Walmart announced today that its suppliers have reported avoiding 3.46 million metric tons (CO2e) of greenhouse gas emissions in the Chinese value chain as part of Project Gigaton China. This is equivalent to the emissions associated with the average annual electricity consumption of over 3 million Chinese households and marks a strong year one result for Project Gigaton China, which Walmart launched one year ago with the aim of preventing 50 million metric tons of emissions in the Chinese value chain alone. It is part of Walmart’s global Project Gigaton commitment to work with its suppliers to cut 1 billion metric tons (CO2e) – a gigaton – of greenhouse gas emissions from the global value chain of upstream suppliers and downstream consumers by 2030.
“At Walmart, we believe in the power of companies to work together to create a more sustainable future. China is a major and integral part of the global retail supply chain, and we are committed to supporting our suppliers to enhance their environmental and economic progress. As Project Gigaton gains momentum, it will not only have a substantial impact on sustainability in China, but will also help our suppliers improve their competitiveness and deliver more innovative products to consumers in China and to export markets worldwide.”
– Dirk Van den Berghe, executive VP and regional CEO of Walmart Canada & Asia
Walmart China has been a key driver of Project Gigaton worldwide. With the effort of Walmart’s teams in Shanghai and Shenzhen, and their colleagues around the world, hundreds of Chinese suppliers and others operating in China have already committed to the program. Among these is China’s Technical Consumer Products Inc (TCP).
Supplying lightbulbs internationally and to more than 400 Walmart stores in China, TCP previously worked with Walmart on sustainability as part of the Walmart Factory Energy Efficiency program, making energy efficient process improvements at its Jiangsu plant. TCP’s focus on energy efficiency became more ambitious when it joined Project Gigaton with a commitment to save millions of tons of emissions through product innovations, such as new energy-efficient bulbs, in addition to continuing its factory energy-efficiency initiatives.
more at: https://news.walmart.com/2019/04/18/walmart-reports-substantial-emissions-reductions-in-china-as-suppliers-set-ambitious-targets