The CEO of Walmart, Doug McMillion, in a Nov. 4, 2016, press release, promised to usher in a “new era of trust and transparency” for customers and communities,” and outlined a wide-ranging set of plans which includes powering 50% of Walmart’s energy from renewable sources by 2025.
Under the plan, Walmart is to continue on its path to being one of the largest private-sector investors in renewable energy, including solar and wind power.
In 2015, 25 percent of Walmart’s operations were powered by renewable energy, a significant step towards the goal.
Going forward, the company will source half of its energy needs from renewable sources by 2025, as part of a plan designed to achieve science-based targets for reducing greenhouse gas emissions.
Walmart is the first retailer with an emissions-reduction plan approved by the Science Based Targets Initiative, in alignment with the Paris Climate Agreement.
Under the recently approved plan, Walmart will use a combination of energy-efficiency measures, together with expanded use of renewable energy, to reduce emissions in its own operations by 18 percent by 2025.
Additionally, Walmart will work with suppliers to reduce emissions by 1 Gigaton by 2030, equivalent to taking more than 211 million passenger vehicles off of U.S. roads and highways for a year.
The full press release is available at this link.