Terry Leahy (Chief Executive, Tesco)
December 12, 2007
WAs head of UK’s largest retailer, Leahy announced a groundbreaking disclosure plan under which the company would label each of the more than 70,000 products that it sells with a carbon cost. The intent is to allow consumers to see the carbon costs in the products they buy (as easy as comparing salt and calories). Considering that Leahy is also expanding Tesco to the U.S. (and with Wal-Mart having kicked off the green retailing movement in 2005), a battle of the green giants is looming. Will Tesco bring its labeling scheme with it across the Atlantic?
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