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News in Brief, BB200803

European retailers commit to reducing energy consumption

30.04.2008

In March, European retailers signed a declaration of intent to reduce energy consumption by 20% per square metre. Fourteen major market players and members of the European retail round table (ERRT) made the commitment, including Wal-Mart, Tesco, Carrefour, H&M and Ikea. The declaration also expresses the companies’ wish to go beyond the European Commission’s binding target of 20% of energy from renewables by 2020 and to better inform customers on energy efficiency.

EU Energy Commissioner Andris Piebalgs praised the initiative, which was “launched jointly by major actors in a fiercely competitive market”, and emphasised the importance of civil society and market actors in tackling climate change. The European Commission in its press release also warmly welcomed the retailers’ decision, saying that “consumer purchasing decisions have a decisive influence on our environmental footprint”.

Read the ERRT press release and declaration,
See the European Commission press release.

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