Central Retail is aware of the severity and impact of climate change caused by its business operations, which affects a wide range of stakeholders, especially the impact on trading partners along the value chain. Central Retail, therefore, prepares and adapts to comply with policies, laws, regulations and various agreements in mitigating the effects of global warming and natural disasters, both directly and indirectly.
Central Retail focuses on business operations to reduce greenhouse gas emissions throughout the supply chain and intends to achieve net zero greenhouse gas emissions by 2050 by focusing on energy efficiency, coupled with increasing the use of renewable energy. Central Retail has created a database of the Company’s greenhouse gas emissions in order to continuously monitor the performance and comply with ISO 14064-1 international standards and the GHG protocol.
Reducing Greenhouse Gas Emissions
Central Retail operates energy management, from energy efficiency, to use of energy-saving technologies, as well as support alternative energy and clean energy to reduce the amount of greenhouse gas emissions of the organization. Central Retail also carries out various projects to promote the reduction of greenhouse gas emissions throughout the supply chain.
Greenhouse Gas Emissions
Greenhouse Gas Emissions in 2022
Climate-related Financial Disclosures
Central Retail has conducted a climate change Risk assessment in accordance with the Task Force on Climate related Financial Disclosures (TCFD) framework, which includes physical risk and transition risk assessments. The results of the assessments are applied to corporate Risk management to develop strategies to adapt and cope with those impacts, such as creating emergency plans to deal with flooding and heat waves for each Central department store, especially in high-risk areas.
Restoring Forests and Increasing Green Areas
Central Retail cooperates with partner organizations. Central Retail focuses on restoring ecosystems with communities in each area by promoting sustainable agriculture. In addition to the community benefiting from the knowledge of sustainable agriculture, factors of production, processing, marketing and adding value to agricultural products, Central Retail has also built a positive relationship with the community through this process.
3 types of forest-based integrated agriculture, 4 benefits
Restored Forest and Expanded Green Area in 2022
|Restored forest and expanded green area