Sustainability

Redwood Logistics and Cloverly Partnered Up for Sustainability Program

Globe Newswire: Redwood Logistics and Cloverly Partnered Up for Sustainability Program

Redwood Logistics has strategically partnered with Cloverly to provide solutions that aids customers to gain load-by-load visibility into their freight emissions and then offset them with carbon credits.

Jul 08, 2022

Aligning Purpose With Growth: Enabling Ethical Decision Making in a Growing Digital Business

Aligning Purpose With Growth: Enabling Ethical Decision Making in a Growing Digital Business

Laura Burbedge, the Online Director at Waitrose & Partners and speaker at IRX, describes how the organization uses Purpose to drive decision-making. 

May 06, 2022

Lazada Launches Campaign to Show Support for Sustainability in E-commerce

PR Newswire: Lazada Launches Campaign to Show Support for Sustainability in E-Commerce

Under this campaign, Lazada will work with LazMall brands and partners to create eco-friendly products that are accessible and recognizable to consumers.

Apr 20, 2022

Maersk Partners with Einride to Deploy 300 Electric Trucks in the US

Logistics Manager: Maersk Partners with Einride to Deploy 300 Electric Trucks in the US

Swedish freight technology company Einride is working with global transportation provider A.P. Moller-Maersk to expand its North American network.

Mar 28, 2022

Michael Corbo, Chief Supply Chain Officer of Colgate-Palmolive

Alcott Global Podcast: Michael Corbo, Chief Supply Chain Officer of Colgate-Palmolive

Leaders in Tech & E-commerce Podcast: Radu Palamariu of Alcott Global interviewed Michael Corbo, Chief Supply Chain Officer of Colgate-Palmolive.

Dec 21, 2021

David Shillingford, CSO of Everstream Analytics

Alcott Global Podcast: David Shillingford, CSO of Everstream Analytics

Leaders in Tech & E-commerce Podcast: Rushit Shah, Regional Director of Alcott Global interviewed David Shillingford, CSO of Everstream Analytics.

Nov 29, 2021

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Sustainability in Retail

Sustainability in E-Commerce Logistics

Sustainability is no longer a choice but a requirement for logistics and retail businesses today. So what is the key in making your retail business sustainable? Aside from business success, IKEA India has been working on a sustainability vision and culture. Its sustainable strategies aim to reduce waste and costs, reduce negative environmental impact, and promote healthy, sustainable living. Apart from retail sustainability, logistics companies have also followed suit. DHL’s GoGreen product portfolio comprises innovative and circular solutions to help minimize their carbon footprint.

Consumers Are Demanding for ​​Sustainable Brands and Products

Consumers are choosing to buy from retailers with sustainable and transparent business practices. In fact, 51% of shoppers consider sustainability to be a significant factor affecting their decision to purchase. This is another driving factor for retail, e-commerce and logistics businesses to embark on more sustainability-driven initiatives. According to Forrester Consulting, 44% of buyers worldwide are more willing to purchase from a brand that demonstrates a strong commitment to sustainability and has a sustainable retail strategy. 46% of shoppers intend to buy items with reusable product packaging. Furthermore, 50% of consumers claimed that whether or not a product is recyclable affects their purchasing decision.

Do Parcel Lockers Improve the Sustainability of Order Fulfillment?

In short, yes, using parcel lockers can help to improve the sustainability of the order fulfillment or last-mile delivery process. It is therefore reassuring to know that parcel lockers are growing in popularity among consumers around the world. For example, IKEA has launched a new click-and-collect parcel locker service, a sustainability initiative to reduce impact of last-mile deliveries into London, putting it closer to its sustainability goal of achieving zero-emission home delivery by 2025. Apart from parcel lockers, 19% of third-party logistics carriers are pioneering the usage of alternative fuels in their delivery vehicles, such as liquefied natural gas. With this, logistics companies hope to reduce their carbon footprint and develop an eco-friendly supply chain to support their long-term sustainability goals and targets. Also, several large truck manufacturers are investing in the technology of electric vehicles, which may spell the end of the internal combustion truck engine.

Link Between E-commerce Returns and Retail Sustainability

E-commerce returns and retail sustainability are inextricably linked. Assuring customers that they may return unsatisfactory things for free and conveniently has long been a motivator for conversion and customer retention. However, the returns culture and customer behavior of “purchasing more to return” have a substantial carbon footprint. In 2020, consumers returned approximately $428 billion in merchandise. With only roughly half of returned products being restocked, the half ended up in landfills. Retail rates of return have hit an all-time high, and the earth is suffering as a result. Retail businesses should try to minimize the environmental impact of the e-commerce returns process, and have returns policies that inspire a change in customer consciousness.