Separate supplier pilot will focus on energy efficiency in seven product categories
NOTE: The event will be available via webcast at http://www.cdproject.net/
New York, N.Y., Sept. 24, 2007— Wal-Mart Stores, Inc. (NYSE: WMT) today announced a partnership with the Carbon Disclosure Project (CDP) to measure the amount of energy used to create products throughout its supply chain, including the procurement, manufacturing and distribution process. Using this measurement tool, Wal-Mart will initiate a pilot with a group of suppliers to look for new and innovative ways to make the entire process more energy efficient.
“This is an important first step toward reaching our goal of removing non-renewable energy from the products Wal-Mart sells,” said John Fleming, executive vice president and chief merchandising officer, Wal-Mart Stores Division. “This is an opportunity to spur innovation and efficiency throughout our supply chain that will not only help protect the environment but save people money at the same time.”
The pilot will focus on seven product categories to determine the overall environmental impact of products and look for innovative ways to drive energy efficiency. The seven product categories--DVD’s, toothpaste, soap, milk, beer, vacuum cleaners and soda--were identified because they are ordinary products that customers commonly use.
“The partnership between CDP and Wal-Mart is a significant milestone in corporate action to mitigate climate change,” said CDP Chief Executive Paul Dickinson. “By engaging its supply chain in the CDP process, Wal-Mart will encourage its suppliers to measure and manage their greenhouse gas emissions, and ultimately reduce the total carbon footprint of Wal-Mart’s indirect emissions. We look forward to other global corporations following Wal-Mart’s lead and partnering with CDP.”
One supplier, News Corp.’s Twentieth Century Fox Home Entertainment, initiated a supply chain analysis of the carbon impact of the production, manufacture and distribution of its DVDs. More than twenty of Fox’s key suppliers embraced the study by supplying detailed information on their energy use and greenhouse gas emissions. Fox found an eagerness among suppliers to share their emissions, initiate projects to reduce their climate impact and save money. The analysis led to an industry standard for measuring the carbon impact of DVDs and instructed the methodology for other consumer packaged goods.
“We are grateful to our suppliers for their input and participation. This is a learning process and the members of this group are pioneers addressing some of the biggest challenges in the world today,” said Jim Stanway, senior director of Wal-Mart’s Global Supply Chain Initiatives. “With the help of our suppliers, CDP and other partners, we can better understand the impact of energy and our supply chain.”
Today’s announcement is part of Wal-Mart’s Sustainability 360 approach to extend sustainability to products, suppliers, associates, communities and customers.
About Wal-Mart Stores, Inc. (NYSE: WMT)
Wal-Mart Stores, Inc. operates Wal-Mart discount stores, Supercenters, Neighborhood Markets and Sam’s Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The Company’s securities are listed on the New York Stock Exchange under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartfacts.com. Online merchandise sales are available at www.walmart.com.