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Sustainability in Retail Is Possible – But There’s Work to Be Done
Article

Sustainability in Retail Is Possible – But There’s Work to Be Done



Editorial Rating

8

Qualities

  • Overview
  • Inspiring

Recommendation

The Boston Consulting Group partnered with the World Retail Congress to survey employees from 37 significant retailers. Though responses came from companies all over the world, they had one result in common: Retailers are increasingly concerned with sustainability. Is it just lip service to mollify consumers, or is this new-found concern for the environment genuine? Time will tell, but either way, the road ahead is a rough one. This report provides nine necessary principles for moving retail companies in the right direction.

Take-Aways

  • Most retailers are a long way from reaching maturity in terms of sustainability practices.
  • Sustainability can create a competitive advantage for retailers.
  • Prioritize and embed sustainability throughout your company, then reimagine the company’s processes through a sustainability lens.

About the Authors

Shalini Unnikrishnan, Henry Fovargue, Davide Urani, Alexandra Frugone, Priya Karve, Miranda Hadfield and Josefina Salas are professionals with the Boston Consulting Group.


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