The UK retail industry could save up to £4.1bn in cumulative energy and carbon costs by reducing its combined energy consumption 25% by 2050, as part of a new initiative from the British Retail Consortium (BRC), reports Edie.net.
25-in-5: Unlocking Energy Efficiency through Smart Regulation was unveiled this week to help retailers make sense of overly confusing policy and regulation preventing retailers from adopting better energy efficiency practises.
“We believe that by simplifying the complex policy landscape the retail industry could realise further energy reductions to deliver an overall reduction in the order of 25% over the next five years,” the BRC said in a statement. “Currently, the complex and inaccessible policy landscape is leading to widespread confusion and disengagement in relation to energy efficiency.”