Headlines

Retailers Pledge Zero-Emissions Shipping by 2040

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

Published

3 years ago

October 21, 2021

Retailers Pledge Zero-Emissions Shipping by 2040 — 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 Latest News Top patagonia sustainability zara

Jennifer Acevedo

Jennifer Acevedo is the editor-in-chief and associate publisher of VMSD magazine.

click to Comment(Comment)

Up Next

Former Neiman Marcus CFO Joins Tailored Brands

Don't Miss

Target to Double Number of Apple Shop-in-Shops

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design