Category: Sustainability

Insights abound in this engaging article from Retail Dive. It’s called Consumers demand action on climate change — and it’s time for retailers to listen. 

There are ideas here that we thought we all need to be aware of. This one, for example, is an example:

With a growing number of consumers showing concern for the environmental impact of their purchases, retailers can increase trust – and sales – by incorporating more sustainable practices into their operations. For the bottom line, sustainability efforts can translate into improved sales and brand loyalty as consumers look for providers that align with their own values.

To learn more, take a look at the rest of this fascinating piece…

Read the source article at Retail News and Trends

Retail World Magazine shares with us this interesting article called Sustainability in FMCG. It’s really thought-provoking so we decided to give you a sneak peek.

Here’s one perspective that got us thinking:

Plant-based products are rising in popularity as more dairy and meat-alternative products take over shelves in-store. According to the IRI Shopper Panel Survey 2019, 31 per cent of Australian households intend to cut red meat intake while more than half (55%) also say they try to buy environmentally friendly products.

There’s more nuggets of wisdom for you and your business in the full article so do give it a read. Just click on the link below to gain access…

Read the source article at Retail World Magazine

Some companies are taking drastic steps to minimizing the environmental impact of doing business. Here’s an article that shares about a couple of these brave organizations.

Here’s a short excerpt:

Treloar tells SmartCompany the decision, which saw her business part ways with the source of about a fifth of its stock, wasn’t easy, but several months on, new suppliers and compostable packaging have reduced the bookshop’s environmental footprint.

To find out how they fared after ditching their supplier, take a look a the rest of this really thought-provoking piece…

Read the source article at smartcompany.com.au

This thought-provoking article from Retail Dive, we thought, deserves a share. It’s called Adidas, Ikea lead on sustainable cotton sourcing.

In it, Emma Cosgrove shares her two cents about the Sustainable Cotton Rankings that put Adidas and Ikea on top of the list. Here’s one of her key insights:

The definition of sustainable cotton used for the report’s assessment of the strength of sustainable cotton supply includes Organic cotton, Fairtrade cotton, Cotton Made in Africa (a formal standard covering agricultural and social impact) and cotton certified by the Better Cotton Initiative (BCI). BCI works with farmers to promote a cotton production method “that cares for the environment, minimising the negative effects of fertilisers and pesticides, and caring for water, soil health and natural habitats.”

However, the companies listed in the Sustainable Cotton Ranking were evaluated for company policies that firmly direct more sustainable cotton sourcing — without stipulating by what standards — along with actual followthrough on these policies and the internal traceability available to benchmark sustainability improvements in their cotton supply.

To learn more about this issue, take a look at the rest of this interesting piece….

Read the source article at Retail News and Trends

Leading brands and manufacturers have joined the revolution and support the work of Plastic Bank – Social Plastic, creating Impact product, or purchasing offsets to make their products Plastic Positive.  Find out who is stepping forward for change and support our partners who #plasticresponsibly!

 

Read the source article at Plastic Bank

Here’s a really fascinating piece from Inside Retail. It’s called Sustainable is the new ticket to play.

There’s some really thought-provoking stuff in here. Here’s one that caught our attention:

Retailers should see the circular economy as an opportunity to be innovative, collaborative and explore new business models that connect with their customers. Partnerships are key in a circular economy, ranging from recyclers, resellers, repairers, manufacturers, distributors and customers themselves.

An example of a company that has taken the textile circular economy to heart is Nudie Jeans, which uses sustainable and recycled materials. The company has global repair locations for customers to maintain their jeans, as well as re-sell and recycle their jeans.

For more information, take a look at the rest of this interesting article at the link below…

Read the source article at Inside Retail

This article from Greenbiz shares interesting perspectives. It’s called What separates companies that succeed at becoming more sustainable from those that fail? 

In it, CB Bhattacharya shares: 

Companies that want to achieve goals such as reducing their carbon footprint or waste tend to do better when they make sustainability an integral part of their core purpose and communicate this commitment to the entire staff. That’s clear from a recent analysis I conducted of environmental, social and governance performance data on over 3,000 companies during a 10-year period. I found that companies that said they have an “overarching vision” that combines financial goals with social and environmental ones tended to perform better on a measure of their impact on the environment. They also tended to perform better financially as well.

Why? Because workers like a corporate purpose that trumps profit. Research has shown articulating a purpose beyond profit resonates with a company’s workforce.

There’s more nuggets of wisdom to be unpacked here. Take a look at the rest of the article to learn more… 

Read the source article at GreenBiz