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@Walmart
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Climate Love
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Marine Stephan
2 w
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In a report published on April 9, 2024, New Climate and Carbon Market Watch analyzed the climate strategies of 51 major global companies and the integrity of their climate pledges and commitments to reduce their emissions. And the results are worrying... Major companies’ net-zero targets were mostly ambiguous and lacked commitments to reducing emissions. The collective ambition of companies to reduce emissions by 2030 fell far short of the requirements to be aligned with 1.5°C pathways. And here, I am just talking about ambitions, not even actions... Some of these companies (yes I am talking about you: Walmart, Nestlé, JBS, Duke Energy, Toyota, Engie, and others) don't even try to pretend to care about our future and our planet. The report finds that even if all these targets are met (and I underline here the word targets, not action), the median CO2 emission reduction by 2030 will only be 30%, compared to the 48% needed to be aligned with the Paris Agreement. Among the worst performers are Nestlé, Toyota, Engie and... Walmart, whose targets for reductions by 2030 bring down the median commitment of the 51 companies to 30%. I am copying extracts from the report (see pages 126-127 for the full report on Walmart). It is a bit technical but there is one thing to understand from it: Walmart is not doing (nor pledging) enough when it comes to mitigating climate change. "Most of Walmart’s emissions (94% of 2022 emissions) originate from the procurement of goods (upstream scope 3). Walmart has set targets to take responsibility for its operational scope 1 and 2 emissions. However, its strategy for upstream scope 3 emissions, which account for most of the company’s overall climate impact, lacks a clear reduction commitment. Walmart sets no emissions reduction target for scope 3 emissions but rather builds on Project Gigaton, a programme in which Walmart engages with its suppliers to set targets and reduce emissions themselves voluntarily. Walmart does not have a separate target for FLAG emissions." "Since the publication of its scope 1 and 2 SBTi targets in 2016, Walmart has made no progress in target ambition, despite the critical insufficiency of these targets in the context of the climate crisis now many years later." Don't hesitate to read the full report or to search for your favorite (or least favorite) company from one of the five sectors included in the study (Food & Agriculture; Electric Utilities; Fashion Companies; Automotive Manufacturers; Others): https://newclimate.org/sites/default/files/2024-04/NewClimate_CCRM2024.pdf
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I think Walmart should put solar panels on top of your stores because they are big enough to fit solar panels. The solar panels would be significantly discounted since the US government offers Rebates and tax credits for solar panels. Also Walmart would not have to pay electricity bills for its stores anymore and any the power company would pay them for excess electricity generated by their solar panels.
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35 w
I totally agree,Walmart should buy this idea
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35 w
Absolutely agree, let them install solar panels ,this will be even more efficient to them.
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35 w
Yes clean energy is what we need
Kevin
55 w
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Walmart said it will add electric-vehicle charging to thousands of its U.S. stores by 2030, on the belief that EV adoption is reaching a tipping point. The company plans to add the fast-charging stations to Walmart and Sam’s Club stores coast-to-coast, more than quadrupling its current network of roughly 280 locations. The pledge will help address a top problem preventing some consumers from switching to EVs — a lack of reliable charging infrastructure. Electric car sales are rising sharply from a small base. Fully electric vehicles made up 7 percent of new vehicle registrations in the United States in January, compared with 4.1 percent a year earlier, according to S&P Global Mobility. But consumer worries about high prices, sparse charging infrastructure and the risks of road-testing new technology are still obstacles to mainstream acceptance.https://www.washingtonpost.com/us-policy/2023/04/06/walmart-ev-charging/?utm_medium=social&utm_source=twitter&utm_campaign=wp_main
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5 d
Good, but just too late. Should be a next year target.
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55 w
This is really commendable
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55 w
a great idea
Walmart should stop using plastic bags in their stores and should make customers bring reusable bags or buy a 50 cent paper bag instead. Plastic bags create a lot of plastic pollution and making plastic itself is not good for the environment.
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95 w
Hope to see Walmart transition to better alternatives.It'ld create a huge influence to their customers and perhaps influence them to adopt eco friendly options too.
