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Insights for the Food and Grocery Industry

Walmart has embarked on the journey to transition into a “Regenerative Company” and shares the list of updated ESG goals. Walmart has delivered a remarkable performance to beat the turmoil caused by the Covid-19 outbreak. Some of the highlights include: Walmart recruited about 50,000 employees who lost their job during the pandemic. Walmart sourced goods and services for its US retail chains worth more than $13bn from 2,900 various suppliers. The retail giant reached a 12.1% reduction in Scopes 1 and 2 emissions and targets zero emissions by 2024. Walmart’s Project Gigaton helped suppliers avoid a cumulative total of 416 MMT of CO2e (Scope 3).

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