GE to pursue exit from new-build coal power market
Karma Automotive announces first all-electrtic vehicle and new GS Series name

Walmart to electrify fleet by 2040

Walmart will electrify and zero-out emissions from all of its vehicles, including long-haul trucks, by 2040, as part of its current goal to become a “regenerative company”.

Walmart announced it is targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030 to help combat the cascading loss of nature threatening the planet.

Walmart

We want to play an important role in transforming the world’s supply chains to be regenerative. We face a growing crisis of climate change and nature loss and we all need to take action with urgency. For 15 years, we have been partnering to do the work and continually raising our sustainability ambitions across climate action, nature, waste and people. The commitments we’re making today not only aim to decarbonize Walmart’s global operations, they also put us on the path to becoming a regenerative company—one that works to restore, renew and replenish in addition to preserving our planet, and encourages others to do the same.

—Doug McMillon, president and CEO, Walmart, Inc.

Walmart is raising its ambition to zero emissions by 2040, without the use of carbon offsets, across its global operations by:

  • Harvesting enough wind, solar and other renewable energy sources to power its facilities with 100% renewable energy by 2035;

  • Electrifying and zeroing out emissions from all of its vehicles, including long-haul trucks, by 2040; and

  • Transitioning to low-impact refrigerants for cooling and electrified equipment for heating in its stores, clubs, and data and distribution centers by 2040.

We must all take urgent, sustained action to reverse nature loss and emissions before we reach a tipping point from which we will not recover. People have pushed past the earth’s natural limits. Healthy societies, resilient economies and thriving businesses rely on nature. Our vision at Walmart is to help transform food and product supply chains to be regenerative, working in harmony with nature—to protect, restore and sustainably use our natural resources.

—Kathleen McLaughlin, executive vice president and chief sustainability officer for Walmart, Inc. and president of the Walmart Foundation

Recognizing the need to act now, along with the Walmart Foundation, Walmart aims to protect, manage or restore some of the world’s most critical landscapes by:

  • Continuing to support efforts to preserve at least one acre of natural habitat for every acre of land developed by the company in the US;

  • Driving the adoption of regenerative agriculture practices, sustainable fisheries management and forest protection and restoration—including an expansion of Walmart’s forests policy; and

  • Investing in and working with suppliers to source from placed-based efforts that help preserve natural ecosystems and improve livelihoods.

Comments

The comments to this entry are closed.