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Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

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Climate transition planning

Insights for retailers

Consumer & Retail

Climate change is no longer a distant concern—it is a pressing reality that retailers must address. To meet the demands of environmentally conscious consumers and investors, retailers need to prioritize sustainability efforts. Our thought leadership piece on climate transition planning for the retail industry provides strategies to help retailers navigate this transition successfully.

Why act now?

  • Understand the need for urgent action to reduce emissions and achieve net-zero targets by 2050.
  • Recognize the growing importance of sustainability among younger consumers, who are willing to spend more on sustainable products.
  • Learn how the values of millennials and Gen Z are shaping investment strategies, and why companies need to demonstrate their commitment to sustainability to attract investors.

Key considerations:

  • Minimize energy usage and reduce operating costs through initiatives like renewable energy adoption, efficient lighting, and eco-friendly packaging.
  • Set ambitious yet achievable emission-reduction targets aligned with organizational goals.
  • Integrate decarbonization efforts and climate risk assessment into a climate transition strategy to ensure business resiliency.
  • Create a four-phase roadmap that includes measuring and assessing emissions, strategizing and designing climate risk mitigation, mobilizing and transforming the organization, and implementing actionable steps.

Click below to access the full thought leadership piece and unlock the potential of climate transition planning for your retail business.

Dive into our thinking:

Climate transition planning

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Seizing the seamless opportunity

Advancing next-generation omnichannel capabilities aligned to customer journeys

Meet our team

Image of Julia Wilson
Julia Wilson
Principal, Advisory Strategy and ESG, KPMG US
Image of David T Ross
David T Ross
Managing Director, Advisory, ESG, KPMG US

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