Wal-Mart Wants Suppliers to Reduce Emissions
Business has always been about supply and demand, and one business in particular is becoming very demanding of their suppliers.
Wal-Mart Stores Inc. wants its suppliers to reduce their greenhouse gas emissions by 20 million metric tons—within the next 5 years. However, don’t think that this giant retailer won’t do their own part in reducing emissions. Currently, they are designing more energy-efficient stores and researching alternative fuels for their trucks. They claim that if their goal is reached, it will be the equivalent of taking 3.8 million cars off the road for a year.
While suppliers don’t necessarily have to reduce their emissions, Wal-Mart plans to work with them on projects that will reduce emissions and cut costs anyway. They’ve already worked with suppliers to reduce packaging, so it only seems reasonable that they’d want to work with suppliers on further environmental efforts.
Wal-Mart has already been working with some of their electronic suppliers to reduce emissions. Now, they are hoping to expand those efforts through more of their store departments, such as cold wash clothing and buying locally grown produce. If you’re wondering what emissions they are working to reduce, the answer is simple: all of them. Whether it’s from manufacturing, transportation, product disposal, or something else, they are trying to reduce all emissions that may occur during a product’s life cycle. How many other major retail giants can claim the same?
Currently, Wal-Mart has over 100,000 suppliers. They also sold more than $400 billion worth of items last year. Needless to say, they are a huge influence to consumers everywhere. Perhaps, by them embracing more environmental practices and selling more eco-friendly products as the years roll by, it may encourage the general public to do the same.
By Heidi Marshall