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OPINIONS Greening the Retail Experience: How malls can embrace sustainability through various innovative...
Greening the Retail Experience: How malls can embrace sustainability through various innovative initiatives
In today’s business landscape, sustainability has become a necessity rather than a choice. Shopping malls, which operate on a large scale and partner with a diverse range of brands in fashion, food, entertainment, and more, must embrace eco-friendly practices to remain relevant and responsible. As consumers grow increasingly conscious of their environmental impact, it is essential for malls to adopt sustainable or green supply chain management practices to minimize their environmental footprint. A strong commitment to Environmental, Social, and Governance (ESG) principles is essential, with initiatives that actively promote sustainability and contribute to a greener future.
Eco-friendly, recycled, locally sourced materials
One of the most impactful ways to pursue sustainability is by using eco-friendly, recycled, renewable, or locally sourced materials in construction and ongoing infrastructure development. Energy efficiency is another crucial aspect of sustainability. By sourcing energy from renewable resources such as solar, wind, or hydroelectric power, malls can lower their environmental impact and reduce costs. Additionally, optimizing lighting and air conditioning systems by designing spaces to maximize natural light and implementing energy-efficient cooling solutions further enhances sustainability efforts.
Partnering with suppliers who use electric vehicles or other low-emission transportation methods is key to reducing carbon emissions across the supply chain.
Reducing strain on landfills
In metropolitan areas where waste management is a significant challenge, initiatives such as cleaning a waterway are vital in reducing the strain on landfills. To further support sustainability, malls should integrate organic waste composting systems to convert food waste into compost, effectively minimizing landfill usage.
Malls today are embracing eco-friendly flea markets that feature organic, locally grown products like staples, vegetables, and jams, all sustainably produced. These markets encourage consumers to make environmentally conscious choices. Additionally, the inclusion of botanical gardens within malls highlights their commitment to sustainability while providing shoppers with a unique, eco-friendly experience.
Water conservation
Water conservation is another area where malls can make a substantial impact. Malls can install water-saving devices in restrooms and food courts and implement rainwater harvesting systems for landscaping and other non-potable uses, significantly reducing water consumption. Encouraging tenants to adopt sustainable practices can improve a mall’s overall operations.
By adopting these practices, shopping malls can not only reduce their environmental impact but also enhance their reputation and appeal to eco-conscious customers and tenants. Moreover, government bodies increasingly offer rebates and privileges to businesses that implement sustainable practices, making sustainability both an ethical and financially viable choice.
Views of the author are personal and do not necessarily represent the website’s views.
Santush Pandde is the Chief Operating Officer (COO) of Growel’s 101 Mall at Grauer & Weil (India) Limited. With a Diploma in Hotel Management and a PGDBA from Welingkar Institute of Management, he also holds certifications in Sustainable Investing from Harvard Business School and is a Certified Retail Real Estate Professional (CRRP). Under his leadership, Growel’s 101 has thrived, blending innovative retail solutions with community engagement. Known for his dynamic leadership, Santush drives operational efficiency, profitability, and environmental responsibility.