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Walmart has awarded the World Resources Institute a $420,000 grant to help create a set of accounting tools for companies to measure the carbon footprint of their supply chains. The WRI will also use the grant to produce the "Green Standards Guide," a resource book examining environmental certifications, WRI said Thursday.
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Oct. 1 marks the official start of the first phase of Walmart's Sustainability Index, which offers both a huge business opportunity for suppliers and a potentially huge environmental business for the bumper crop of consulting and accounting firms springing up to help them navigate the journey.
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With the announcement of Walmart's Sustainability Index and the release of 15 questions for its suppliers, the retail giant has ignited a far-reaching dialogue on supply chain transparency and environmental sustainability.