UK Retailer Says Sustainability Will Deliver More Than $1 Billion in Savings by 2020
Asda, which operates more than 500 retail stores across the UK, announced earlier this month that it is on track to deliver customer savings adding up to £800 million (about $ 1.2 billion) by 2020, thanks to its commitment to sustainability initiatives.
The company has been working towards a variety of sustainability targets since 2005, when global parent Walmart announced its commitments to sustainable sourcing and reductions in energy use and waste.
Asda has already made considerable progress. The company has:
- saved more than £70m in 2010 alone by reducing waste and energy usage in its operations.
- reduced absolute carbon emissions by an industry leading 11.9 percent –exceeding its target to achieve a 10 percent reduction by 2015.
- eliminated 149,000 tonnes of carbon from operations since 2007. (That’s the equivalent of taking 60,000 cars off the road for a year.)
- eliminated 900 jumbo jets worth of packaging from its products.
- reduced energy use in stores equivalent to that used by over 55,000 homes every year.
- eliminated 17 million miles from its supply chain. (The company says that’s the same as going to the moon and back 38 times.)
- redirected all food waste and 96 percent operational waste from landfill through recycling programs, including diverting waste for energy.
In addition, over the past nine months, Asda has asked customers about their views on sustainability issues and what matters to them. Based on this research, the company concluded that: (more…)









