Monday, April 12, 2010

Walmart Funds Green Supply Chain Research

Guest post by Cheryl Lee

WalMart has teamed with the World Resources Institute by awarding the Institute a grant of $420,000 to better serve the world by providing companies with the accounting tools to measure their supply chain carbon emissions. The president of WRI, Jonathan Lash stated, “Sustainability is becoming a driver of business strategy for smart companies.” Sustainability is a must if a company wants to survive in today’s economy. Some of the grant money provided from WalMart will aid in helping Chinese suppliers become more environmental friendly. WalMart wants to get their 100,000 suppliers on board as well and help them to become more sustainable. WalMart has put together a Sustainability Consortium comprised of universities, NGOs, and government business interests to assist in providing research for future products.

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