Popular now
Watches of Switzerland lifts sales outlook following strong Q3

Watches of Switzerland lifts sales outlook following strong Q3

ASOS to integrate generative AI into design operations

ASOS to integrate generative AI into design operations

ASA rules against Co-op over ‘misleading’ Aldi price match claims

ASA rules against Co-op over ‘misleading’ Aldi price match claims

Retailers almost halve carbon reduction targets

Retailers almost halve carbon reduction targets
The Co-op Group

On this episode we're joined by Florian Clemens, Strategy and Proposition Director at Tesco Media, to unpack how retail media is evolving at speed — and what Tesco Media’s role looks like inside the wider Tesco ecosystem. We explore the “win-win-win” promise for shoppers, brands and retailers, the power of contextual relevance, and why Tesco calls its offering “video, reimagined.” Plus, we’ll look ahead to GenAI creativity, automation, and what brands should do now to prepare for retail media’s next phase.

Register to get 1 free article

Reveal the article below by registering for our email newsletter.

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

UK Retailers have almost halved their 2020 carbon reduction targets according to the latest data from the British Retail Consortium (BRC).

The data showed that carbon emissions fell by 49% since 2005, exceeding the original target of a 25% absolute reduction.

These targets form part of the BRC’s climate action roadmap whereby over 70 retailers have pledged to help the UK retail industry and its supply chain reach net zero by 2040.

The BRC also announced that Steve Murrells, Co-op group CEO, will chair the roadmap committee that aims to drive forward these targets.

The committee includes CEOs and senior executives of some of retailers, including Sainsbury’s, Iceland, IKEA, Mountain Warehouse, Dunelm and Feelunique and will establish and oversee the strategy and progress in getting the UK retail industry to net zero by 2040.

The roadmap will focus on the key challenge of working with suppliers to ensure that products sold are also net zero by 2040. However, the latest data showed that while carbon emissions from transport fell 43% when controlled for growth, just off the 45% target, absolute emissions fell by just 15%.

Peter Andrews, head of sustainability at the British Retail Consortium, said: “It’s a fantastic achievement to have halved greenhouse gases from our stores and lorries in little over a decade.

“However, we recognise we can do much more by helping drive decarbonisation across our supply chains and supporting our customers, the British public, to live lower carbon lifestyles through the products they buy.”

Steve Murrells, group CEO, Co-op, added: “The required levels of cooperation needed to tackle climate change are unprecedented and the BRC Roadmap will help unify UK retailers around a common purpose.

“Building on our own climate commitments to get to net zero by 2040 at the latest, I’m honoured to be leading the climate action roadmap steering group to help bring about bold and collective action across our industry and play a part in making things fairer for our planet.”

Previous Post
Angling Direct FY21 revenues soar 27.1%

Angling Direct FY21 revenues soar 27.1%

Next Post
Retail businesses started in 2020 to create 5,500 jobs

Retail businesses started in 2020 to create 5,500 jobs

Secret Link