Wal-Mart, Dell jump on green bandwagon
Posted by: isiria, in SUSTAINABLE LIVING, world of money
Last week the retail empire Wal-Mart announced that it will team up with the Carbon Disclosure Project (CDP) to start tracking and reducing the energy consumed and carbon emissions produced by its suppliers. The project will begin with seven product categories: DVDs, toothpaste, soap, milk, beer, soda, and vacuum cleaners.
Wal-Mart though is not the only company keeping tabs on its supply chain. Twentieth Century Fox Home Entertainment, one of Wal-Mart’s suppliers, has already initiated a supply-chain analysis of the carbon impact of the production, manufacture, and distribution of its DVDs. More than 20 of Fox’s key suppliers embraced the study by supplying detailed information on their energy use and greenhouse gas emissions. HP, IBM, Dell, and Xerox also assess their suppliers’ environmental responsibility practices and, in some cases, work actively with those companies to help them become more efficient, as well as better environmental stewards.
While the aforementioned organisations are pushing for change, Wal-Mart is certainly the largest, most influential, and farthest-reaching organisation out there throwing around its formidable economic weight in asking its customers for specifics on energy use and GHG emissions. One can be certain though that all these companies have not all of a sudden found ethical responsibility in their corporate souls. For one, a green corporate image sells well and most likely will become even more important in dollar terms as global warming increases. Secondly, there is lots of evidence that energy audits lead to cost savings (if followed up by energy saving actions) and therefore increase profit margins. So, businesses win on both sides of their ledger. But of course, the planet hopefully will win as well, even if only indirectly. Let’s first though see whether these green announcements are more than just PR.
[source: InfoWorld]

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