Walmart Passes 2012 Sustainability Index Goal
September 20, 2012
Walmart Live Better Scorecard – its sustainability index that assesses the environmental impacts of its products – is ahead of schedule, executives announced at the company’s fall Global Milestones Meeting.
Walmart has already met its goal to roll out the scorecard to buyers in more than 100 categories, and will add another 100 categories by the end of the year, Andrea Thomas, senior vice president of Walmart sustainability reported in the webcast. Several hundred additional categories will come on board next year, she added. Walmart’s original goal was to have 100 categories completed by the end this year.
The Sustainability Consortium, which is producing the Live Better Scorecard, must complete its assessments before Walmart can set a project completion date.
Ten company executives participated in the one-hour-and-fifteen-minute Milestones Meeting.(Click here to view the video of the fall Milestones Meeting). Other areas of focus discussed included renewable energy and the largest solar array installed to date at any Walmart facility. The 3.3 mega watt system is on top of Walmart’s Buckeye distribution center in Phoenix and features 14,000 solar panels.
The retailer also announced that Walmart Brazil has launched a new proprietary monitoring system of its beef suppliers. Piloted this year, the program is intended to prevent the company from sourcing from suppliers that contribute to deforestation of the Amazon. Beef production accounts for approximately 60 percent of Amazon deforestation, according to Camilla Valverde, Walmart Brazil’s sustainability director.
Valverde said Walmart will have 50 percent of its beef supply chain in Brazil monitored by the end of 2012, 75 percent by the end of 2013 and completion slated for the end of 2014.
- Walmart Highlights Sustainability Index Progress at Milestone Meeting
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- Target and H&M Added to Dow Jones Sustainability Index
- Walmart to Drive Sustainability Deeper into Global Supply Chain
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