Asda, the UK arm of Wal-Mart Stores, has entered into an agreement to work with sustainability platform 2degrees in a bid to improve sustainability down its supply chain.
The move is part of Asda’s “Sustainability 2.0” strategy and aims to encourage the retailer’s meat, produce and bakery suppliers to improve their water, energy and waste efficiency.
Go deeper with GlobalData
Sustainable business forum 2degrees will host and manage the Asda Sustain & Save Exchange, an online space where suppliers can collaborate to tackle sustainability issues.
“2degrees will provide a managed programme with a private space for collaborative problem-solving and peer-to-peer learning for Asda and its suppliers. The programme will equip them with relevant and valuable ideas and tools through webinars, case studies and forum discussions to help them increase their water, energy and waste efficiencies,” 2degrees founder and CEO Martin Chilcott revealed.
The platform will provide Asda suppliers with a space to explore the potential for shared buying, logistics and category learning, the company said.
Commenting on the news, Premier Foods plc sustainability chief Ian Bowles said that it would allow the food manufacturer to “showcase what Premier is doing on sustainability”, as well as affording the opportunity to “learn from, and potentially tackle with others, things we can’t do alone”.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
