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Carrefour Needs Sustainability Objectives

Date: 02 September 2010

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9 pages, 4 figures

Executive Summary

This case study is one in a series of Verdantix reports that analyses the business benefits of corporate climate change plans. Carrefour is the second largest retailer worldwide with 495,000 employees and €85bn revenues in 2009. The firm began reporting on corporate responsibility and sustainability issues in 2002, establishing a sustainability plan with the aim of: reducing in-store energy consumption, tackling refrigerant-based emissions, optimizing logistics to reduce fuel consumption, conceptualizing eco-stores, supporting local food producers, rewarding sustainable suppliers, establishing an ethical supply chain, and preserving biodiversity and natural resources. Although the current plan has made notable progress, the firm now needs to disclose transparent sustainability targets, shift thinking from nuclear to renewable energy, and assess global implementation capabilities for sustainability.

TABLE OF CONTENTS

CARREFOUR’S PLAN OVERLOOKS CLEAR EMISSION TARGETS
Energy Reductions Top Carrefour’s Sustainability Plan
Carrefour’s Sustainability Plan Is Broad, But Not Deep
Partial Targets And Reporting Expose Implementation Difficulties

TABLE OF FIGURES

Figure 1. Carrefour’s Sustainability Organization Structure
Figure 2. Sustainability Programme Focuses On Cost Reduction And Brand Enhancement
Figure 3. Carrefour Sets Four Targets For The 2004 - 2020 Period
Figure 4. CO2 Emissions Per Sales Increased Between 2007 And 2009

COMPANIES MENTIONED

ADEME, Carbon Disclosure Project, FedEx, Fresh & Easy, International Federation of Human Rights, International Labour Organization, Marks & Spencer, Tesco, Verisae, Wal-Mart, WWF