Walmart Launches The Sustainability Consortium in China, Sets Supplier Targets

From Environmental Leader

Walmart today announced a series of sustainable supply chain initiatives including a $2 million Walmart Foundation grant to launch The Sustainability Consortium (TSC) in China, and a target for suppliers to use the company’s Sustainability Index.

Walmart pledged that, by the end of 2012, it will buy 70 percent of the goods it sells in US stores and in US Sam’s Clubs only from suppliers that use the Sustainability Index to evaluate and share the sustainability of their products. This change will involve suppliers who produce goods in categories where the index is available.

Additionally, beginning in 2013, Walmart will use the Sustainability Index to influence the design of its US private brand products, the company said. Also beginning in 2013, Walmart says it will add specific sustainability objectives to its global sourcing merchants’ annual evaluations.

Read the rest of this article at Environmental Leader.