At today's Net Impact Conference, Walmart president and CEO Doug McMillon will outline a roadmap that will guide the company's role in society on critical issues over the next several years, pointing to a "new era of trust and transparency." The roadmap adds fresh detail to Walmart's sustainability agenda and contains new commitments that reflect a wider recognition of the company's impact on communities and the planet. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161104005437/en/
(Photo: Business Wire)Among other things, Walmart is doubling sales of locally grown produce in the U.S.; expanding and enhancing sustainable sourcing to cover 20 key commodities, including bananas, coffee and tea; and implementing a new plan designed to achieve science-based targets for reducing greenhouse gas emissions. Walmart is the first retailer with an emissions-reduction plan approved by the Science Based Targets Initiative, in alignment with the Paris Climate Agreement in December 2015. Under the approved plan, Walmart will use a combination of energy-efficiency measures, together with a commitment to source half of the company's energy needs from renewable sources, to achieve an 18 percent emissions reduction in its own operations by 2025. Additionally, Walmart will work with suppliers to reduce emissions by 1 Gigaton by 2030, equivalent to taking more than 211 million passenger vehicles off of U.S. roads and highways for a year. In his remarks, McMillon will also discuss company programs that will train hundreds of thousands of U.S. associates by the end of next year, providing them with skills needed to move from entry-level positions to jobs with more responsibility and higher pay, along with a new pledge to take a leadership role in promoting ethical recruitment and treatment of workers in the global retail supply chain.