BENTONVILLE, Ark., – In front of hundreds of associates, suppliers and nonprofit organizations at its Global Sustainability Milestone Meeting, Walmart announced its commitment to create a more sustainable food system. The company will reach this goal through four key pillars: improving the affordability of food for both customers and the environment, increasing access to food, making healthier eating easier, and improving the safety and transparency of the food chain.
“The future of food is absolutely critical for both our society and for our business, which means we have a huge opportunity to make a difference here,” said Doug McMillon, president and chief executive officer of Wal-Mart Stores, Inc. “We’ve learned on our sustainability journey that we’re most successful when our initiatives create social and environmental value and business value at the same time. Food is our number one category worldwide, and we are going to do even more in our grocery business in the years ahead. Paving a sustainable future for food is necessary for society and our business.”
The four pillars outlined in Walmart’s sustainable food system commitment aim to address major issues and threats facing today’s global food system, including how to address the food needs of a growing population while reducing environmental impact; meeting an increasing consumer demand for greater food transparency; providing more options for healthier eating; and alleviating global hunger. While Walmart has already made significant progress across the four pillars, today’s announcement outlines new steps towards a more sustainable food system:
As with all of its sustainability initiatives, Walmart will continue to collaborate with its suppliers to track and report the progress of creating a truly sustainable food system, and will take additional steps in the years ahead to advance the affordability, accessibility, healthier eating, safety and transparency of the food supply system.
“Walmart has made major progress since we set out to achieve our three ambitious sustainability goals to create zero waste, be powered by 100 percent renewable energy, and sell products that sustain people and the environment. We believe it’s especially critical to focus our time and effort on advancing the sustainability of our food products and practices,” said McMillon. “Grocery is a very personal category – it’s about what you feed your kids and how you take care of yourself. It’s about your health and wellbeing. And it all comes down to trust. Customers have to trust us on food. When we focus on food, we are doing right by our customers, our communities, and our planet.”
For more details and to watch the replay of Walmart’s Global Sustainability Milestone Meeting, please visit:http://news.walmart.com/events/global-sustainability-milestone-meeting.
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