Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Fit for 55 – retail and wholesale in the vanguard of promoting sustainability

    Fit for 55 – retail and wholesale in the vanguard of promoting sustainability

    npsnps14 July 2021Updated:16 July 2024
    — Filed under: Focus
    Share
    Facebook Twitter LinkedIn Pinterest Email

    — last modified 14 July 2021

    Retailers and wholesalers across Europe are already working hard to contribute to reducing greenhouse gas emissions. Speaking today, EuroCommerce Director-General Christian Verschueren said:

    “Our sector has been active for many years in seeking to reduce its impact on the environment, promoting sustainability in its supply chain, its own operations, and with customers.  We therefore support the Commission’s Fit for 55 package as a concrete set of measures to meet the Green Deal target of a 55% reduction in EU emissions of greenhouse gases by 2030. We share, however, other sectors’ concerns that the carbon border adjustment mechanism should be designed to be compatible with WTO rules and avoid new areas of dispute with trading partners.”

    Retailers and wholesalers have shown that they take sustainability and climate change seriously, setting clear and measurable targets to reduce the impact of their operations and the products they sell. Our companies have also been proactive in setting clear targets for becoming carbon neutral, and in the transition to sustainable transport and increased energy efficiency.  They are installing new refrigeration equipment, charging stations in their supermarket car parks, and using more renewable energy. They are continuously improving the environmental performance and driving eco-design of their products.

    This engagement is also reflected in our signing the EU Code of Conduct on Responsible Food Business and Marketing Practices this month, and our support to companies committing to the EU Green pledge.  Many other initiatives by retailers and wholesalers are highlighted in our #sustainablecommerce website, showing how our sector has been in forefront of making its operations and its purchasing contribute to a sustainable future for Europe.  We see the Fit for 55 package of measures as an important next step in realising that goal.

    That being said, Europe’s supply chains are complex and global, and reducing CO2 emissions should be a global effort.  The Fit for 55 package is important in reinforcing the EU’s leading role in global cooperation to meet the targets of the Paris Agreement. Such cooperation should be the watchword for Europe, and we and a number of other sectors will be seeking reassurance that the design of the carbon border adjustment mechanism (CBAM) and its final application can be seen by our trading partners to be proportionate, fair and compatible with WTO commitments. It must also avoid burdens on EU importers not applied to EU manufacturers. We are keen to work with the Commission to seek to achieve this balance and avoid new areas of dispute in global trade, which is only now starting to recover after the pandemic and from protectionist policies adopted by some of the most important global players.

    EuroCommerce is the principal European organisation representing the retail and wholesale sector. It embraces national associations in 28 countries and 5 million companies, both leading global players such as Carrefour, Ikea, Metro and Tesco, and many small businesses. Retail and wholesale provide a link and essential services to producers and 450 million European consumers and business customers over a billion times a day. It generates 1 in 7 jobs, providing a varied career for 26 million Europeans, many of them young people. It also supports millions of further jobs throughout the supply chain, from small local suppliers to international businesses. EuroCommerce is the recognised European social partner for the retail and wholesale sector.

    EuroCommerce

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Online traders - Photo by AlphaTradeZone on Pexels

    UxoTrade.com and the Nasdaq 100 Momentum in 2026

    Disabled person - Image by svklimkinfrom Pixabay

    Deal on new EU law to protect vulnerable adults

    Fitto - Tzitzikostas - Photo © European Union 2026

    EU pledges one-ticket rail travel for Europe-wide travel

    Drugs - Photo by Myriam Zilles on Unsplash

    EU reaches deal on tackling shortages of essential medicines

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    May currency outlook – Euro currency news

    LATEST EU NEWS
    Disabled person - Image by svklimkinfrom Pixabay

    Deal on new EU law to protect vulnerable adults

    13 May 2026
    Fitto - Tzitzikostas - Photo © European Union 2026

    EU pledges one-ticket rail travel for Europe-wide travel

    13 May 2026
    Drugs - Photo by Myriam Zilles on Unsplash

    EU reaches deal on tackling shortages of essential medicines

    12 May 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    May currency outlook – Euro currency news

    12 May 2026
    Clean drop of water - Image Pexels

    New legislation to strengthen protection of water in the EU enters into force

    11 May 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?