, APAC

Brands need to do more than reduce their carbon footprint

They should communicate their initiatives to consumers in a way that will resonate with them.

Research firm Mintel said brands should shift from traditional strategies of focusing on zero-rum sustainability efforts and implement innovations and tangible solutions to climate change as consumers deal with the climate crisis.

In a report, Mintel said consumers recognise that a passive approach to the climate crisis will be insufficient in dealing with climate change-related concerns.

“By highlighting forward-thinking approaches, brands can reframe climate messaging from merely reducing their carbon footprint to actively regenerating and giving back to the world, making the situation less overwhelming and more appealing to consumers,” Mintel said.

ALSO READ: H&M South Asia weaves sustainability, affordability into the fashion scene

“This is increasingly relevant as mistrust of brands’ environmental initiatives is growing, pushing them to openly communicate their practices and demonstrate measurable impact. And above all else, consumers are fully aware that doing nothing is not an option,” it added.

As consumers want brands to hold themselves accountable to their own sustainability goals, companies should communicate their efforts authentically to resonate with consumers instead of leveraging the catch-all “green” terminologies such as environmentally friendly.

For example, Nespresso partnered with small organic farmers in Taiwan to supply them with coffee grounds to enrich their soil. South Korea’s Ministry of Environment also recognised Starbucks Korea’s coffee grounds as a resource that could be recycled.

“Climate inaction will be a costly choice for companies and brands, especially as the effects of the climate crisis become increasingly visible in everyday life,” Mintel said.

“Trust and reassurance will add a new layer to ESG (environmental, social, and corporate governance) initiatives as brands adopt climate adaptability as a core tenet of their business practices,” it added.

 

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hydration products gain traction in APAC
It was driven by increased awareness of health concerns like global warming and modern lifestyles.
Ingka Group unveils strengthened climate targets
It focuses on reducing GHG emissions, carbon removal and storage, and contributions beyond the value chain.
How can retailers improve customer value and operations
Businesses must adopt a unified commerce strategy to meet consumer demand for seamless transactions driven by technology.

Exclusives

AI prompts fearless dive into corporate reinvention
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Indonesia’s future of retail lies in a blended approach
Industry leaders discuss the innovative strategies to meet evolving consumer needs at Retail Asia Forum 2024