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Press Release - Walmart

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Walmart

ABOUT Walmart

At Walmart, we believe that being a profitable and efficient business goes hand-in-hand with being a good steward of the environment. Since October 2005, Walmart has been guided by three sustainability goals for the company: (1) to be supplied 100 percent by renewable energy; (2) to create zero waste; and (3) to sell products that sustain the environment. These aspirational goals challenge us to take a comprehensive approach to our business to affect change within, and beyond, the four walls of our company.

Today, our sustainability efforts have broadened and accelerated. As we broaden our efforts, we are working to reduce our environmental footprint globally and bring sustainable solutions to our more than 100,000 suppliers, 2 million associates and 200 million customers. We are working with our suppliers to make their products more sustainable, but we are also helping them become more sustainable businesses in their own right. Whether it is to improve our own operations or to provide our customers with environmentally friendly products at low prices, sustainability is integrated into everything we do. It is a natural fit into our companys commitment to helping people save money so they can live better.

To keep us on track, and to ensure were advancing meaningful change, weve created several benchmarks and timelines to measure our progress. These initiatives are aligned under our three aspirational goals, and just some of them include:

Doubling the efficiency of our truck fleet by 2015. Reducing greenhouse gas emissions at existing stores, clubs and distribution centers by 20 percent by 2012. Reducing global plastic shopping bag waste by an average of 33 percent per store by 2013. Reducing packaging across our global supply chain by 5 percent by 2013. Making the most energy-intensive products on our shelves 25 percent more efficient by 2011. Expand the success of Walmart Chinas Direct Farm Program by engaging as many as 1 million farmers by 2011.

Overall, sustainability at Walmart is about doing better for our customers, our associates, our suppliers and our planet--and doing it together.

Walmart and SunEdison Announce Solar Energy Pilot in Puerto Rico

Oct 28, 2009 4:43 AM CDT

(Justmeans.com / CSR News) - Largest Solar Energy Project to Help Puerto Rico Reach its Solar Potential

PUERTO RICO – July 26, 2009 – Walmart Puerto Rico and SunEdison, North America’s largest solar energy services provider, today announced plans to deploy rooftop solar systems on five Walmart PR stores with the potential for 23 stores over five years. The project will be the largest renewable energy project ever developed on the island. Given traditional energy rates, the systems will provide Walmart long-term predictably priced solar-generated energy.

Under a solar power services agreement with Walmart, SunEdison will finance, own, build and operate the photovoltaic solar energy systems, which deliver long-term, low-risk returns to project financiers. Construction on the first 895kW rooftop system at Walmart Supercenter Caguas is scheduled to begin before the end of 2009.

Each solar power-generating system installed may vary, but across the Puerto Rico sites, on average a system can provide 25 to 35 percent of the power for the store or club on which it is installed. Throughout the duration of a 15 year contract, the zero-emission systems are projected to produce 90 million kilowatt hours (kWh) of electricity.

Renzo Casillo, president & CEO of Walmart Puerto Rico added that, “we are transforming every aspect of our operation, and that includes energy consumption. Today, our new Walmart stores are 21 percent more energy-efficient than our original 2005 stores. Through the implementation of energy-saving strategies and the installation of energy-efficient equipments, last year we achieved an 8.7 percent reduction in energy consumption compared to the previous year. With this solar energy project we’ll continue to broaden our efforts towards our main objective and commitment of being supplied 100 percent by renewable energy”.

SunEdison COO Carlos Domenech said, “We commend Walmart’s aggressive leadership in renewable energy as a model for all industries. Our collaboration in Puerto Rico will provide a long-term financial return on Walmart’s investment in energy. The project also brings the solar industry to Puerto Rico with well-paying jobs for the island on top of the reduction of greenhouse gases to improve the environment.”

The five locations that are part of the pilot and the size of the installations:

Sam’s Club Rexville: 795kW
Sam’s Club Ponce: 936.44kW
Walmart Super Center Ponce Baramaya: 1239.84kW
Walmart Super Center Manati: 854.44kW
Walmart Super Center Caguas: 895.44kW

About Walmart
Walmart operates WalMart discount stores, Supercenters, Neighborhood Markets and Sam’s Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The Company’s securities are listed on the New York Stock Exchange under the symbol WMT. More information about Walmart can be found by visiting www.walmartfacts.com.Online merchandise sales are available at www.walmart.com.

About SunEdison
Sun Edison LLC is North America’s largest solar energy services provider and operates across the global marketplace. SunEdison provides solar-generated energy at or below current retail utility rates to a broad and diverse client base of commercial, municipal and utility customers. For more information about SunEdison, please visit www.sunedison.com

 

SOURCE Walmart
Deb Berman
Deb Berman 04pm October 29
I'm so inspired by Walmart's myraid sustainabiltiy initiatives! So glad they're on the site!