UK retailer Sainsbury’s has issued a pledge that its operations will become Net Zero in line with the goal to limit global warming to 1.5°C, the highest ambition of the Paris Agreement, and a decade ahead of the UK Government’s own target. The project will focus on reducing carbon emissions, food waste, plastic packaging, water usage and increasing recycling, biodiversity and healthy and sustainable eating Sainsbury’s will work collaboratively with suppliers and will ask suppliers for their own carbon reduction commitments.
UK grocery market
Sainsbury's commits to £1 billion to become Net Zero by 2040
Departure of Sainsbury’s CEO “not due” to Asda deal collapse
Credit: Peter Nicholls, Reuters, The Times
Sainsbury’s CEO, Mike Coupe, has announced his resignation but will remain in his post until the end of May. His replacement will be current retail and operations director, Simon Roberts. Coupe has denied that his resignation is linked with the collapse of the £12 billion merger with Asda, emphasising that it was his own decision to leave.
Over a quarter of UK consumers don't trust organic label
British grocery market returns to slow growth
Sales of fresh fruit and of vegetables have both grown 5% in the British grocery market, according to Kantar Worldpanel grocery share data for the 12 weeks to January 31.
The research firm said consumers had clearly sought a healthier start to the year and in doing so turned to fresh foods – particularly fruit and vegetables.
Sainsbury's, Lidl and Aldi gain share in UK grocery market
"Not much festive chair for supermarkets collectively this month with growth falling to a feeble 0.1%." That's how Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, began discussing the company's latest data on grocery share in the UK, covering the 12 weeks to December 6.
Furthermore, like-for-like prices had fallen by 1.9% in the previous month, he said.