Wal-Mart Stores, Inc. and the Clinton Climate Initiative today announced a partnership to help bring environmentally-friendly technologies to cities across the United States and around the world. The two groups will explore ways to use their purchasing resources to lower prices on sustainable technologies such as energy efficient building materials and systems, energy efficient lighting and clean energy products.
“This shows what can be achieved when business, government and the non-profit sector work together on some of the biggest challenges facing the world today,” said Lee Scott, president and CEO of Wal-Mart Stores, Inc. “By combining our resources, we can help drive innovation, create new technology markets and ultimately reduce this country’s dependence on foreign oil.”
As part of the partnership the two organizations will:
- Collaborate regarding the design and discovery of new products and best practices related to environmentally-friendly technologies. This includes working together to develop specifications for new products and test new products.
- Work together to source new products, again sharing specifications as well as suppliers. This also includes going to market at coordinated times in order to maximize purchasing power and drive down costs.
- Designate a representative from each organization to coordinate with Wal-Mart’s building team, the Clinton Climate Initiative and its member cities.
- Continue to seek opportunities for the two organizations to collaborate.
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