Global retail supply chains are responsible for 25% of global emissions and 40% of plastic usage worldwide. Today, the world produces twice as much plastic as two decades ago, whereby as little as 9% is recycled.
With this, addressing how the retail sector views and manages emissions and plastic usage is vital for the UAE’s net zero by 2050 while reaping the economic benefits of the green transition.
“From jobs to technological efficiencies, sustainable practices can help drive growth. Through its Green Agenda 2030, the UAE is encouraging businesses to grow more sustainably,” says Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment.
At the 13th National Dialogue for Climate Ambition (NDCA), Almheiri called for these retail businesses to stitch sustainability throughout their operations, including driving positive behavioral change from consumers.
To support this vision, the UAE Climate Responsible Companies Pledge saw 13 businesses added to the list, bringing the number to 131. The pledge is a commitment to embedding sustainability and inspiring customers and partners to embrace sustainable action.
“For the UAE to meet its climate goals, we need every part of the economy working towards creating a greener future – including retail. At COP28 next month, UAE businesses will not sit on the sidelines. They will be front and center, showcasing sustainable action, innovation, and ambition,” Almheiri said.
She added that less than 20% of retailers are on track to support the world in achieving the Paris Agreement goals, making climate action on the retail sector’s part extremely important.
Incentive schemes, part of the Green Agenda 2030, highlight the need for businesses to adopt green manufacturing, encourage alternative fuels, and promote green jobs to fresh graduates.
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