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Wal-Mart pushing Chinese suppliers to go green

080319_walmartchina.jpgWal-Mart Stores Inc will meet with its thousands of Chinese suppliers this fall as part of a big push to reduce waste and emissions at factories that make its products, Chief Executive Lee Scott said on Thursday. “We started a very aggressive program in China that is not only going to deal with environmental sustainability, but is also going to deal more aggressively with the issues of sourcing in China,” Scott said during an appearance at the Wall Street Journal ECO:nomics conference in Goleta, California. As the world’s largest retailer, Wal-Mart is considered one of the few companies that can use its heft to tackle environmental issues, like reducing energy consumption. It has already pushed its U.S. suppliers to cut back on packaging and has set a goal of one day producing no waste and using energy only from renewable sources. But Wal-Mart has also stumbled with some of its “green” efforts. For instance, it has found that pushing suppliers to make electronics that use less energy or can easily be recycled is harder than it appears, and involves a great deal of re-engineering. Image source: reuters.com. > Continue.

News selected by Covalence | Country: USA, China | Company: Wal-Mart | Source: Reuters

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