We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
Home » RILA show: retailers make climate progress through discrete solutions

RILA show: retailers make climate progress through discrete solutions

Companies cut carbon by addressing six priorities, consultant says.

climate IMG_8359.jpg
February 22, 2022
Ben Ames
No Comments

The call for corporate and social responsibility (CSR) covers a broad waterfront, as companies are increasingly measured by their ability to be good citizens, not just profit machines. Climate policies are sometimes seen as one of the toughest checkmarks on that list, but with a careful approach, retailers can not just satisfy growing pressure from stakeholders but also generate new value, according to a speaker Tuesday at the Retail Industry Leaders Association (RILA)’s supply chain conference, called LINK 2022.

One way to make progress on climate goals is to break them into a handful of bullet points, Henry Fovargue, a partner with the Boston Consulting Group, said in a session titled “Six climate priorities for retail leaders—and how to address them.” 

Agriculture and raw materials can produce carbon from cattle digestion, but retailers like Walmart cut back on methane by working with farmers on specialized feed. Fuel and fleet sources may seem unavoidable, but Amazon has made huge strides in electric vehicles. Plastics in packaging create widespread pollution, but British retailer Tesco offers its own recycling service. Electricity and heat may seem beyond corporate control, but Ikea has built its own wind turbine fields. Refrigerant gasses create far more global warming than carbon dioxide, but Target has replaced those leaky systems with each new store remodel or DC refit. And food waste can pull the rug out from beneath all those other efforts, but Tesco trimmed the problem with a popular new line of “ugly vegetables” that would otherwise have been thrown away.

According to Fovargue, those success stories show that retailers can make climate progress if they leverage digital tools, embed sustainability into core business decisions, engage with suppliers, and find value in new places.

Green (Carbon Mapping, etc.)
KEYWORDS Boston Consulting Group
    • Related Articles

      RILA show: Retailers need ROI in rush to same-day delivery

      RILA show: shippers navigate tight parcel market

      RILA show: Covid and consumer pressures force update of KPIs

    Benames
    Ben Ames has spent 20 years as a journalist since starting out as a daily newspaper reporter in Pennsylvania in 1995. From 1999 forward, he has focused on business and technology reporting for a number of trade journals, beginning when he joined Design News and Modern Materials Handling magazines. Ames is author of the trail guide "Hiking Massachusetts" and is a graduate of the Columbia School of Journalism.

    Recent Articles by Ben Ames

    UPS to acquire time-critical logistics provider MNX Global Logistics

    Kion begins recycling lithium-ion forklift batteries with partner Li-Cycle

    UPS to hire 100,000 seasonal employees

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • U.S. manufacturing resurgence faces headwinds

    • FedEx pilots a trailer-loading robot with twin arms

    • Five questions to ask before electrifying your indoor forklift fleet

    • GE Appliances unveils $450 million upgrade to manufacturing plant in KY

    • Fernride raises $50 million backing for its autonomous, electric trucks

    Now Playing on DCV-TV

    8022fd6a 1015 4e8b 9a40 4a5ac7c4f23d

    Take the guess work out of managing your forklift fleet

    DCV-TV 4: Viewer Contributed
    Intense materials handling operations can’t leave performance to chance. If you don’t know what’s happening with your forklift fleet – like truck location, utilization or maintenance needs – is your decision making really on solid ground? The Hyster Tracker wireless fleet management system offers real-time...

    FEATURED WHITE PAPERS

    • Rodent Radar: A Guide To Help Protect Your Business From Rodents

    • The Value of Genuine Parts and Service

    • Five questions to ask before electrifying your indoor forklift fleet

    • Unlock Success with Our Freight Tech Checklist!

    View More

    Subscribe to DC Velocity Magazine

    GET YOUR FREE SUBSCRIPTION
    • SUBSCRIBE
    • NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing