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RLI RETAIL INSIGHT


 Growing a Greener


 Landscape in Retail



 For our Retail Insight this month, Simon
 Layton, Centre Director for Trafford Centre
 takes some time out of his day job as he puts
 conscious consumerism and the environmental
 change in retail under the microscope.


  Trafford Centre, Manchester, UK

 hat does the future of retail look like   enhance the overall customer experience,   emissions, energy consumption and waste. Like
 Win a climate of conscious consumerism   foster loyalty and attract more socially   so many high street retailers, shopping centres
 and environmental urgency?  The operation,   conscious shoppers.  are taking action, upgrading energy efficiency
 management and design of shopping centres   Trafford Centre’s  ESG strategy  took   through the installation of solar power, LED
 have never been so intensely in the spotlight.  18  months  to  develop.  It  is  a  detailed  and   lighting and upgrading heating and ventilation
 Sustainability  in  retail  involves  a  thorough policy focused on achieving   systems.
 comprehensive approach to minimising carbon   widespread positive environmental and social   Green lease schemes are a good place
 emissions and promoting ethical practices,   change, bringing colleagues, tenants and the   to start too. The initiative aims to integrate
 while ensuring long-term viability. To this end,   local community together.  environmental considerations  into tenant
 leading retail and leisure destinations need   agreements, promoting sustainable practices
 to become champions of sustainability and   throughout the shopping centre.  These are
 innovation to continue evolving in line with   all measures to reduce carbon footprint, while
 customer habits.  creating inviting spaces for tenants and visitors.
 Shopping  centres cover vast areas and   It was recently announced that 2024 was
 house a diverse range of stores, restaurants   the fourth hottest year on record for UK, so
 and entertainment options. Given the scale,   as we continue to face hotter, dryer climates   AD
 shopping centres play a critical role in shaping   and less predictable rainfall, smart water-
 the retail landscape and must lead by example   saving solutions and management need to be
 when it comes to sustainability. By integrating   incorporated into centres’ ESG strategies.
 sustainable design, energy-efficient systems and   Waste management must also be addressed
 environmentally friendly practices, shopping   through robust recycling schemes.
 centres can set the standard for the entire   BY EMBRACING CHANGE AND   By engaging local communities and tapping
 industry.  THE CHALLENGES ASSOCIATED   into collective intelligence, centres can better
 We all know that shoppers are savvy, so   WITH CHANGE, SHOPPING   prioritise and facilitate sustainable change. For
 while the cost-of-living crisis and inflation rates   CENTRES CAN REDEFINE   example, by hosting workshops and educational
 are not seeing positive changes, consumers   THEMSELVES AS ENVIRONMENTAL   campaigns, centres can inspire their tenants and
 are still willing to spend more on products   COLLABORATORS, SETTING DOWN   visitors alike.
 and in stores and shopping centres that reflect   THE BUILDING BLOCKS FOR   Retailers  are increasingly  looking  for
 their sustainable values. In fact, a recent study   GENERATIONS TO COME.”  commercial space that matches their own
 by PwC showed that consumers are willing   Simon Layton,  sustainable goals. It is inevitable then, that
 to spend 9.7 per cent more on sustainably   Centre Director, Trafford Centre  shopping centres with green credentials are
 produced or sourced products.  winning in the race to attract the most desirable
 Sustainability  has certainly  become  a   tenants, which obviously has mutual benefits.
 buzzword in the retail industry, with many   The brand’s pioneering ESG programme,   Environmental consciousness is  at the
 brands and shopping centres using it as a   called ‘For Our Future’, has seen the centre   forefront of everybody’s minds and shopping
 selling point. However, despite the widespread   reduce the direct greenhouse gas emissions of   centres need to align with global sustainable
 discussion, few are truly taking meaningful   the spaces it controls and aims to achieve Net   goals. The concept of ESG is becoming a ‘must-
 action or putting concrete measures into place.  Zero Carbon in Scope 1 and Scope 2 emissions   have’ rather than a ‘nice-to-have’. In fact it has
 Shopping  centres  must  integrate  by 2030. Added to that, Trafford Centre has   become a matter of corporate responsibility.
 Environmental, Social and Governance (ESG)   just been awarded a Gold ModeScore rating for   Investors and consumers are placing growing
 plans  into  every  facet  of  their  operations,   its commitment to accessible and sustainable   pressure on  businesses to  adopt eco-friendly
 from management practices to daily functions.   travel for all who visit and work at the centre,   practices across the board.
 Consumers are not only seeking quality   which is an industry first for such a large-scale   By embracing change and the challenges
 products and services, but also want to engage   retail destination.  associated with change, shopping centres
 with businesses that align with their values. By   Shopping centres need to collectively   can redefine themselves as environmental
 prioritising sustainability, social responsibility   set  the  bar  high  by  integrating  cutting-edge   collaborators, setting down the building blocks
 and ethical governance, shopping centres can   technologies to reduce greenhouse gas   for generations to come.


 34 RETAIL & LEISURE INTERNATIONAL MARCH 2025
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