Walmart is building on its long-standing commitment to climate action by raising its ambition to zero emissions by 2040, without the use of carbon offsets, across its global operations

Walmart is building on its long-standing commitment to climate action by raising its ambition to zero emissions by 2040, without the use of carbon offsets, across its global operations

US retail giant Walmart is doubling down on efforts to address the growing climate crisis by targeting zero emissions across the company's global operations by 2040.

The company, which claims to be the world's largest retailer, is building on its long-standing commitment to climate action by raising its ambition to zero emissions within next two decades, without the use of carbon offsets, across its global operations by:

  • Harvesting enough wind, solar and other renewable energy sources to power its facilities with 100% renewable energy by 2035
  • Electrifying and zeroing out emissions from all of its vehicles, including long-haul trucks, by 2040
  • Transitioning to low-impact refrigerants for cooling and electrified equipment for heating in its stores, clubs and data and distribution centres by 2040

"We want to play an important role in transforming the world's supply chains to be regenerative. We face a growing crisis of climate change and nature loss, and we all need to take action with urgency," says Doug McMillon, president and chief executive officer, Walmart Inc. "For 15 years, we have been partnering to do the work and continually raising our sustainability ambitions across climate action, nature, waste and people. The commitments we're making today not only aim to decarbonise Walmart's global operations, they also put us on the path to becoming a regenerative company – one that works to restore, renew and replenish in addition to preserving our planet, and encourages others to do the same."

In addition, Walmart and the Walmart Foundation are committing to help protect, manage or restore at least 50m acres of land and 1m square miles of ocean by 2030 to help combat the loss of nature threatening the planet.

Along with the Walmart Foundation, Walmart aims to protect, manage or restore some of the world's most critical landscapes by:

  • Continuing to support efforts to preserve at least one acre of natural habitat for every acre of land developed by the company in the US
  • Driving the adoption of regenerative agriculture practices, sustainable fisheries management and forest protection and restoration – including an expansion of Walmart's forests policy
  • Investing in and working with suppliers to source from place-based efforts that help preserve natural ecosystems and improve livelihoods

Kathleen McLaughlin, executive vice president and chief sustainability officer for Walmart Inc and president of the Walmart Foundation, adds: "We must all take urgent, sustained action to reverse nature loss and emissions before we reach a tipping point from which we will not recover. People have pushed past the earth's natural limits. Healthy societies, resilient economies and thriving businesses rely on nature. Our vision at Walmart is to help transform food and product supply chains to be regenerative, working in harmony with nature – to protect, restore and sustainably use our natural resources."

Last month, Walmart held its first annual open call for US-manufactured products in an entirely virtual format as it looks to grow its base of locally-manufactured goods.