Retail

Accelerating the net zero agenda in retail.

Retail SectorThe retail industry as we know it is changing. Economic insecurity, unpredictable buying behaviours and environmental concerns are presenting new challenges for the sector to overcome. In this very competitive sector keeping energy overheads down and maximising sustainability is crucial. Additionally, at a time when consumers are in strong support of the environment and tackling climate change, retailers must take positive steps to decarbonise their operations to secure their future.

According to a study from the Carbon Trust, a 20% cut in energy costs can represent the same bottom line benefit as a 5% increase in sales. For retailers, understanding the efficiency of their premises and operations through accurate data ensures low consumption costs, mitigates wastage and overspending impacts on their bottom line.

The British Retail Consortium (BRC) has set targets to decarbonise stores by 2030, deliveries by 2035 and products by 2040, giving retailers a compelling reason to implement a net zero plan. Added pressure comes from supply chains, and their net zero targets for decarbonised logistics operations, and from consumers and employees who are calling for sustainable sourcing for products.

Implementing a good energy management and sustainability strategy is key to achieving these carbon reduction and energy saving goals across a retailer’s portfolio, new premises, and any retail expansion or diversification plans. With our support businesses can reduce their carbon emissions and consumption costs and achieve their sustainability targets helping to improve their green credentials, foster relationships up and down the supply chain and maintain a competitive edge.

Essential benefits for your organisation
How TEAM can help

Whether you operate shops, banks, shopping centres, supermarkets, cinemas or distribution centres, providing the best customer experience is key. However, consumer demand for sustainable and environmental practices is rapidly rising. In such a competitive sector, retailers must be transparent and accountable for their GHG emissions.

We work in partnership with retailers throughout the UK to help them to achieve their energy management and sustainability goals.

We recognise the challenges of managing and analysing large volumes of data, as well as working towards emissions targets, legislative compliance, and critical cost reduction.

Our range of products and services help organisations fulfil their energy management strategies, drive down GHG emissions, and simplify their Scopes 1, 2 and 3 reporting.

We also offer a suite of Tenant Billing solutions, including a fully outsourced service, billing software, and consultancy advice which can be specified as part of your own energy management.

Whatever your energy management objectives may be, you can be assured that we have the skills and expertise to help you achieve them.

Our core products and services include:

Consultancy
Bespoke consultancy services to help you realise your energy and sustainability ambitions. From helping you plan your net zero and carbon reduction strategy, providing advanced GHG reporting suitable for UK regulations, through to energy behaviour training to help your employees help to improve energy efficiency. We also offer energy audits and surveys, and advice around implementing renewable technologies.
 
Tenant Billing
Our fully comprehensive suite of end-to-end tenant billing services can help you from the initial stages of developing your billing methodology, right through to customer management and debt collection. Our consultants will work with you to help you understand and achieve yours and proactively support your customer’s net zero targets through complete overview of consumption.
Outsourced Service. Our Tenant Billing Management Service is designed to support large scale organisations with their commercial and domestic tenant billings needs, relieving you of the time it takes to create and validate bills, collect payment, escalate debt, manage accounts and reporting.
Consultancy Services. Whether you choose to fully outsource your portfolio’s tenant billing or manage it in house, we offer a number of consultancy services to support your organisation’s unique needs.
Software. Sigma Tenant Billing makes it easier for you to apportion utility costs accurately and efficiently between tenants, cost centres or departments delivering transparent accountable billing.
 
Energy Bureau
Our outsourced end-to-end energy management service, to accurately maintain your data and provide precise utility bill validation and cost recovery. Our Bureau team will go the extra mile to identify and resolve those out of the ordinary issues that crop up, such as clocking, over estimations and defending aged claims.
 
Software
Our suite of energy management solutions can support your pathway to net zero carbon emissions, helping you to optimise your energy management and sustainability strategy with a structured, coordinated, and integrated approach.
Sigma enables the efficient monitoring and targeting of your organisation’s energy. The solution acts as a single data repository for your entire energy estate simplifying the complexities of energy management, keeping emissions data in line with your trajectory to net zero.
 
Sigma Energy Viewer enables your colleagues to support the overall energy management strategy through simple, yet powerful dashboards empowering users to monitor, analyse and share energy data from multiple sites across your entire estate.

 

Recommended services for retailers
Tenant BillingEnergy Consultancy
Sigma Energy Management SoftwareEnergy Bureau
Energy Savings Opportunity SchemeStreamlined Energy and Carbon Reporting
Air Conditioning InspectionsCombined Heat and Power Quality AssuranceEnergy Performance Certificates

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