
TECH SUPPLIER Jun 2022 - IDC Survey - Doc # US147890021
Sustainability in Retail: Initiatives, Drivers, Challenges, and Investment Focus
Abstract
This IDC Survey is designed to provide insight into the goals, challenges, and benefits of sustainability initiatives for retailers; where their focus is for sustainability initiatives; how considerations for sustainability impact decisions relative to technology implementations; which technologies and types of providers are viewed as providing the most benefit to enabling sustainability; and what levels of investment are expected in sustainability-related technologies.
The survey addressed sustainability specifically through eight dimensions:
- Scope 1 and 2 — GHG emissions/energy management
- Scope 3 — GHG emissions/energy management
- Water and wastewater management
- Customer privacy and data security
- Product quality and safety/selling practices and product labeling
- Employee experience/DEI
- Employee health and safety
- Product design and life-cycle management/waste and hazardous materials management
One of the encouraging findings of this survey is that "improving operational efficiency and costs" is the number 1 factor driving retailers' sustainability initiatives. That is significant because it demonstrates an understanding that sustainability isn't only an add-on. It is about running a business more responsibly and less wastefully. Philosophically, it shows an understanding that sustainability is just good business and that it is becoming integrated into how everything is done — a habit, one might say.
Coverage
Subscriptions Covered
IDC Retail Insights: Worldwide Retail Product Sourcing, Fulfillment and Sustainability Strategies
Regions Covered
Topics Covered
Asset disposal, Corporate social responsibility, Governance, Green ICT and sustainability, Product design, Recycling, Regulatory compliance
Vertical Markets
Content
- 26 slides
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