Walmart aims to reduce emissions by 1bn metric tons by 2030
The US-based retail giant, Walmart, has decreased its scope one and two emissions by 6.1% in 2017 in comparison to 2015 as the company gears up to reduce its emissions by 1bn metric tons by 2030, according to Supply Chain Dive.
In its first Environmental, Social & Governance Report released on Wednesday (8 May), supplier participation in the company’s Sustainability Index covers 80% of the goods the company sells in stores.
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With Walmart planning to decrease its scope one and two emissions by 18% compared to 2015 levels by 2025 – the firm believes it is on track to make it happen. It is expected that the fleets will become more fuel-efficient and improve its refrigeration systems and powering 50% of its operations with renewable energy by 2025.
The report said: “Walmart has been reporting on a wide range of ESG topics since 2005. In the coming year, we plan to focus on attracting additional suppliers and broadening the scope of initiatives across programmatic areas.”