Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
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May- 2021 -20 MaySport & Leisure
Gymshark names Danielle Petesic as chief product officer
Gymshark, the fitness apparel brand, has appointed Danielle Petesic as its new chief product officer (CPO), taking over the role from founder, Ben Francis. Petesic joins Gymshark after almost four years as Lululemon’s vice president of Product Development, where she was responsible for all product engineering and development of all…
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12 MaySupermarkets
Lidl commits to sustainability with creation of carbon-neutral cheddar
Lidl has announced that, alongside Wyke Farms, it will create a carbon-neutral Cheddar by the end of 2021. This news follows the supermarkets commitment to reduce carbon across its supply chain and support more sustainable farming practices. Through sustainable working practices, the supplier will aim to save 22.5 million kgs…
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12 MayHigh Street
Retailers almost halve carbon reduction targets
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…
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11 MayAnalysis
Plastic Packaging Tax revenues should be reinvested in retail
It’s now less than 12 months until UK retailers face paying a new levy on plastic packaging, with this set to raise hundreds of millions in tax revenues. This money should be shared with retailers to help further improve recycling and sustainability. UK Plastic Packaging Tax explained From 1 April…
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7 MayLuxury Goods
Body Shop owner fundraises over £700m in sustainability-linked bonds
Natura and Co, the parent company of The Body Shop, Avon, and Aesop, has announced the completion of an international fundraising effort of $1bn (£718m) in bonds attributed to sustainability goals. According to the group, the funds will be put towards refinancing existing debt, as part of the group’s liability…
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7 MayClothing & Shoes
Joules secures ESG-linked financing arrangement
Clothing retailer Joules has announced an extension to its current funding arrangements, converting the facility to an ESG-linked financing arrangement. Placed through Barclays Bank, the scheme includes a £25m revolving credit facility and £9m term loan to September 2024. Under the terms of the arrangement, Joules’ interest rate loan margin…
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4 MaySupermarkets
Hotel Chocolat to launch branded spaces within Waitrose
Hotel Chocolat will launch new branded spaces within select Waitrose stores, as the confectionery company continues its 12 year relationship with the John Lewis Partnership. According to Waitrose, this is the first time the store has given an “exclusive bay” on its shelves to any other company. The deal will…
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Apr- 2021 -30 AprilSupermarkets
Tesco to offer sustainability-linked supply chain finance
Tesco is set to become the first UK retailer to offer sustainability-linked supply chain finance in a move that will aim to encourage more suppliers to sign up to science-based emissions reduction targets. The voluntary programme has been in development for the past 18 months and is due to launch…
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29 AprilSupermarkets
Asda to sell vintage clothing as part of sustainability commitment
Asda’s instore clothing brand George will begin selling second-hand clothing in its supermarkets as part of its ‘George for Good’ commitment to drive down textile waste. Following a successful trial in Asda’s sustainability store in Leeds, George is now launching the sustainable fashion partnership in a further 50 of its…
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26 AprilDepartment Stores
John Lewis Partnership to donate £1m to over 1,000 local charities
The John Lewis Partnership has announced that it will donate over £1m this summer to more than 1,000 local charities and community organisations in an effort to help end child poverty across the UK. As part of its support, both John Lewis and Waitrose shops will direct its regular community…
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