Retail’s Tracking Woes Of Indirect Emissions

November 18, 2022 EcoVadis ‏‏‎


Owing to its vast Scope 3 footprint, the retail industry at large accounts for over 25% of global emissions and 40% of the global plastic usage. Wary of the situation, and faced with consumer and legislation-induced pressure, the retail industry is starting to act.

An Oxford Economics study showed that 52% of the organizations had commenced sourcing sustainable materials for product manufacturing or merchandising, and 62% claim to have sustainability plans in place. And yet, just under 20% of the retailers are on course to curb their emissions and prevent the rise in global temperatures (of no more than a 1.5⁰C).


Read the full article at: www.forbes.com

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About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 175+ countries.

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