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Politics : Formerly About Advanced Micro Devices

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From: Wharf Rat6/8/2017 7:56:50 PM
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Walmart's 'ah ha' moment on climate change

Walmart has teamed with the Environmental Defense Fund on its latest green initiative: Project Gigaton, which will reduce a gigaton of greenhouse gas emissions from its supply chain by 2030.Here's the impetus that got Walmart on the path of sustainability.

Kathleen McLaughlin and Diane Regas
Tuesday, 6 Jun 2017 | 2:20 PM ET

cnbc.com

As the pace of business accelerates, the need to be nimble and quickly shift direction to stay competitive becomes all the more important.

But there are some initiatives that require a truly long-term commitment – areas where "short-termism" simply won't cut it…where companies need to stay the course despite the shifting winds of business or policy requirements.

That is certainly the case with Project Gigaton, which our two organizations – Walmart and the Environmental Defense Fund – unveiled earlier this spring at Walmart's annual Sustainability Milestone Summit. The project goal is ambitious: To reduce one gigaton of greenhouse gas emissions (the equivalent to taking over 211 million cars off of U.S. roads and highways for a year) from Walmart's supply chain. And the 2030 time horizon is truly long-range.

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