Sustainable retail is when retail organizations take measures to ensure their business, manufacturing, and production processes don’t negatively impact the environment.
A growing number of consumers are exercising their values through their dollars, shopping specifically at organizations that actively work toward a positive environmental impact. Sustainable retail is a central approach to eco-friendly product manufacturing, shipping, and selling, one that — when done well — not only helps reduce carbon emissions and waste but also wins consumers’ business.
Several factors affect sustainable retail practices, including:
As the climate change crisis continues to grow and consumers continue to advocate for better sustainability practices, businesses that don’t address this issue risk losing to environmentally conscious competitors.