According to our partners at Stibo, sustainability has become a top priority in the retail industry. Leading companies have increased their focus on becoming good corporate citizens, developing capabilities and measurements to track their sustainability goals. Retailers that don’t want to risk being left behind – or worse yet – greenwashing their success, must start building an organizational strategy around their corporate social responsibility (CSR) initiatives and environmental, social and governance (ESG) goals to ensure they are achieved over time.

In addition to establishing detailed plans and goals, retailers need data management, transparency and the technology that supports it to build a more sustainable future. Ensuring transparent data about retailers’ sustainability efforts and what they are doing to reduce their environmental impact is an essential part of the process.