• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
ConferencesImpact Initiative

How Walmart plans on reducing a gigaton of emissions by 2030

By
Danielle Bernabe
Danielle Bernabe
Down Arrow Button Icon
By
Danielle Bernabe
Danielle Bernabe
Down Arrow Button Icon
November 30, 2022, 3:05 PM ET
Kathleen McLaughlin, executive vice president and chief sustainability officer at Walmart, speaks at Fortune's Impact Initiative summit in Atlanta, Ga. on Nov. 30, 2022.
Kathleen McLaughlin, executive vice president and chief sustainability officer at Walmart, speaks at Fortune's Impact Initiative summit in Atlanta, Ga. on Nov. 30, 2022.Erik Meadows for Fortune

Most emissions within the retail sector come from product supply chains rather than stores and distribution centers. In that case, Walmart locations aren’t directly making a massive impact.

However, to mitigate its role as the largest retailer in the world, Walmart launched Project Gigaton to reduce or avoid one billion, or a gigaton, of metric tons of greenhouse gas emissions from its product supply chains by 2030.

This ambitious goal engages its suppliers in climate action that aligns with the Paris Agreement’s original 2-degree Celsius warming scenario. If achieved, the reduction would represent a substantial decrease of Scope 3 emissions within Walmart’s and its suppliers’ value chains across six critical areas: energy use, agriculture and forests, waste, packaging, transportation, and product use and design. The project aligns with the company’s vision to become more regenerative.

“That means regenerating the resources we rely on for our business to operate our business. And that’s people and planet,” said Kathleen McLaughlin, executive vice president and chief sustainability officer of Walmart, while speaking Fortune‘s Impact Initiative summit in Atlanta on Wednesday. “So, how do we replenish, restore, renew? That means elevating people and the resources we use as a retailer for the products we make, source, and supply to our customers.”

In 2016, Walmart was working on energy efficiency and renewable energy with Environmental Defense Fund, World Wildlife Fund, and CDP. The company struggled to precisely pinpoint its impact beyond its own operations, but realized as a retailer, the toll was huge. They then aimed to involve its suppliers by creating practical, feasible, and compelling action items to decarbonize the most concentrated emission sources in its supply chains.

So, depending on the supplier’s category, different action items would be identified within the six critical areas. “They could take energy efficiency in a factory by converting to renewable energy, reducing food waste upstream with farmers, changing packaging, reducing packaging, designing laundry detergent to be used with cold water instead of hot water,” she said, highlighting Proctor & Gamble’s innovation on the latter. They provided suppliers with “calculators” to translate such practical actions into emissions impact. Often suppliers found that emissions reduction produced cost savings or other sources of value for their businesses.

Providing an outline became a huge intervention because it allowed small suppliers as well as big ones to swiftly act. “We wanted to democratize climate action, drive innovation, get emissions down to zero across all categories, but focus the action where it matters and make it really easy for people to do,” McLaughlin noted. Walmart then created workshops to educate and support these companies to build business cases for change.

Joining Project Gigaton isn’t a requirement for suppliers, but 4,500 of Walmart’s suppliers currently participate. That’s 70% of its business. Soon, new numbers will be released, which McLaughlin says are even higher.

For organizations wanting to spearhead similar initiatives, McLaughlin encourages them to first identify its core mission then what’s most relevant to the business in regards to ESG: environmental issues, social issues, and governance.

“Start with those and set it up in a way that you have concrete measurable steps early on,” she said emphasizing going back to the core mission, ensuring it aligns with the stakeholders and company values, and knowing that capabilities are in place to make a difference. “You will have the long-term target, yes, we need that. But, what can you do immediately? Start with the things that are creative and do the innovation to expand that aperture and make more and more of an impact over time.”

Of the gigaton by 2030, Walmart is at 57% of its goal. And while it’s on track to achieve a gigaton, Walmart doesn’t plan on stopping when it hits the target.

Our new weekly Impact Report newsletter will examine how ESG news and trends are shaping the roles and responsibilities of today's executives—and how they can best navigate those challenges. Subscribe here.

About the Author
By Danielle Bernabe
See full bioRight Arrow Button Icon

Latest from our Conferences

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest from our Conferences

The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
ConferencesBrainstorm Tech
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
By Nick LichtenbergJune 11, 2026
1 day ago
Sarah Franklin, Chief Executive Officer of Lattice, and Francine Katsoudas, EVP and Chief People, Policy and Purpose Officer at Cisco, speak at Fortune's COO Summit with Kristin Stoller, Editorial Director at Fortune.
NewslettersFortune Workplace Innovation
AI disruption arrived 6 years early—now executives are drawing the line
By Kristin StollerJune 8, 2026
5 days ago
Fortune Brainstorm Tech 2026 livestream
ConferencesBrainstorm Tech
Fortune Brainstorm Tech 2026 livestream
By Fortune EditorsJune 8, 2026
5 days ago
dw
ConferencesCOO Summit
This CEO has had 6 major jobs in Silicon Valley: How Dennis Woodside built a career on saying yes to hard problems
By Nick LichtenbergJune 3, 2026
9 days ago
dep
ConferencesCOO Summit
‘Will I still matter?’ The ‘Optimism Doctor’ says people can tolerate uncertainty—the AI angst is about something else
By Nick LichtenbergJune 3, 2026
9 days ago
coo
ConferencesCOO Summit
From ‘reinvention exhaustion’ to ‘friction absorption’: the e-commerce elves who make your groceries and clothes appear are worn out
By Nick LichtenbergJune 3, 2026
9 days ago

Most Popular

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
3 days ago
When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
By Jim EdwardsJune 12, 2026
14 hours ago
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
2 days ago
Current price of oil as of June 12, 2026
Personal Finance
Current price of oil as of June 12, 2026
By Joseph HostetlerJune 12, 2026
11 hours ago
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
Success
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoJune 11, 2026
1 day ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.