Much has been written about Walmart’s core sustainability programs. Project Gigaton — Ambitions to reduce or avoid 1 billion metric tons of greenhouse gases. It’s now five years since the retail giant has claimed it in the past. ESG Report Fiscal Year 2022 is half way achieve the goal by avoiding 574 million metric tons by engaging more than 4,500 suppliers.
In 2020 and 2021, Walmart avoided or reduced its carbon emissions by 230 million metric tons and 416 metric tons since 2017, before reaching a cumulative 574 million this year. and 4,500 suppliers account for 70% of Walmart’s product sales in the US.
Jane Ewing, senior vice president of sustainability at Walmart, said: “A lot. And we know we need to do more. “But it gives us confidence that we are delivering on that promise.”
One gigatonne of greenhouse gases accounted for 30 percent of Walmart’s Scope 3 footprint, in line with the Paris Agreement’s plans to provide 1.5 degrees Celsius heating.
Reaching the midpoint of the 13-year commitment and the next eight years. quite a success But it begs the question: Walmart grabs all the hanging fruit. Reduce or avoid the simplest emissions and selecting suppliers that are the most engaged, making the next 50 percent a much more difficult task?
We want to make sure we have access to democracy for all. We require all suppliers to join the journey.
According to Zach Freeze, Walmart’s senior director of sustainability initiatives, Project Gigaton has already brought in some of its largest suppliers. The company knows that the next 50% of its goals are not from registering thousands of new suppliers.
“We keep adding more and more suppliers here and there,” he said. But that still doesn’t mean it’s not worth pursuing. We want to make sure we reach democracy for all. We want all suppliers to go together.
“We know there are suppliers that are not involved. and with our purchasing partners [we can] Have a proper conversation with them and encourage them to participate.”
But most of the focus for Walmart is on driving initiatives and projects. to further reduce within the participating companies.
Part of the change, Ewing said, is the newly added pillars — Nature, Transportation and People — to Walmart’s sustainability and ESG core principles. The company is trying to highlight new tools to educate suppliers. And continuing to make progress along the sustainability path, Freeze believes most of the reduction opportunities lie in food transportation, packaging, waste and refrigeration. to avoid and reduce the last 426 million tons