Walmart aiming for no emissions
Walmart Inc. said it’s targeting zero emissions from its global operations by 2040, a small fraction of its total, in the latest climate-focused step amid heightened calls from investors and activists to reduce carbon footprints.
The world’s biggest retailer also plans to secure enough wind, solar and other renewable energy sources to power its facilities with 100 percent green power by 2035, it said in a statement Monday. It previously had said it aims to secure half its power from renewable sources by 2025.
The company also said Monday that it aims to electrify and eliminate emissions from all its vehicles, including long-haul trucks, by 2040. And it plans to manage or restore at least 50 million acres of land and 1 million square miles of ocean by 2030 and to transition to lowimpact refrigerants for cooling and electrified equipment for heating in its stores, clubs, and data and distribution centers by 2040.
Walmart is a member of the We Mean Business Coalition, a group of companies that committed to reducing emissions in line with the goals set out in the 2015 Paris Agreement.
• Morgan Stanley said it plans to eliminate net carbon emissions generated by its financing activities within 30 years. The announcement Monday came two months after the bank said it would start reporting the emissions resulting from its lending and investments. Morgan Stanley said in a statement Monday that it will provide resources, including financing, to support the transition to a low-carbon economy.
• General Mills announced a pledge Monday to reduce absolute greenhouse gas emissions by 30 percent across its full value chain — from farm to fork to landfill — over the next 10 years. The company also committed to a long-term goal to achieve net zero emission levels by 2050 and to reduce food loss and waste by 50 percent in its operations.