Walmart has become the 26th company to successfully set greenhouse gas emissions reduction targets that are in line with what climate science says is necessary to keep global warming below 2°C.
Approving Walmart’s science-based target marks a turning point for the Science Based Targets initiative – a partnership between CDP, WWF, WRI and the UN Global Compact. Walmart is not only the first retailer to have set a Science Based Target, it is also the world’s largest retailer. Indeed, Walmart ranks 15th on Forbes’ Global 2000 list of the world’s biggest and most powerful public companies, as measured by a composite score of revenues, profits, assets and market value. Given the scale of the company’s operations and market capitalization, this shows science-based targets are quickly going mainstream.
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