Energy, usually in the form of electricity for day-to-day operations or vehicle fuel, often comprises one of the highest costs a business incurs. At Walmart, we’ve seen the bottom-line benefits of energy efficiency and renewable power, and we’re committed to doing even more. The strong business case associated with energy makes this the entry point into sustainability for many companies.
As part of your Project Gigaton™ efforts, consider two main ways to address energy-related emissions: 1) reduce energy demand through optimization and efficiency and 2) transition to energy sources that are renewable and emit little to no carbon. For example, you could commit to:
- Reduce energy intensity per square foot by 30 percent in all facilities by 2030.
- Source 50 percent of electricity from renewable energy sources by 2030.
- Reduce energy consumption in operations by 20% by 2027.
The above goals are illustrative examples only. You’ll need to determine the scope, timeline and type of goal that makes sense for your company and products. After joining Project Gigaton™, you’ll be asked to report on your progress annually so the impact can be recognized and attributed toward the Project Gigaton™ target.