During an earnings call with investors on Tuesday, February 20, 2024, Walmart CEO Doug McMillon announced the company has achieved its moonshot Project Gigaton goal to reduce, avoid, or sequester 1 gigaton of emissions from its supply chain six years earlier than expected. That is the equivalent to what Japan emits in a year.
When Walmart launched Project Gigaton in 2017, inviting its 100,000 suppliers worldwide to join them in a sustainability journey, supplier engagement on sustainability had never been done at this scale. But when the world’s largest retailer asks, companies listen.
The power of asking for action from your supply chain
Environmental Defense Fund partnered with Walmart to help set the Project Gigaton goal, review the science, evaluate emissions reductions pathways and look at the data reported by the suppliers, working alongside World Wildlife Fund…
Read the full article originally published at business.edf.org.