the following actions can help retailers address current trends and external pressures while maximizing savings and resource efficiency.

Clients

Fedex Office grey Whole Foods grey GE Renewables grey Capital one grey Lego grey Xylem grey Wework grey Panda Express grey Wagamama grey UBS grey Nestle Waters grey Canary Wharf grey Hyatt grey Cargill grey Burberry grey

$1

in retail energy savings equates to $20 in revenue

10-25%

of retailers' revenue is from online sales

$20B

is spent by retail industry on energy each year

$3B

could be saved by retail industry by reducing energy use by 15%

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