As part of Project Gigaton, Walmart is collaborating with Conservation International, Environmental Defense Fund, The Nature Conservancy and World Wildlife Fund to identify jurisdictions with deforestation risk and connect suppliers with guidance on how to best support these multi-stakeholder efforts.
"With this partnership Walmart and Unilever are advancing an innovative new approach to help companies meet their climate goals," said Carter Roberts, President & CEO of World Wildlife Fund-US. "Decoupling supply chains from deforestation would deliver three important benefits – reducing greenhouse gas emissions, securing essential habitat, and restoring species like orangutans and elephants that call Sabah their home. And any success along this front could spur similar collaboration and results for key industries and regions across the world.”
Through this announcement, Unilever and Walmart are further demonstrating their commitment to stop deforestation. Project Gigaton aims to drive industry-wide transformation by bringing together value chain partners and other stakeholders in critical sourcing geographies such as Sabah, Malaysia; North Sumatra, Indonesia; and Mato Grosso, Brazil to achieve sustainable landscapes through the implementation of jurisdictional approaches.
“Simply put, we cannot solve our climate challenges without healthy forests,” said Fred Krupp, President of the Environmental Defense Fund (EDF). “The good news: working solutions are now up and ready to go, pointing the way towards stopping deforestation on the scale of entire landscapes. EDF has long supported the idea that jurisdictional approaches are the critical next wave of corporate forest leadership. We applaud Walmart and Unilever for their leadership, and encourage other companies to join them.”
"The Nature Conservancy applauds Walmart and Unilever for today's announcement,” said Mark Tercek, CEO of The Nature Conservancy. “Avoiding deforestation is one of the most effective and efficient tools available to help slow the effects of climate change. But to do this at scale, we must work together. When corporate leaders work with governments and local communities to source sustainable commodities, it’s a win for people, nature, and the bottom line. Today's commitment is an important step toward a climate-friendly future."
“Forests provide enormous benefits to people, the planet and business and it is clear that governments have a critical role to play in the battle to manage our forests sustainably,” said Dr. M. Sanjayan, CEO of Conservation International. “We applaud Unilever for partnering with government to support transitions to sustainable agriculture at scale. Walmart and Unilever’s efforts to drive sustainable practices on the ground, combined with their global reach, can help spread these good ideas and models around the world.”
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 265 million customers and members visit our more than 11,200 stores under 55 banners in 27 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
Unilever is one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products with sales in over 190 countries and reaching 2.5 billion consumers a day. It has 161,000 employees and generated sales of €53.7 billion in 2017. Over half (57%) of the company’s footprint is in developing and emerging markets. Unilever has more than 400 brands found in homes all over the world, including Persil, Dove, Knorr, Domestos, Hellmann’s, Lipton, Wall’s, PG Tips, Ben & Jerry’s, Magnum and Lynx.
Unilever’s Sustainable Living Plan (USLP) underpins the company’s strategy and commits to:
- Helping more than a billion people take action to improve their health and well-being by 2020.
- Halving the environmental impact of our products by 2030.
- Enhancing the livelihoods of millions of people by 2020.
The USLP creates value by driving growth and trust, eliminating costs and reducing risks. The company’s sustainable living brands are growing 46% faster than the rest of the business and delivered 70% of the company’s growth in 2017.
Unilever was ranked as an industry leader in the 2018 Dow Jones Sustainability Index. In the FTSE4Good Index, it achieved the highest environmental score of 5. It led the list of Global Corporate Sustainability Leaders in the 2017 GlobeScan/SustainAbility annual survey for the seventh year running, and achieved four A ratings across Climate Change, Water, Forests and Supplier Engagement in CDP's 2018 Global Supply Chain report. Unilever has pledged to become carbon positive in its operations by 2030, and to ensure 100% of its plastic packaging is fully reusable, recyclable or compostable by 2025. For more information about Unilever and its brands, please visit www.unilever.com. For more information on the USLP: www.unilever.com/sustainable-living/