Walmart claims significant progress in ESG efforts

Walmart says that it is on track to reduce one billion metric tonnes of emissions from global supply chains by 2030.

The retailer has issued its inaugural Environmental, Social and Governance (ESG) Report, which details its goals, progress and achievements in these areas for fiscal year 2019. “Through ESG initiatives, our goal is not only minimising our own footprint or mitigating risk, but to inspire collective action to help transform the sector for long-term environmental, social and economic sustainability,” says Kathleen McLaughlin, Walmart’s Chief Sustainability Officer.

“We’re engaged in efforts to source responsibly, create economic opportunity for retail associates and people working in supply chains, take action on climate change, and help improve sustainability of the products we sell. We believe business exists to serve society, and that when business engages to be part of the solution not only can we help accelerate progress in the world, we make our business better, too.”