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Courtesy of Walmart

16

Walmart

WMT

U.S.

The world’s largest company by revenue does not want to be a top source of greenhouse gas emissions. Walmart was already working to reduce emissions from its own operations; last year, the mega-retailer launched Project Gigaton, which aims to help its suppliers do the same. The goal: Helping suppliers avoid 1 billion tons of emissions by 2030, by using more renewable energy and more recycled content in packaging. By the end of 2017, Walmart said it had diverted about 78% of waste from its facilities that would have gone to landfills, thanks to recycling and other measures.

In a separate sustainability effort, Walmart is also moving to cut waste in its grocery business—a significant move from a company that has become the largest grocer in the U.S. Such efforts don’t just protect the environment; they also protect Walmart’s operating margins.

CORRECTION: This article has been updated to more accurately describe the activity covered by Project Gigaton.

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Impact Segment

Environmental Impact

Sector

Retailing

Industry

General Merchandisers

CEO

C. Douglas McMillon

Employees

2,300,000

Company Type

Public

Revenues ($M) (Last Fiscal Year)

$500,343

Profits ($M) (Last Fiscal Year)

$9,862

Market Value ($M)

$265,337