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In this episode we speak to Matt Dalton, consumer sector leader at Forvis Mazars. Matt discussed the biggest challenges facing the retail sector, from cost pressures and wage increases to polarised property markets and geopolitical shocks, and the ways in which retailers can best navigate these. We also explore how short-term cost-cutting could undermine long-term resilience, and how retailers can best remain agile and adaptable in unforecastable times.

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Lidl has announced a range of climate initiatives, including plans to become carbon neutral by 2022.

Revealed as part of wider commitments made by Schwarz Group, the supermarket chain also claimed it aims to reduce its operational emissions by 80% compared to 2019 levels across all countries it operates in by 2030.

To reach the goals, Lidl will focus on cutting carbon emissions in both its stores and distribution centres by installing solar panels on all stores and upgrading the group’s refrigeration and lighting technologies.

Lidl will also oblige its suppliers, who represent 75% of product-related scope three emissions, which totals to 98% of all emissions at the group, to commit to their own climate protection targets.

Christian Härtnagel, CEO at Lidl GB, said: “As a discounter, it is ingrained in us to be constantly looking to maximise efficiency and reduce waste. 

“Whether it’s how we heat and light our stores, or how we transport food from our suppliers to our warehouses, we are continuing to find ways to cut emissions across our business.”

He added: “Through these ambitious targets we hope to make a significant contribution by not only rapidly decarbonising our own operations but also supporting our suppliers to do the same.”

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