Wal-Mart’s incoming CEO to expand environmental push

Wal-Mart Stores Inc’s new leadership (WMT.N) plans to expand efforts to reduce waste, use renewable energy and push suppliers to clean up their act, the company’s incoming chief executive officer said on Monday. “We want to accelerate our efforts in sustainability. We want to broaden our efforts,” said Mike Duke, who will become Wal-Mart’s CEO on Feb. 1 when Lee Scott retires from that position. Speaking at a “Sustainability Milestone Meeting,” which was broadcast over the Internet, Duke said Wal-Mart’s suppliers and employees need to make sustainability a priority. “I am very serious about it. This is not optional,” Duke said. “It’s not something of the past. This is all about the future.” Image source: walmartstores.com. > Continue.

News selected by Covalence | Country: Global | Company: Wal-Mart | Source: Reuters