BENTONVILLE, Ark., LONDON, HONG KONG, Dec. 8, 2021 — Walmart today raised the bar on climate action by creating a supply chain finance program that not only enables greenhouse gas (GHG) emissions reductions, but for the first time, uses science-based targets to do so in a way that aims for a 1.5-degree Celsius pathway.
Working alongside HSBC and CDP, the program will help Walmart’s private brand suppliers – particularly small and medium-sized businesses – by introducing enhanced standards, tools and capacity building to help them upskill and in turn align their operations with transparent sustainability objectives.
The announcement marks a key next phase in Walmart’s journey to avoid 1 billion metric
