China Direct

Tesco's green China goals - every little helps

 

[Image courtesy of www.tesco.com]

With the support of China's Ministry of Commerce (MOFCOM), CBI member Tesco recently held its second Retail Sustainable Development Forum in China in Suzhou.

Tesco has set the target of becoming a zero carbon business by 2050. To meet that target, the retailer plans to halve the emissions from its stores by 2020 and in its distribution network by 2012/3. Tesco also aims to work with its suppliers to reduce the emissions in its supply chain by 30% by 2020.

In China, Tesco is actively supporting retailers in their efforts to go green, developing green and low carbon distribution networks, and advocating the concept of green consumption among customers.

As part of its sustainability efforts in the country, Tesco launched its first green logistics centre in China last year. Located in Jiashan in Zhejiang province, the 55,000 square metre facility features an integrated energy-efficient design, which incorporates an extensive range of green technologies that use renewable energy sources and reduce energy and water usage.

Employing over 26,000 people and serving over four million customers per week in China, Tesco currently has 110 hypermarkets across 11 provinces and 14 small trial express stores in Shanghai.

Please click here to read the speech delivered by Lucy Neville-Rolfe, CMG, Executive Director, Corporate and Legal Affairs at Tesco, at Tesco's Retail Sustainable Development Forum in China.  

CBI member success stories April 2012

 

A wide variety of CBI member companies had a successful month in China.

The following our featured in our monthly member update. Please refer to the attachment below for details. And don't forget to let the Beijing team know if your company has something to announce in May!  

• BBC
• Bentley
• Berwin Leighton Paisner (BLP)
• British Allied Trades Federation (BATF)
• Burberry
• The City of London
• Clifford Chance
• The Coca-Cola Company
• Diageo
• Ernst & Young (E&Y)
• Eversheds
• Ford Motor Company
• Freshfields Bruckhaus Deringer
• Fuji Xerox
• Herbert Smith
• Hewlett-Packard (HP)
• HSBC
• IBM
• Jaguar Land Rover (JLR)
• J.P. Morgan
• KPMG
• Marks & Spencer (M&S)
• Pearson
• Penguin
• Pinsent Masons
• Rio Tinto
• Rolls-Royce
• The University of Birmingham
• The University of Edinburgh
• The University of Leeds
• Tesco

Download CBI China, Celebrating CBI member success in China, April 2012

 

 

   

Celebrating UK and international CBI member success in China: Nov 2011

[Image courtesy of www.cbi.org.uk]

Dear China Direct readers, 

Kindly find more than 25 examples of UK and international CBI member companies that are celebrating business success in China in November 2011.

Download CBI China, Celebrating member success in China, November 2011

This will mark the 300th entry since China Direct went live back in June 2009.

Please let the CBI team in Beijing (ben.cooper@cbi.org.uk tel: 00 86 10 85253100) know if your company would like to share your China business news with the CBI's international member network.

Many thanks.

UK Retailer Tesco wins prestigious Green Award in China

 

[Image courtesy of www.tesco.com]

CBI member Tesco recently received the prestigious 'Green Supply Chain Award' from The Global Supply Chain Council in China.

The Global Supply Chain Council praised Tesco for demonstrating strong environmental leadership and a firm commitment to promoting green business in China.

Tesco's new 'green' logistics centre in eastern China's Zhejiang province received particular recognition for having "set and exceeded" its own high standards for environmental friendliness.

Launched in July this year, the 55,000 square metre facility forms an important part of Tesco's commitment to become a zero carbon business by 2050.

For example, the innovative design of Tesco's new logistics centre uses 45% less water and electricity in comparison to a normal warehouse, and carbon emissions have also been reduced by at least 35%.

Commenting on the award, Helen Fleming, Group Climate Change Director at Tesco, said, "We are extremely proud to have won this award in China. As one of the world's leading retailers, we recognise our responsibility to protect the environment and we have made great strides in reducing our emissions in China."

