Complete a comprehensive evaluation of the environmental impact of the client’s global retail fleet and detailed analysis of potential changes.
Complete a comprehensive evaluation of the environmental impact of the client’s global retail fleet and detailed analysis of potential changes.
For each potential goal, Stok conducted a triple bottom line analysis and ran pro-forma analyses both per-store and portfolio-wide to understand the cost/benefit implications. Stok leveraged Maslow’s Hierarchy of Needs framework to analyze social impacts. Stok also utilized the EPA TRACI framework to compare the diverse environmental impacts calculated for each goal to understand how, for example, a gallon of water saved compared to a kilogram of carbon emissions avoided.
With stakeholder feedback, Stok developed a Sustainability Action Plan (SAP) including strategies and tactics for each of the goals set out in the Framework. The action plan also included implementation and verification strategies that ensure the portfolio meets the established goals.
Stok is currently working on the implementation of the SAP and evaluating all new store projects to ensure their design complies with the plan. Stok updates the design guidelines in an ongoing feedback process based on lessons learned during implementation.
