Coresight Research
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainability
Climate Goals & Targets
Environmental Challenges
- The impending end of third-party cookies, resulting in challenges for retailers in data gathering and incomplete data fragments.
- The financial and environmental implications of the returns process (US retail returns amounted to $816 billion in 2022).
Mitigation Strategies
- Integration of Customer Data Platforms (CDPs) to manage and interpret fragmented customer data.
- Adoption of sustainable reverse logistics platforms to efficiently manage returns while emphasizing environmental sustainability.