“In joining the campaign, we hope to encourage retailers and wholesalers to set out their plans to achieve necessary carbon reduction targets by 2030 to help limit the global temperature rise to 1.5 degrees. A recent report by EuroCommerce in partnership with McKinsey shows that retail and wholesale value chains represent 40% of EU emissions, however only 5% of these are in direct control of retailers and wholesalers. Collaboration with supply chain partners and our stakeholders will be key to success in the Race to Zero.” – Christel Delberghe, Director General, EuroCommerce
“With the COP27 climate conference approaching, it is great to see momentum in the implementation of climate action through the Race to Zero Retail Campaign with EuroCommerce and national retail associations ANGED, APED, ESEE, FCD, France Commerce, POHiD, and Vakcentrum all pledging to accelerate the Race to Zero. I encourage all retailers and retail associations to step up climate action and join the Race to Zero.” - Nigel Topping, High-Level Climate Action Champion for COP26 and the UK.
Diane Holdorf, Executive Vice President, World Business Council for Sustainable Development said: “With this groundbreaking announcement, EuroCommerce and the joining member associations will catalyse hundreds of European retailers to take ambitious climate action. The sector increasingly recognizes the financial and operating risks posed by climate change across their supply chains and operations. We invite all retailers to join the UNFCCC’s Race to Zero, with retail associations like EuroCommerce playing a critical role in accelerating the retailing climate transformation.