Almost one in five (17%) retailers in Scotland have cancelled contracts with suppliers across the last 12 months which don’t meet ethical and sustainable standards.
Barclays Corporate Banking research showed that the pandemic and an increasing focus on Environment, Sustainability and Governance (ESG) factors are shifting business priorities.
Censuswide surveyed senior executives of 302 UK-based retail businesses in November and December last year, finding that 51% in Scotland say sustainability is more important now than it was two years ago and 49% say the same about ethical standards.
