Fireside Chat: How Can Retailers Merge Sustainability & Philanthropy To Make a Bigger Impact?
The moderator will ask some of the following questions as well as asking the audience to offer some questions of their own:
- Retailers are under increasing pressure to improve sustainability practices. How can donating surplus stock to charities like Newlife contribute to both sustainability goals and social impact?
- Many retailers already have corporate social responsibility (CSR) initiatives. How can they integrate stock donations into their existing sustainability strategies?
- How can industry-wide collaboration between retailers, charities, and policymakers drive a more systematic change in this space?
- How do you see the role of charities like Newlife evolving in the future of retail sustainability?
- Would you like to see more retailers embracing this model, and if so, how can the industry collaborate to make it more widespread?
- Can you start by telling us what led you to partner with Newlife and the main motivation behind donating surplus stock to a charity rather than choosing other disposal methods, such as discounting or recycling?
- Apart from Newlife, are there other Asda success stories that showcase the tangible impact of this model for both retailers and the communities they support?
- What role does consumer perception play?
- Beyond reducing waste, how has this partnership supported your broader corporate social responsibility (CSR) strategy?
- How do you see the future of sustainable stock management evolving in the retail industry?