Wednesday, September 08, 2010
Corporate Social Responsibility News
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Walmart vows to eliminate 20m tonnes of C02 from supply chain
Walmart Stores has unveiled plans eliminate 20 million metric tonnes of greenhouse gas (GHG) emissions from its global supply chain by the end of 2015. It said that this represents one and a half times the company's estimated global carbon footprint growth over the next five years and is the equivalent of taking more than 3.8 million cars off the road for a year.
"Energy efficiency and carbon reduction are central issues in the world today," said Mike Duke, Walmart president and CEO.
"We've been working to make a difference in these areas, both in our own footprint and our supply chain. We know that we have an opportunity to do more and the capacity to do more."
He explained that the footprint of Walmart's global supply chain is "many times larger" than its operational footprint and represents a more impactful opportunity to reduce emissions.
"Reducing carbon in the life cycle of our products will often mean reducing energy use. That will mean greater efficiency and, with the rising cost of energy, lower costs, making our business stronger and more competitive. And, as we help our suppliers reduce their energy use, costs and carbon footprint, we'll be helping our customers do the same thing," Duke added.
Walmart has collaborated with Environmental Defense Fund (EDF) to develop this approach that looks at the supply chain on a global scale. Other external advisers include PricewaterhouseCoopers, ClearCarbon Inc., the Carbon Disclosure Project and the Applied Sustainability Center (ASC) at the University of Arkansas. This team will identify projects, quantify reductions, engage suppliers and ensure proper procedures are followed for each GHG reduction claim.
"Today the world's largest company begins a global race for carbon pollution cuts," said Fred Krupp, president of Environmental Defense Fund. "
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