Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28


December 8, 2023 | By Rupkatha B

Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour in the UAE, has pledged alongside 16 of its FMCG partners to advance the COP28’s Collaborative Impact Goals (CIGs), demonstrating a progressive step for the retailer in combining forces to deliver a sustainable future. Through this initiative, Carrefour and its industry partners are setting a benchmark for end-to-end sustainability operations, future proofing modern retail by ensuring a secure future for the planet and surrounding local communities.

According to the pledge, which entails three CIGs, Majid Al Futtaim and its Carrefour FMCG partners are mandated to commit to CIG 1, which targets Greenhouse Gas Emissions. Pledged members are committed to measure, report and activate steps towards carbon emissions’ reduction of their respective products that sit on Carrefour shelves. The joint efforts of members will aim to meet Carrefour’s target of eliminating one billion kilogrammes of CO2 by 2030. CIG 1 is mandated for suppliers as part of Carrefour’s commitment to reduce the significant 93% contribution of its Scope 3 emissions. This aligns with Carrefour’s efforts to enhance energy efficiency and sustainability across the supply chain. Following the mandatory goal, CIG 2 and CIG 3 are optional for parties to implement, which focus on Sustainable Packaging and Healthier & More Sustainable Products, respectively.

The pledge follows the successful launch of the Supplier Sustainability Forum earlier this year, a commitment signed by the FMCG partners in partnership with the UAE’s Ministry of Climate Change and Environment (MOCCAE) and the Dubai Chamber of Commerce. Following the pledge, the Supplier Sustainability Forum aims to establish working groups in 2024 to identify priority projects for each of the CIGs.

Previous Article Next Article

SHARE


TRENDS


Elmoataz Obada, Co-Founder, Monkey Distribution

The power of pop

From butter beer to brooms. Dobby themed coffee mugs and keychains to 

Continue Reading

May 6, 2024 | By Rupkatha B
Malina Ngai, Group Chief Executive Officer, AS Watson Group

Watsons to open 20 new stores in the GCC

In 2020, global health & beauty retailer A.S. Watson Group signed its 

Continue Reading

April 29, 2024 | By Rupkatha B




YOU MAY ALSO LIKE /



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