Sector summary: The state of sustainability in retail
This edie insight report explores some of the key drivers, challenges and opportunities facing sustainable business within the UK retail sector.
Britain's retail sector is in a state of tremendous change. The perfect storm of cost pressures, rising inflation and slowing wage growth has led to fluctuations in consumer confidence, while a series of unexpected political events – topped by Brexit – has instilled a feeling of uncertainty across the high street.
Ultimately, this is an industry that will need to realise a fundamental shift in business model approaches and brand purpose if it is to fall in line with the levels of carbon reduction and resource efficiency required to mitigate global warming and guarantee security of supply. But, is this shift happening fast enough?
This 17-page sector summary report, produced with input from the British Retail Consortium (BRC), seeks to answer this key question by building on the key findings from our own industry survey to outline five drivers, challenges and opportunities facing sustainability professionals across the retail sector.
Fill out the form on the left and click 'READ THE REPORT' to download the full pdf version of the retail sector summary. And for more on the state of sustainability in retail, register to attend edie's Responsible Retail Conference in September.