Thursday, December 4, 2008

Wal-Mart Jumps on the Sustainability Bandwagon

Bentonville, Ark., Dec. 2, 2008 (Entire Text)-- Wal-Mart Stores, Inc. (NYSE: WMT) has established a partnership with many of its leading sustainability suppliers to facilitate the creation of green jobs in the United States. The Wal-Mart Green Jobs Council is comprised of representatives from throughout the retailer's divisions, including store operations, real estate, logistics and sustainability, and representatives from suppliers across a variety of industries.

As part of its company-wide sustainability goals, Wal-Mart is committed to being supplied 100 percent by renewable energy, creating zero waste and selling environmentally-friendly products. The company is moving toward these goals by using sustainable sourcing practices including energy efficiency, waste reduction, renewable energy and lifecycle management. These initiatives are making Wal-Mart a more sustainable company and helping create a favorable environment for green job creation.

For example, Wal-Mart recently announced its first substantial purchase of wind energy in the U.S. which will lead to the creation of green jobs in Texas. The wind power will supply up to 15 percent of the retailers' total energy load in approximately 360 Texas stores and other facilities. This is one example of the dozens of projects Wal-Mart is implementing across its operations with green job creation potential.

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