Please click here to read the full press release by Tesco.

CBI Member Success Stories in China (Aug-Sept)

 

 

Kindly find more than 20 member success stories from the past two months below.

If we have missed out your company then please let China Direct know!

Please download the details below:

Download CBI China, Member Success Stories, August & September 2011  

CBI Member Success Stories in China - July 2011

 

 
[Image courtesy of www.cbi.org.uk]

Dear China Direct readers,

Kindly find a wide and varied selection of our members' successes in China for July 2011.

CBI member companies ranging from Alliance Boots to Tesco and Burberry to Fiat all reported growth or increased investment in their China operations for July.

If we have missed off your company then our sincere apologies. We would of course like to hear from you directly so please send any Press Releases or company information to our office via guydd@cbi.org.uk or ben.cooper@cbi.org.uk.

Thank you very much for your continued support of China Direct and the CBI - we look forward to flying your company flag in China soon!  

Download CBI China, Member Success Stories, July 2011

TESCO & GOME in China - plugging into the market?

 

 
[Image courtesy of www.tesco.com.cn]

On Monday, CBI member Tesco and leading Chinese retailer GOME Electrical Appliances signed a strategic cooperation agreement.

The new partnership signals Tesco's strong commitment to continue growing its business in China.

Under the agreement, GOME and its related companies will be able to open electrical appliance stores in Tesco's Lifespace shopping malls. Tesco will in turn benefit from GOME's strong customer base and diversified product lines.

Date for your diary: Shanghai Party Secretary to UK 11-12 April

 

Yu Zhengsheng, Shanghai Party Secretary, will visit the UK from 11-12 April.

While in London, the China-Britain Business Council will host a dinner for Mr. Yu on 11 April. UK retail giant and CBI member Tesco will be a sponsor of the dinner. For further information please read here.

 

Tesco - continuing to grow in China

 
[Image courtesy of www.tesco.com]

Yesterday, CBI member and UK retail giant Tesco announced that it is setting up a joint venture with a consortium of Asian investors to develop three shopping malls in eastern China in the cities of Shenyang, Xiamen and Fuzhou.

The Industrial and Commercial Bank of China (ICBC) and fellow CBI member Standard Chartered will be among the banks that provide loans to the project.

The project is valued at approximately £170 million ($275 million).

Tesco currently operates 4 Lifespace malls and 93 hypermarkets in the country.

Please read more here.

China Direct would like to thank CBI colleague Richard White (richard.white@cbi.org.uk) for kindly providing this information.

Tesco's ambitious plans for 2011 - every little helps.

 

 
[Image courtesy of www.markgorman.wordpress.com]

UK retail giant and CBI member Tesco plans to quadruple its revenue in China to approximately £4 billion ($6.34 billion) over the next five years by doubling the number of hypermarkets it has in the country to over 200 and opening 50 new Lifespace malls.

The dramatic expansion will see the number of Chinese customers visiting Tesco stores triple to approximately 12 million per week.

Tesco has also begun refurbishing its stores in China in an effort to enhance the shopping experience for Chinese customers. The company has already refitted six stores in Shanghai and aims to expand its refitting programme to cover its stores across the country.

According to Gordon Reid, president of Tesco East China Region, "We have put a lot of money and effort into the stores as we are moving close to an international standard. And we are very confident it will bring more customers and more sales."

Tesco China also plans to launch its first low-energy distribution centre in the coastal province of Zhejiang in March next year.

The 237,000 square metre green distribution centre will supply groceries for eastern China and other Tesco-brand products across the country.

The potential of the Chinese retail market is enormous, with grocery sales projected to reach £600 billion this year and 1,200 supermarkets and hypermarkets expected to open by 2014.

Many foreign retailers are actively positioning themselves to benefit from the country's surging growth as their home markets remain comparatively stagnant.

For more information please read here, here and here.

China Direct would like to thank CBI Beijing policy analyst, Ben Cooper, for this contribution.