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95 w
The end of plastic bags will start with stores encouraging reusable bags instead of single use bags
Ford Brodeur
96 w
Walmart has become one of the major retail investors to invest into the California start-up, Plenty, which primarily produces its agriculture.... vertically! Vertical farming is a unique solution to address environmental concerns about protecting top-soil and producing more consistent agricultural yields. Major kudos and #ClimateLove💚 to Walmart for seeing Plenty take the sustainable initiative, and rewarding them with the financial means to achieve their sustainable mission! #WeDontHaveTime #FoodSecurity
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95 w
It's good to see big chains such as Walmart investing in vertical farming! It can really have an impact
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95 w
Super interesting thanks for sharing Ford. 😊 I don't know much about the benefits of vertical farming. A bit sceptical but will look into it!
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95 w
I think I need to do a field trip to one of these vertical farms. Maybe DC, where I’m living at the moment, would get one soon 🤞🏻
Patrick Kiash
115 w
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Monkeys are highly intelligent, emotionally developed, and social creatures. They may sound a lot like humans to you because they are, in fact, part of our family tree. But apparently, for some humans, blood is not thicker than water -- coconut water, that is. A recent investigation by PETA discovered that Theppadungporn Coconut Co., manufacturer of Chaokoh coconut water, milk, and other products, is exploiting innocent monkeys, forcing them to harvest coconuts while subjecting them to countless cruelties at their farms. In response to the gut wrenching evidence, Costco did the right thing and immediately stopped carrying Chaokoh products. Let's tell Walmart, a major player with almost 4 times the revenue of Costco, to follow suit! PETA's Asia division dispatched investigators to farms and facilities used by Theppadungporn Coconut Co. in Thailand, and what they saw was so bad that they called for all retailers to drop their products at once. Monkeys "treated like coconut-picking machines" were forced to perform a warped version of their instinctive behaviors over, and over, and over again, climbing trees and harvesting coconuts for hours without any relief or reward. In the wild, monkeys would gather as much food as they and their communities needed. This monotonous, unnatural labor takes a psychological and physical toll on the innocent creatures. https://youtu.be/7knwuaLgUFE Sign below petation to stop walmart. https://www.thepetitionsite.com/takeaction/172/311/532/
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115 w
Sad
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115 w
It's so sad watching this ❗
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115 w
Sad 😢😢
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115 w
Very sad! Cruelty of highest order! And not only this monkeys,human abuse animals!
Christina Carlmark
121 w
HSBC, Walmart and CDP are teaming up to unlock more financing for Walmart suppliers. The catch? The suppliers must set validated science-based targets for emissions reductions and meet certain performance thresholds in ongoing ESG disclosures to reporting organisation CDP. The supplier financing program is part of Walmart's Project Gigaton, the company's initiative to avoid one billion tonnes of greenhouse gas emissions from being released into the atmosphere by 2030. Decarbonising this level of industry is vital for larger businesses to reach net zero and to significantly draw down carbon emissions - like many retailers, most of Walmart's emissions come from Scope 3 relationships, many of which are with smaller suppliers. By teaming up, Walmart and HSBC both stand to make headway on their net-zero goals through client and supplier engagement. text and image https://www.businessgreen.com/news/4042415/hsbc-walmart-add-science-targets-supplier-financing-program# image: Credit: iStock
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119 w
Good
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119 w
Dear Christina Carlmark Thank you for getting your climate love to level 2! We have reached out to Walmart and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time
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121 w
It's companies like Walmart and Amazon that need to lead the way. I'm glad they're stepping up
Leo Alexander
173 w
A lawsuit has been filed by Greenpeace against Americas biggest retailer. Plastic products and packages from Walmarts private label are sold as recyclable. The problem is that most recycling facilities cant process the items leading to the products being turned into regular plastic waste instead. According to Greenpeace this mislabeling of products breaks California laws regarding false advertising and environmental marketing. Regardless the outcome of this lawsuit, Walmart should work to make true recyclable packages instead of greenwashing. Read more: https://www.cbsnews.com/news/greenpeace-sues-walmart-claiming-it-lies-about-plastic-being-recyclable/
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171 w
Dear Leo, Well done in getting your climate warning to level 2. We have reached out to Walmart and requested a response. We will keep you updated on any progress. /Adam, We Don't Have Time
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173 w
For 30 years, oil companies convinced the public that all their plastic trash could be, and would be, recycled, when they knew it wasn't true. https://podcasts.apple.com/us/podcast/planet-money/id290783428?i=1000490973872
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173 w
Again, this is just another example of global companies profiteering from their complacent attitude to the environment. We, i.e. the people of this, our only planet need to find a way to make these large corporations realise that if they continue to to feel they are detached from responsibility of their complacent actions, they must be forced by legislation, to change. Easy words I guess, harder to enforce!!
