Date: November 16, 2007
Source: News Room
Wal-Mart Stores released its promised "comprehensive report of its sustainability efforts" and the New York Times was quick to call it a "citizenship report" that uses the term sustainability very loosely. A letter from Wal-Mart's CEO H. Lee Scott declared that "There is no conflict between our business model of everyday low costs and everyday low prices and being a more sustainable business." For its part, Wal-Mart said that it had increased the energy efficiency of its buildings and its fleet of trucks by 15% since 2005, and had committed to use solar energy at 22 sites and increase the use of more energy-efficient light-emitting diodes. Sadly for the industry, it has committed to reducing the amount of solid waste generated by its stores by 25% by next year.
To see Wal-Mart's Report Card, visit:
walmartstores.com/GlobalWMStoresWeb/navigate.do?catg=772
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