Walmart commits to sourcing half of its power needs from renewables and reducing vertically integrated carbon emissions 1 gigaton by 2025
Written By: Stratton Report
November 4, 2016
On November 4, Walmart announced that president and CEO Doug McMillon outlined a roadmap that will guide the company’s role in society on critical issues over the next several years, adding fresh detail to Walmart’s sustainability including a new plan designed to reduce greenhouse gas emissions.
Walmart emphasized that it is the first retailer with an emissions-reduction plan approved by the Science Based Targets Initiative. The firm intends to use a combination of energy-efficiency measures as well as source half of the company’s energy needs from renewables, to achieve an 18 percent emissions reduction in its own operations by 2025. In 2015, according to the retailer, 25 percent of the firm’s operations were powered by renewable energy.
Walmart will work with suppliers to reduce emissions by 1 gigaton by 2030.
“We want to make sure Walmart is a company that our associates and customers are proud of – and that we are always doing right by them and by the communities they live in. That’s really what these commitments are about. And that’s why we’re so passionate about them.”