Headlines

Retailers Pledge Zero-Emissions Shipping by 2040

Amazon, Ikea, Zara and Patagonia are among the brands participating.

Published

2 years ago

October 28, 2021

INSTORE Staff

Shutterstock

Retailers Amazon, Ikea and Zara are among nine multinational companies that have committed to transport all of their cargo in zero-emission ships by 2040, reports The Financial Times.

Shipping is reportedly responsible for 1.7 percent of greenhouse gas emissions worldwide, according to the World Resources Institute. The International Maritime Organizatio estimates that number at 2.9 percent.

Amazon’s goal applies to any cargo it handles, including products from third-party sellers, many of which are based in China, that depend on the company for logistics. Others who pledged to meet the 2040 goal include Michelin, Unilever, Patagonia, Brooks Running, Frog Bikes and Tchibo.

Related Topics: Amazon Ikea Retailers sustainability Zara

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

click to Comment(Comment)

Up Next

US Retailers Pull Chinese Surveillance Tech from Shelves

Don't Miss

70% of Gen Z Shoppers Will Do Most of Their Holiday Shopping in Stores

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”