That’s the equivalent of taking more than 3.8 million cars off the road for a year, the company said, and it represents one and a half times the company’s estimated global carbon footprint over the next five years.
“Energy efficiency and carbon reduction are central issues in the world today,” said Mike Duke, president and chief executive officer. “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.”
The program will have three main components: the selection of the product categories that have the highest embedded carbon; reducing greenhouse gases from any part of the products’ life cycle, from the sourcing of raw materials to end-of-life disposal; and the accountability from both suppliers and Walmart for these reductions. Walmart works with more than 100,000 suppliers worldwide, Duke said.
Walmart collaborated with the Environmental Defense Fund and other external advisors to develop this approach.