Five retail and business associations have pledged to become Accelerators for the Race to Zero.
Race to Zero is the UN-backed global campaign that is rallying companies, cities, regions, financial and educational institutions to take action to halve global emissions by 2030. The Race to Zero 2030 Breakthroughs: Retail Campaign engages national and regional retail associations “to help support their members to build capacity to decarbonize through the Race to Zero Retail Centre of Excellence ,in order to catalyze a net-zero breakthrough within the retail industry by 2030.” Founded by Best Buy, H&M Group, Ingka Group (IKEA), Kingfisher plc and Walmart, the campaign is hosted by the World Business Council for Sustainable Development (WBCSD) and is backed by the UN Climate Change High-Level Champions.
The five newly pledged associations are:
These five associations join the British Retail Consortium (BRC), the Australia Retailers Alliance (ARA), EuroCommerce and seven additional national associations, bringing the total to 15 associations from around the world mobilized to drive climate action across the retail sector.
“We can’t solve the biodiversity crisis without addressing climate, and with 30-40 percent of global greenhouse gas emissions attributed to the retail sector, we need to accelerate the industry transformation,” says Diane Holdorf, executive vice president, WBSCD. “By mobilizing retail associations around the world, the Race to Zero Breakthroughs 2030: Retail campaign has catalyzed collaborative action for a more nature-positive, net zero future.”
Associations and other retail-related groups and companies wishing to join the Race to Zero can apply here.