The retail C-suite has been faced with a series of challenges only few could imagine. The industry has never undergone such a colossal trial, and it also has never been presented a more powerful opportunity to demonstrate responsibility and resilience—and emerge stronger.
Now is the moment to adopt the environmental, social and governance (ESG) practices that will allow a company to thrive again.
A retail strategy that sets the pace
The need to transform the retail sector has accelerated as we see more consumers, employees and investors favoring companies that have an authentic ESG strategy across all business disciplines.
Retailers are in a powerful position to make changes that drive sustainability across functions while enabling a profitable future. Leaders are thinking about ESG not as a problem to solve, but as the solution to cleaner, more efficient, less wasteful practices.
Scaling ESG Solutions in Fashion
This report is a call to action for the fashion industry, proposing detailed sustainability activities and solutions across seven priority areas. Read more.
Seize the moment
This report explores how retailers can reimagine their businesses via the lens of sustainability to enable a responsible and resilient future. Read more.
In fashion specifically, extraordinary levels of collaboration, commitment, consumer engagement, innovation and technology are required to transform the industry at speed and scale. With an industry valued at almost US$3 trillion and an estimated 1 in 6 people working in fashion, the size and breadth bring significant climate and socio-economic impacts—and opportunities.
The path ahead is complex and calls for a strategic approach.
We are helping global retailer H&M deliver fashion in a sustainable way. Its online ecommerce solution, built and run by Accenture, uses only green energy, including wind power on Azure cloud, that auto-scales to reduce use to a minimum.
A retail fashion industry designed to endure
The retail industry has proven decade after decade that it is adaptable and resilient. Recent and ongoing changes happening in the world can serve as a call to rebuild yet again—but with new ambitions to be more responsible to shareholders, employees and the planet.