Recognising the shifting consumer landscape, forward-thinking retailers are embracing sustainability as a core aspect of their business strategy. From high-street names to luxury brands, the industry is witnessing a wave of innovations aimed at reducing environmental footprints. These include sourcing materials from sustainable suppliers, adopting circular economy principles, and introducing take-back schemes for recycling. However, the transition is fraught with challenges, such as higher operational costs and the need to balance sustainability with profitability.
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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.
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