We’re excited about all the ways we’re able to use technology to power experiences for our customers, members and associates as we serve our purpose of helping people save money and live better. That starts with helping people save money on quality merchandise. At the same time, we recognize that helping people live better goes beyond saving time and money. And that includes using the strength of our business and scale to create shared value for people, communities and the planet.
We’ve been on a journey to reduce the impact of our operations on the environment since 2005 – and made tremendous progress toward our goals, including powering 47% of our operations with renewable energy as of CY2022. As our business grows and changes, however, the need for power that is affordable, reliable and emissions free continues to grow and become more urgent. Not just for ourselves, but for our associates and customers as well.
Enabling access to affordable and reliable clean energy
To start, we’re accelerating our progress toward our renewable energy goals by expanding our portfolio of off-site clean energy investments, focused on high impact, high quality projects. At our facilities, we aim to add one gigawatt of new clean energy on-site, such as solar and storage, by the end of 2030, supplementing our current 600+ on- and off-site renewable energy projects in operation or under development in over 10 countries.
At the same time, we are working to make clean energy accessible and more affordable for our customers and members – in line with our purpose. “The role we play in our communities provides us with a tremendous opportunity to help people transition to clean energy in a way that also helps them save money and live better,” said Vishal Kapadia, senior vice president, Energy Transformation for Walmart.
One of the ways we’re working to achieve this is to unlock up to two gigawatts of new community solar projects around the U.S. These projects will not only help drive more clean energy into the grid, but they will also help communities across the country save money on their electricity bills.
By the end of 2030, our aim is to advance our transition as a society toward emissions free energy by enabling up to 10 gigawatts of new clean energy projects into service on- and off-site – the equivalent of the annual power consumption of more than 2 million households.
Expanding access to reliable EV charging
We’re also working to roll out a reliable and affordable fast-charging electric vehicle (EV) charging network across thousands of our stores and clubs in the U.S. These chargers, owned and operated by Walmart using partner technology, will be convenient, reliable and affordable. They will provide the same experience our customers have come to expect from us: integrated into our digital app, easily accessible in our store and club parking lots and convenient to use. We expect to start rolling these out this year.
An energy system that works for all
As we decarbonize our operations, we will aim to deliver affordable, reliable, clean energy solutions for our customers, members and communities. And by doing so, we can help build an energy system that benefits everyone.