- UK based global supermarket company Tesco has launched Ireland’s first “zero carbon” store. The store will capitalise on new technology to reduce operating costs whilst contributing to an environmentally friendly provision of its services.
- IKEA is adding solar panels to 75% of its US stores, again indicating that industry leaders are responding to uncertain energy markets and the need for environmental practices.
- Within UK Tesco “zero carbon” stores, they are able to transfer energy back on to the
national grid. This adds broader economic benefits due to the feed in tariff that has
been attributed to growth in employment, development of new technology such as
solar roof tiles and energy supply security met through decentralised means.
If managed well then such moves could be followed by wide scale adoption by competitors and even within entirely new sectors as this serves as a template for other industries with large-scale property assets.