Suppliers have to reveal GHG releases to Wal-Mart
July 17, 2009 by Tom GuayPosted in: In this week's e-newsletter, Latest News & Views, News
It’s not big brother forcing companies to prove their eco-credentials. It’s retail giant, Wal-Mart, which plans to tag every product it sells with a label that tells buyers how green the product really is.
Cost of the green labeling program will be borne not by Wal-Mart, but by its 100,000 suppliers worldwide.
Wal-Mart’s not doing this for altruistic reasons. It thinks it will make money by giving shoppers a way to rate a product’s “greeniness” based on labeling that details how a product protects the environment by reducing:
- packaging materials
- transportation emissions and fuel usage
- energy usage, and
- raw materials.
All these are cost savers which will help Wal-Mart and its customers reduce greenhouse gas (GHG) emissions.
To Wal-Mart, the green thing is here to stay. “We do not see this as a trend that will fade. Higher consumer expectations are a permanent part of the future,” company president and CEO Mike Duke said in announcing the labeling intiative.
It’s widely expected that Wal-Mart’s green push will reverberate throughout the business world, forcing companies to create or polish their green credentials.
Reason: Wal-Mart suppliers will have to track their GHG emissions. This is the first question suppliers will have to answer this summer as Wal-Mart creates its Sustainability Product Index. The survey asks suppliers 15 questions. Each must be addressed if the supplier hopes to keep products on Wal-Mart and Sam’s Club shelves.
There will be no exceptions. Give Wal-Mart the answers or find a new outlet.
Full details, including the 15 questions all of Wal-Mart suppliers will have to address, are here.
Tags: efficiency, greenhouse gas emissions, packaging, Sam's Club, Walmart
GreenandMore.com
July 23rd, 2009 at 10:08 am
Ever expanding integrated corporations, like Walmart, ARE “Big Brother” when George Orwell’s concept is accurately applied to the incestuous western industrial military corporate government monopoly.
July 27th, 2009 at 6:00 am
[...] emission reductions, which is one thing Wal-Mart is expecting from its 100,000 suppliers. Click here for Wal-Mart’s green labeling [...]
July 28th, 2009 at 6:01 am
[...] Wal-Mart just announced it will create green labels for all the products that it sells. Click here for the Wal-Mart initiative. One wonders whether Wal-Mart will stop selling bottled [...]
November 13th, 2009 at 6:02 am
[...] become the most potent mover of environmentalism, far more potent than EPA because companies that want to do business with Wal-Mart have to provide all sorts of sustainability information. Wal-Mart’s using the information to create a Sustainable Product Index that will slap a [...]