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ARTICLE · 10 NOVEMBER 2022

Sustainability And Innovation In The Retail Sector

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There are many ways that businesses in the retail sector can improve their green credentials, from being sustainable in every day retail practices (e.g. choosing energy efficient...

United KingdomIntellectual Property
Jennifer Unsworth
Jennifer Unsworth
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The impact that businesses have on the environment is facing ever-more scrutiny from customers, employees and investors. For this reason, sustainability and climate change are important issues on corporate agendas which organisations cannot afford to ignore.

There are many ways that businesses in the retail sector can improve their green credentials, from being sustainable in every day retail practices (e.g. choosing energy efficient equipment and minimising waste production) to helping customers offset the impact of their purchase (e.g. by pledging a percentage of profits to charities who share their environmental goals).

Taking a sustainable approach to day-to-day operations might lead to the development of eco-friendly products and processes, as well as improvements in the circularity of the supply chain.

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