Walmart announced a fund to invest $100 million in recycling infrastructure projects in the US and joined CEOs from Kellogg, Coca-Cola, Monsanto and other major companies to sign sustainable agriculture and supply chain commitments at Walmart’s inaugural Sustainable Product Expo.
The three-day event, which kicked-off off yesterday, included pledges from participating suppliers that joined with Walmart and the Walmart Foundation in announcing a recycling initiative called the Closed Loop Fund.
Other organizations involved in the expo include: Environmental Defense Fund, Unilever, Procter & Gamble, Johnson & Johnson, Campbell Soup Company, PepsiCo, Keurig Green Mountain, Cargill, General Mills, World Wildlife Fund, Conservation International, Dairy Farmers of America and Goldman Sachs.
The expo highlighted initiatives to further expand access to sustainable products and create more transparency in the supply chain. For example, with Procter & Gamble, Walmart announced a commitment to a 25% reduction in water per dose for all liquid laundry detergent.
Additionally, eight of the food companies announced sustainable food pledges, expected to bring 8 million acres of farmland into sustainable agriculture programs and eliminate 6 million metric tons of greenhouse gas emissions.
© 2014 - European Supermarket Magazine by Enda Dowling
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