How Chalhoub Group is paving the way to net-zero emissions by 2040

June 12, 2023 | By RetailME Bureau

How Chalhoub Group is paving the way to net-zero emissions by 2040

Chalhoub Group’s annual 2022 Sustainability Report outlines how the luxury retailer is paving the way for net zero emissions across its operations by 2040. The report announces the validation of 10-year science-based targets by Science Based Target Initiative (SBTi) to reduce the company’s carbon emissions.

The 2022 Sustainability Report highlights Chalhoub Group’s commitments across three key pillars including People, Planet, and Partners, while showcasing how the Group’s material Environmental, Social and Governance (ESG) topics integrate into its operations.

Achievements across the three key pillars include Chalhoub Group surpassing its Women in Leadership (WiL) Programme 2021 target for 30% of senior leadership positions to be held by women and has now set a new target of achieving 35% by 2024.

On the partners front, over 25% of Chalhoub Group’s supplier base has been assessed across United Nations Global Compact (UNGC) principles of transparency, labour and human rights, environment, and anti-corruption. Additionally, Chalhoub Group is prioritising nurturing ethical and responsible partnerships to achieve common sustainability goals and establishing a strong Group-wide Health and Safety management framework.

On the planet front, Chalhoub Group has committed to reducing absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year; and to reducing absolute scope 3 GHG emissions, from purchased goods and services, upstream transport and distribution, upstream leased assets and investments, by 30% within the same timeframe. The report also explains how Chalhoub Group is paving the way to net-zero emissions across all its operations by 2040 in alignment with local and global targets. It sheds light on the Group’s efforts in expanding the business into the wellness market and introducing products, services and platforms based on principles of the circular economy.

On the Diversity, Equity, and Inclusion front the Group’s unwavering commitment is translated through promoting gender balance as well as creating a welcoming environment for People of Determination (PoD). Today the Group employs 18 People of Determination across its operations and plans to launch PoD internship programme in UAE with a view of expanding to KSA in 2024.

“We have taken a significant step towards achieving the objectives of our Chalhoub Impact framework by strengthening the integration of Environmental, Social and Governance (ESG) principles into our business model. In 2022, our primary focus was paving the way towards being a Net Zero Group by 2040, in line with our commitment to tackling climate change. We also ensured that our 10-year carbon reduction targets have been validated by SBTi, which will accelerate the Group’s electrification and operational efficiency efforts,” stated Florence Bulte, Chief Sustainability Officer, Chalhoub Group.

Previous Article Next Article



Spinneys has announced the launch of The Kitchen by Spinneys, its first-ever 

Continue Reading

May 20, 2024 | By RetailME Bureau

In a move set to redefine the landscape of the Fast Moving 

Continue Reading

May 16, 2024 | By RetailME Bureau
Sunil Kumar and Ali Saeed Juma Albwardy, Spinneys

One of UAE’s leading fresh food retailers, Spinneys has announced its intention 

Continue Reading

April 19, 2024 | By RetailME Bureau
Laura Manning, Managing Director & Founder, BRW Society

Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes 

Continue Reading

April 5, 2024 | By Rupkatha B
Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau

Download Images RetailME Magazine