Preservation of Atmosphere
Sustainability Thickness Score
Copyright Walmart, Inc.
Walmart, Inc.
Walmart Inc. launched Project Gigaton in 2017 with the ambitious goal of reducing or avoiding one billion metric tons of greenhouse gases from the global value chain by 2030. It's designed to engage suppliers in climate action across six critical areas: energy use, nature, waste, packaging, transportation, and product use and design. As of February 2024, more than 5,900 suppliers have joined Project Gigaton, making it one of the largest private sector consortiums for climate action
Walmart, Inc. (WMT)
ATTRIBUTES:
Reduction in carbon emissions from global supply chain.
SUSTAINABILITY GOALS:
1. Reduce or avoid 1 gigaton of carbon emissions by from global supply chain by 2030.
2. 50% of electricity by renewable sources by 2025, 100% by 2040.
3. 100% recyclable private brand packaging by 2025.
4. Protect, manage or restore over 50 million acres of land.
SUSTAINABILITY ACTIONS:
1. Reducing carbon emissions from global supply chain.
2. Increasing use of renewable energy for operations.
3. Reducing waste produced from packaging material.
4. Increasing natural habitat.
BENEFIT/COST:
Strongly positive
SCALABLE:
Yes
Thickness Score
Natural Capital Benefits
Sustainability Thickness Score
Thick commitment to increase reliance on renewable sources for electricity. In 2022, 47% of its electricity originated from renewable sources and we expect WMT to achieves its goal of 50% by 2025. Reduced Scope 1 and Scope 2 emissions by 21% since 2015.
7
Thick commitment through Project Gigaton, which aims to reduce or avoid 1 gigaton of CO2 emissions from the global value chain by 2030. MWT has engaged over 5900 suppliers to reduced or avoided 750 million tons as of 2023. 75% of suppliers report reduced or avoided emissions.
8
Thick commitment to preserving and restoring habitat. WMT has restored over 50 million acres of land since 2017. In addition, as of 2023 WMT uses recyclable, reusable or compostable material for 63% of it private-label packaging.
3
Investment Attributes
DIVIDEND YIELD:
1.08%
PRICE/EARNINGS:
32.27
MARKET CAPITALIZATION:
$615 billion
SECTOR:
Energy, Atmosphere, Habitat
Additional Info
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