International Retailers Good morning, Dave
The UK is to become the first country in the Group of 20 major economies (G20) to require major companies to report their climate-related risks and opportunities. This means you, Tesco, Sainsbury’s, M&S, Aldi, Lidl, Ocado and the rest. About time too. Here’s one that’s not strictly retail, and not strictly international: Amazon Web Services has installed its first functioning solar plant here in South Africa, in the Northern Cape, a 10 megawatt (MW) solar generator supplying renewable energy to AWS data centres, at the saving of 25,000 tons of carbon emissions annually. Over in the USA, in its relentless drive for automation, Walmart is trialling driverless delivery, and has acquired some of the assets of a business aptly – magnificently – named Botmock, which is a robocall tech provider that will enable Walmart to offer shopping by voice and text. And back to the UK, where Asda has partnered with a business called RangeMe, which helps retail buyers scale their product sourcing through streamlined submissions, easy to use discovery tools, and an industry-standard pitch process. This will enable Asda to reach and buy from the emerging suppliers it is increasingly seeking to make its range more innovative and relevant.
Comment: A product that enables multiple smaller suppliers to service larger retailers at scale might be just the ticket for our own great sector.