Robust data on existing greenhouse gas emissions is essential for each retailer to plan its own decarbonisation priorities. Ambitious public targets, supplier engagement and the embedding of greenhouse gas data into corporate decision making will act as enablers on the path to net zero.
Milestones
2025
- Retailer greenhouse gas measurement and public reporting.
- Top suppliers committed to net zero and/or science-based targets.
- Tier 1 manufacturing greenhouse gas data provided by top suppliers.
- Internal cost of carbon adopted.
2030
- Product greenhouse gas data provided by top suppliers.
- Increase in the ‘cost per tonne’ of internal carbon price.
Action
To achieve rapid decarbonisation, retailers must fully understand, measure and report on the sources of greenhouse gas emissions across their value chain. Measuring and reporting is also essential for developing ambitious business commitments on net zero and setting realistic targets for decarbonisation. Setting Science-Based Targets (SBTs) is a key action retailers can take to demonstrate public ambition and report progress on their decarbonisation journey.
New GHG Accounting, Reporting and Target-Setting Guidance for the FLAG Sector with 3Keel
Carbon Removals and the Road to Net Zero with Mondra and One Carbon World
Net Zero Transition Plans: Setting a Gold Standard with Carbon Trust
Read these resources
Supplier Data
Upstream and downstream supply chain emissions (known as ‘scope 3’ emissions) typically constitute the majority of a retailer’s overall carbon footprint. The breadth and complexity of retail supply chains, however, poses issues in obtaining timely and transparent emissions data from suppliers. Proactive engagement with suppliers to understand, measure and take action on emissions hotspots is essential for decarbonising retailer supply chains, and for ensuring businesses are not subject to ‘greenwashing’.
Watch these webinars
Putting GHG Data at the Heart of Business Decision Making with Mondra and Alix Partners
Environmental Product Footprinting At Scale with Mondra
Mastering Green Claims with Provenance
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Commercial Imperative of Carbon Managment with Alix Partners and Mondra
Reporting and Data Content
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