This article (by Julie Urlaub) published in TriplePundit discusses the potential cost savings that can arise when grocery stores set and pursue sustainability goals. It also delves into New Seasons Market’s use of Scope 5 and the benefits that New Seasons’ realized as a result:
Grocery stores are the heaviest users of energy of any type of commercial building in North America, and the cost is high. “On average, grocers spend about 1 to 1.5 percent of their revenue on electricity and natural gas. This means the cost of utilities may equal half or more of total profits. A 10 percent reduction in energy cost could increase profits by 5 to 10 percent,” Mike Parks, president of customer innovation at Verisae, Inc. (a provider of enterprise energy), told Retail Leader.