Co-Op CEO on Grocers Going Green

The video discusses the transition plan for UK retailers to achieve net zero by 2042, emphasizing the need for collaboration and inclusivity. It highlights the challenges retail faces due to its carbon footprint and explores realistic actions for the next 12-18 months. The importance of transparency and science-based principles in reducing emissions is stressed, along with ensuring affordability for all. Consumer willingness to pay more for sustainable products and the role of businesses in global climate efforts are examined. The video concludes with an outlook on inflation and supply chain issues affecting consumers.

What is the target year for UK retailers to achieve net-zero carbon emissions?

• 2030

• 2025

• 2042

• 2050

Which principle is NOT mentioned as part of the retail consortium's approach to reducing carbon emissions?

• Follow the science

• Leave no one behind

• Increase profits

• Partner for solutions

What is a key factor in making eco-friendly products more accessible to consumers?

• Increasing advertising

• Limiting availability

• Reducing production costs

• Pricing them the same as non-eco-friendly products

How does the speaker suggest businesses should handle the cost of eco-friendly changes?

• By absorbing all costs internally

• By passing all costs to consumers

• By inflating prices significantly

• By making gradual price increases

What major events are described as trigger moments for climate action?

• Weekly business reviews

• Local community meetings

• Annual shareholder meetings

• COP 26 and future events

What economic issue is expected to influence consumer prices in the UK?

• Deflation

• Inflation

• Stagnation

• Recession

What is the expected impact on product availability during the holiday season?

• Limited range of choices

• Increased variety of choices

• No impact on availability

• Complete shortage of products