We just hit 410 ppm of CO2. Welcome to a whole new world.
That’s as much as Germany’s yearly emissions.
It’s hardly the first example of a business charging ahead on climate change mitigation while governments dither. Pretty much every giant corporation has made a commitment to reduce its emissions: food titan Unilever, everything maker General Electric, and IKEA (where you get your OMLOPPs), and on and on.
But what Walmart does matters. The company is such a behemoth that its policy changes trigger transformation around the globe. Walmart is the 10th largest economic entity in the world, after Canada, so this effort, dubbed “Project Gigaton,” is akin to every Canadian signing on to a strict sustainability plan.
Most of Walmart’s environmental footprint comes from other businesses extracting raw materials to manufacture Walmart’s products. So it will be pushing its suppliers to clean up their act, aiming to slash a gigaton of greenhouse gas emissions from its supply chain.
The Environmental Defense Fund has been working with Walmart to cut its emissions for years, and so there’s a track record here. In 2010, Walmart pledged to cut 28 million metric tons (like removing 6 million cars from the road), then surpassed that goal in five years. Now, they’re aiming to meet a goal 35 times larger, by 2030.
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