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Tuesday, 13 July 2021 13:54

Walmart unveils project to reduce carbon emissions

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Walmart has unveiled a project to use renewable power for half of its operations by 2025, and to cut its emissions by roughly 18 percent by that timeline, according to its 2020 Environmental, Social & Governance Report.

As per a Reuters report, Walmart and the retailers are undertaking the program in a tie-up with the UN group COP26 High Level Climate Action Champions, as well as the business organization the World Business Council for Sustainable Development. The retailer has also collaborated with the United Nations group, a global business organization, and other major retailers including H&M, Ikea and Kingfisher plc.

The initiative, billed the “Race to Zero Breakthroughs,” aims to cut emissions to curb the rise of global temperatures to within 1.5 degrees, according to the groups.

The retailer has previously emphasized its efforts to target its supply chains, and to nudge suppliers toward reporting their own lowered emissions. In its Project Gigaton campaign, Walmart has outlined a goal of avoiding some 1 billion metric tons of emissions by 2030. More than 2,300 suppliers have joined the effort since it began in 2017, according to Walmart’s website.