Featured Sponsor
Wal-Mart Packaging Scorecard Begins Today
Published January 31, 2008
BENTONVILLE, — Wal-Mart begins using a scorecard today that will rate its suppliers' progress on making product packaging more sustainable.
The move is a bid to help the world's largest retailer trim packaging materials by 5 percent by 2013. More than 97,000 products are now part of the scorecard from more than 6,000 vendors, and meant as a tool to help Wal-Mart buyers make more informed purchasing decisions.
"It's important to us that our suppliers see the intrinsic value behind sustainability, both for their business and the environment," said Matt Kistler, Wal-Mart’s senior vice president of sustainability. "We’ve made significant progress throughout the first year of the scorecard and it is a key responsibility of our suppliers to input new products and update packaging changes on an ongoing basis."
It's a mammoth undertaking that could yield big dividends. For instance, the initiative could avoid nearly 700,000 metric tons of carbon emissions and save Wal-Mart $3.4 billion.
The scorecard uses several metrics to evaluate product packaging: greenhouse gas emissions, product-to-packaging ratio, space utilization, innovation, transportation-related emissions and the amount of renewable energy used to make the packaging.
The calculations and methodology behind the scorecards will be evaluated by the Packaging Sustainable Value Network, which is made up of government agencies, suppliers, academics and trade groups, among others.
Wal-Mart announced the packaging initiative at the Clinton Global Initiative in 2006. That year, the retailer introduced the scorecard to more than 2,000 private label suppliers. Tools and resources were given to allow the pool of suppliers to learn the process and share the results.
The move is a bid to help the world's largest retailer trim packaging materials by 5 percent by 2013. More than 97,000 products are now part of the scorecard from more than 6,000 vendors, and meant as a tool to help Wal-Mart buyers make more informed purchasing decisions.
"It's important to us that our suppliers see the intrinsic value behind sustainability, both for their business and the environment," said Matt Kistler, Wal-Mart’s senior vice president of sustainability. "We’ve made significant progress throughout the first year of the scorecard and it is a key responsibility of our suppliers to input new products and update packaging changes on an ongoing basis."
It's a mammoth undertaking that could yield big dividends. For instance, the initiative could avoid nearly 700,000 metric tons of carbon emissions and save Wal-Mart $3.4 billion.
The scorecard uses several metrics to evaluate product packaging: greenhouse gas emissions, product-to-packaging ratio, space utilization, innovation, transportation-related emissions and the amount of renewable energy used to make the packaging.
The calculations and methodology behind the scorecards will be evaluated by the Packaging Sustainable Value Network, which is made up of government agencies, suppliers, academics and trade groups, among others.
Wal-Mart announced the packaging initiative at the Clinton Global Initiative in 2006. That year, the retailer introduced the scorecard to more than 2,000 private label suppliers. Tools and resources were given to allow the pool of suppliers to learn the process and share the results.
Sponsored Links
Related Content
Advertisement
Featured Resources
Zipcar's co-founder and former CEO discusses how sharing taps into excess capacity in......
Insights from the world's biggest companies on how to capitalize on the connected......
An Internet-enabled vehicle that combines the efficiency and freedom of a motorcycle with......
The role of information as a tool for market transformation in the buildings sector, how......
What's New on GreenBiz TV
RevTech's Josh Usher's One Great Idea: Powering Electric Vehicles. See our entire video collection
The fifth annual edition of our State of Green Business report continues our efforts to measure the environmental impacts of the emerging green economy. In addition to documenting what progress companies are making -- if any -- in improving their environmental performance, we track larger trends that will affect corporate America in 2012.
Read the stories and download the report.
Find the green job that's right for you. GreenBiz.com's green & sustainability job board has jobs in energy efficiency, protecting ecosystems, research and development, green building, administrative, and more. Employers can post jobs and internships for free. » Find jobs
Professional Services Directory
Find great professional service providers who specialize in green business. GreenBiz.com's Professional Services Directory lists great resources in sustainability strategies, energy efficiency, marketing, supply chain, recruiting and HR, and many more.
ADEPT Airmotive
ADEPT Airmotive used Autodesk® Inventor® to develop a lighter, more fuel-efficient general aviation engine. Click here to learn more.
ADEPT Airmotive used Autodesk® Inventor® to develop a lighter, more fuel-efficient general aviation engine. Click here to learn more.
Site Sponsors

Advertisement
Sponsored Links

Browse
Engage
Research






