Walmart Sets Regenerative Company Goal

The retailer targets zero emissions by 2040 and aims to protect millions of land and ocean acres by 2030.

September 23, 2020

BENTONVILLE, Ark.—Building on more than 15 years of sustainability leadership, Walmart is doubling down on addressing climate change by targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030 to help combat the cascading loss of nature threatening the planet, the company said.

“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,” said Doug McMillon, president and chief executive officer for Walmart Inc., in a press release. “For 15 years, we have been partnering to do the work and continually raising our sustainability ambitions across climate action, nature, waste and people.”

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 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 centers by 2040

“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,” said Kathleen McLaughlin, executive vice president and chief sustainability officer for Walmart Inc. and president of the Walmart Foundation.

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 U.S.
  • Driving the adoption of regenerative agriculture practices, sustainable fisheries management and forest protection and restoration—including expanding Walmart’s forests policy
  • Investing in and working with suppliers to source from place-based efforts that help preserve natural ecosystems and improve livelihoods.