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173 w
That is right. Some people would take the much needed step we all should take and boycott complacent companies but there is not much hope of significant number of people doing this. Similarly, the much needed lawmaking is either non-existent or incompetently implemented to produce significant change. Lobbies are stronger than people and governments.
Johannes Luiga
187 w
At the Opening Ceremony of Climate Week NYC, Walmart, the world’s largest retail company, announced landmark plans to be 100% carbon neutral across its global operations by 2040 – without relying on offsets. It will also aim to protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030. The announcement was made during a discussion with Walmart’s CEO Doug McMillon and the Climate Group’s CEO Helen Clarkson. https://corporate.walmart.com/newsroom/2020/09/21/walmart-sets-goal-to-become-a-regenerative-company Responding to the news, Helen Clarkson, said: “As the largest retail company in the world, the scale of this commitment is momentous, and sets the tone for one of the most important Climate Week’s we’ve ever run. This is exactly the level of ambition we need to see from businesses and governments across the board.” Read the full Opening Ceremony press release for more details. https://media.climateweeknyc.org/en/news-articles/climate-week-nyc-opening-ceremony-major-climate-commitments-and-messages-of-hope-delivered-by-global-leaders.html
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187 w
Will they be paying their staff living wages and not making them rely of food stamps and other government subsidies? These are good moves in the right direction, but all businesses also need to address peace and justice as it is a very important and integral part of Climate action. People who don't have a stable home and food security don't have the luxury of considering the natural world. Walmart has stolen from government through not supporting staff appropriately for way too long!
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187 w
Fantastic news, more large companies are joining the movement!!!
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187 w
This is a good first step. But they need to do even more. Hopefully that will happen once all major companies are on board, because then some will keep pushing even further and even faster.
Connor Lascelles
195 w
Walmart’s revenue is greater than Microsoft, Cosco, Home Depot, Best Buy and Target combined. Over the past 20 years Walmart has communicated a strong desire to achieve sustainability. Despite this, their emissions have continued to rise from 4.8 million tonnes in 2005 to 6.1 in 2018. An amazing YouTube channel called Our Changing Climate conducted a review into whether Walmart's promises match their reality. Unfortunately they found a lot of talk and very little action. I’d love for you all to watch the video and tell me what you think in the comments. https://www.youtube.com/watch?v=aKzrvaqCIGU&feature=youtu.be How can we get Walmart to act responsibly?
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195 w
Another big problem with all retail is the plastic over-packaging. If Walmart would do something with THAT others would have to follow because Walmart has so much volume. It would change the dynamic. Right now fossil companies are counting on uptick in plastics to help them as renewable electricity replaces fossils.
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195 w
Good facts. Existence of business becoming so strong that they can influence the customers by offering cheap prices and lobby with the governments is one reason we are unable to curtail pollution. Primark is also one such brand that offers prices that are unbeatable (though the quality is cheap too) but unfortunately the people use the products like disposables (even the products that should not be disposable like clothes and shoes). Such organizations have shortened the life cycle of products and hence increasing waste to unimaginable levels. I believe auch Consumption/Production = Pollution The consumers and governments are failing the climate and sustainability everyday.
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195 w
Agree, and shared. This is where consumers can make a difference by not shopping there. The increase in emissions is terrible, then factor in the systemic inequality. They pay slave wages, thus creating a market for their cheap and substandard products. It's a vicious cycle.
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23 h
Its time we begin to make companies be accountable for their actions.
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2 w
Quick legal action should be taken on Walmart and companies doing the same.
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Most of these companies' net-zero targets fall short of what's needed to tackle the climate crisis effectively. When will they start taking the climate crisis seriously?