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BRC calls for retailer collaboration on net zero emissions

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BRC calls for retailer collaboration on net zero emissions



The British Retail Consortium (BRC) is urging retailers to strengthen collaboration across the value chain, particularly on scope 3 emissions from supply chains and customer use, to meet net zero goals.

Its new UK Retail 2025 Net Zero Stocktake report uses improved real-world data to assess industry progress, challenges and priorities on the path to net zero.

Using improved data quality and broader coverage, the report provides a clearer picture of industry emissions. The accompanying survey shows strong progress, with 91 per cent of retailers having established and publicly reported GHG baselines, four in five fleet drivers trained in fuel efficiency programmes, and 90 per cent of new retail buildings using LED lighting.

The British Retail Consortium (BRC) has urged retailers to strengthen collaboration across the value chain to tackle scope 3 emissions from supply chains and customer use.
Its new UK Retail 2025 Net Zero Stocktake report uses improved real-world data to assess progress, barriers and priorities for the retail industry’s transition toward net zero.

Yet with over 93 per cent of retail emissions falling outside of direct control, substantive industry progress depends on joined-up retailer collaboration to influence global suppliers into action, British consumers toward large-scale behaviour change, and UK government into supportive policy. 

The report shows that only a third (30 per cent) of the very biggest suppliers provide GHG emissions data and 70 per cent of products do not have information for consumers on responsible sourcing.

Progress in these areas has been held up by systemic challenges, including policy uncertainty, supply chain complexity, financial pressures, and technological limitations.

The BRC will continue to support retailers to deliver the transformative change needed by convening cross-industry stakeholders, continuing to track annual progress, and shaping policy to unlock investment and drive momentum.

“In 2020, we launched the Climate Action Roadmap to set the ambition for UK retail to reach net zero by 2040. Five years on, we must use the takeaways from this report to drive the industry from collective ambition to a step change in collaborative action. The climate emergency is no longer tomorrow’s problem. It is here today; disrupting supply chains, driving shortages, increasing costs for households – and threatening the long-term stability and resilience of UK retail. Climate change is a very real risk to businesses and the consequences of inaction are simply too big to ignore. We need more radical collaboration between companies to bring down emissions and step up the drive to net zero,” Helen Dickinson, CEO of the BRC, said.

Fibre2Fashion News Desk (RR)



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Higher energy costs to slow India FY27 growth to 6.5%: ICRA

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Higher energy costs to slow India FY27 growth to 6.5%: ICRA



India’s gross domestic product (GDP) growth is expected to moderate to 6.5 per cent in fiscal 2026-27 (FY27) from the projected 7.5 per cent in FY26 owing to the adverse impact of elevated energy prices and concerns around energy availability, according to ICRA Ratings.

While trends in high frequency indicators for January-February 2026 appear favourable, the heightened uncertainty around the duration of the Middle East conflict casts a shadow on the near-term macroeconomic outlook for India amid high import dependency for items like crude oil, natural gas and fertilisers, it noted.

India’s FY27 GDP growth is likely to slow to 6.5 per cent from the projected 7.5 per cent in FY26 owing to the impact of higher energy prices and concerns around energy availability, ICRA Ratings said.
The heightened uncertainty around the duration of the Iran war casts a shadow on the near-term macroeconomic outlook for India.
If the conflict lasts longer, the adverse effects could widen across sectors.

If the conflict lasts for an extended period, the adverse implications of the same could widen across sectors, amid an uptick in input costs and the consequent impact on profitability of the India corporate sector.

Amid the projected uptrend in the consumer price index-based inflation in FY27 with risks tilted to the upside, ICRA Ratings expects an extended pause on the policy rates by the central bank’s monetary policy committee in the fiscal despite the anticipated softening in the GDP growth. However, it expects the Reserve Bank of India to continue to intervene on the liquidity front during FY27.

The available data for January–February FY2026 indicate a positive trend across most non-agricultural indicators, with the year-on-year performance of 12 out of 18 indicators improving compared to the third quarter of FY26, while the remaining six deteriorated.

Fibre2Fashion News Desk (DS)



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Indonesia’s apparel exports at $8.7 bn; 56% shipments to US

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Indonesia’s apparel exports at .7 bn; 56% shipments to US




Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.



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Methanol jumps nearly 150% as oil surge disrupts markets

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Methanol jumps nearly 150% as oil surge disrupts markets




Methanol prices in India have surged nearly 150 per cent from pre-Iran–US tension levels, tracking a sharp rise in crude oil and tightening global energy markets.
Hormuz disruption risks, limited rerouting capacity, rising freight and insurance costs, and constrained imports are fuelling volatility, with prices seen approaching ₹90 per kg.



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