Source: Walmart Sustainability Hub
By: Elizabeth Sturcken, Managing Director, EDF+Business Supply Chain, Environmental Defense Fund and Sheila Bonini, Senior Vice President, Private Sector Engagement, WWF – World Wildlife Fund
Imagine, for a moment, what it would mean if the world’s biggest brands couldn’t access the key ingredients for their products. What if Starbucks had trouble sourcing coffee? What if Coca-Cola couldn’t access water? As the predicted effects of a changing climate such as droughts and rising temperatures become a reality, these “what if” questions raise serious concerns for global supply chains.
Such issues were foundational for last week’s Walmart Milestone sustainability summit at the company’s headquarters in Bentonville, Arkansas. Our two NGOs work with Walmart as it pushes to fulfill its ambitious climate commitments.
One of those is Project Gigaton, which in its two-year lifespan has avoided 93 million metric tons of emissions toward the one billion ton goal. It may be the company’s most ambitious sustainability initiative, and we — along with dozens of other advocacy groups — have taken a keen interest in this initiative.
Right now, retailers are making many of the decisions that will determine what products will be on their shelves next year. One decision is whether to stop stocking inefficient lighting products in favor of more energy-efficient ones – such as LEDs – saving consumers money and cutting greenhouse gas emissions.
This is the first blog in a series evaluating the challenges associated with single-use food packaging waste.
This week Walmart joined a growing number of companies that are trying to advance the circular economy for packaging. Like previous commitments from Nestle, Coca-Cola and McDonald’s, Walmart is stepping up its efforts to use more recyclable packaging, incorporate more recycled content, and accelerate development of collection and recycling infrastructures. EDF has a long history fighting for greater and smarter plastics recycling, so we are pleased to see more companies working to eliminate plastic packaging waste from our environment. However, something is often missing from their statements: commitments for safer packaging free of toxic chemicals.
Amidst rising deforestation rates, many companies have committed to eliminating deforestation from key commodity supply chains. As of June 2018, 473 companies globally committed to curbing deforestation in supply chains linked to palm oil, soy, timber and pulp, and cattle.
Many of these companies have set 2020 goals, and are doubling down efforts to meet these goals as the deadline fast approaches. Companies now find themselves in a position in which they know where they want to go, but do not always know how to get there.
Identifying deforestation risks in supply chains by using monitoring and traceability tools is one key step to achieving corporate goals related to fighting deforestation. Being able to monitor full supply chains, from the production of raw materials to retail or consumption, will enable companies to locate and address deforestation risks. Read more
There’s a new way to approach energy risks that should interest business leaders who navigate today’s changing economy.
Is your corporate risk management strategy considering these three realities, and how to respond? Read more
Taken on Nov. 19, 2018 from my San Francisco apartment rooftop
I have helped Walmart, Starbucks and other companies get started with sustainability. I can help you too, using all the lessons I’ve learned from them.
I don’t want to sound like just another environmentalist waving my hands, jumping up and down that we need to act to reverse climate change NOW. The truth is simply this: I know it can be done, sustainability targets create business value and companies stand to lose big financially if they don’t act.
Business leaders can no longer afford to look the other way on climate change. The recent National Climate Assessment revealed that regional economies and industries dependent on natural resources are increasingly vulnerable to the impacts of climate change – as are energy systems. Warmer climates will increasingly disrupt international trade, prices, and supply chains, and costs could reach hundreds of billion dollars per year by the end of the century. Climate change doesn’t just threaten ecological balance, it threatens corporate balance sheets.
In light of these findings I’m encouraged by a recent survey of corporate leaders, 82 percent of whom said companies need to advocate for or take a stand on environmental, social and governance issues and that “climate and environment” was one of the three highest priorities for their organizations.
Knowing that a company should take action, however, is a long way from actually taking action on climate. While there are a growing number of cases where leading companies and major investors are ahead of the federal government on climate action, it’s simply not enough, and many more U.S. businesses need to step up.
The role that CEOs and companies play in global governance is changing. Leaders and laggards, winners and losers, will all be defined by how they respond to climate change. The leaders will surface based on their ability to take these four critical steps. Read more
The Mind the Store campaign recently released their third annual Who’s Minding the Store? report, which ranks retailer action on the removal of toxic chemicals from products. Many of this year’s top performing retailers are familiar. Apple, Walmart, Target, and CVS, all in the top 10, are companies that EDF considers to be safer chemicals leaders. Importantly, several retailers received much improved scores – Amazon, Walgreens, and Rite-Aid are the most improved retailers compared to 2016. We’ve previously blogged on Amazon and Rite-Aid’s new chemicals policies (see here and here, respectively). Walgreens is the newest face in this crowd, releasing its chemicals policy earlier this month. With more and more retailers making commitments, the market demand for safer chemistry in products is now undeniable.
Retail demand for safer products is not only here to stay – it’s now a source of competition in the evolving marketplace. Amazon is the latest retailer to join Walmart, Target, CVS Health, Home Depot, and Rite-Aid by publishing a chemicals policy and a public Restricted Substances List. Amazon and several of the above-mentioned retailers represent half of the top ten retailers in the US. Amazon’s new policy is a big deal: not only is Amazon the third largest retailer by sales in the US, it is the first primarily ecommerce retailer to create a chemicals policy. Ecommerce represents a challenge in terms of implementing such a policy, but as shoppers increasingly turn to online retailers for many of their purchasing needs, this also presents a major opportunity to increase the availability of safer products.
Oh what a week it has been!
Trying to turn away from the political polarization and fracturing civility in this country, I looked elsewhere in the news and found something even worse…dire warnings for our planet.
Two reports in the news this week ring the alarm bell on climate change. The first report is from the Intergovernmental Panel on Climate Change (IPCC), written and edited by 91 scientists from 40 countries. As the New York Times reports, it “describes a world of worsening food shortages and wildfires, and a mass die-off of coral reefs as soon as 2040 — a period well within the lifetime of much of the global population.”