Greening Retail’s new research report Best Environmental Practices From Around the World 2009, conducted by Evans and Company Consultants, and redesigned website were launched yesterday. The report examines 15 of the top best-practice environmental retail leaders in the world, identifying their strategies and tactics in detail and outlining the ROI that can come from sustainable practices.
Some key findings from the study include:
- Grocery store chains are the earliest adopters of environmental best practices, followed by department stores and other large space users, and then specialty stores
- Environmental strategy needs to fit the company size and structure
- Top three ROI action points include: Appointing champions throughout the organization, reducing energy and reducing waste
- Thirteen of 15 companies produced a CSR report
- Over 80 per cent of the companies measure and track energy usage, waste produced and diverted, CO2 emissions, transportation and water usage
“We found that there is strong support for environmental programs from leading Canadian retailers but they still face challenges when it comes to adopting best practices due to the lack of programs, research or identified returns on investments specifically for the retail sector,” said Bernie McIntyre, Manager Community Transformation Programs, Toronto and Region Conservation and project lead for the Greening Retail initiative. “The Greening Retail Program aims to fill the information gap for the industry. Access to relevant and practical data and best practices is critical for retailers to reduce their environmental footprint, save money and improve their bottom line.”
The 2009 study and redesigned website will be showcased at the International Council of Shopping Centers, Inc (ICSC) Canadian Convention Deal Making and Trade Expo, Sept. 21-23 at the Metro Toronto Convention Centre (Toronto and Region Conservation’s exhibit: booth G3). The redesigned website will support the study, contain research results and include tools such as: a searchable database of case studies covering environmental policies and governance; energy conservation; green energy; solid waste; water use; transportation; green products; supply chain/purchasing; staff training; customer education and marketing; corporate social responsibility reporting; benchmarks and green sites. The site also hosts implementation resources in 14 categories of environmental best practices. A Greening Retail Blog and Forum are also in the works for retailers to interact with experts.
“Through the study we were able learn what made the world’s top environmental retailers successful in greening their business,” said McIntyre. “We’ve taken this information and turned it into a useful report and integrated case studies and other findings into the website. We hope it will become an important resource for the industry and help the retail sector with its green transformation.”
For more information go to www.greeningretail.ca or www.trca.on.ca.
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