Walmart’s ambitious announcement to achieve zero-carbon operations by 2040 signals it is looking to electrify its truck fleet as the next step in the companyâ€™s green evolution.
Walmart laid out a three-fold plan to completely cut the companyâ€™s emissions, which included electrifying all of its vehicles, including long-haul trucks, by 2040. It also plans to use wind, solar and other renewable energy sources to 100% power its facilities by 2035, and transition to low-impact refrigerants for cooling and electrifying its heating equipment for its stores, clubs, and data and distribution centers by 2040.
â€śWe want to play an important role in transforming the worldâ€™s supply chains to be regenerative. We face a growing crisis of climate change and nature loss and we all need to take action with urgency,â€ť said Doug McMillon, Walmart president and CEO. â€śThe commitments weâ€™re making today not only aim to decarbonize Walmartâ€™s global operations, they also put us on the path to becoming a regenerative companyâ€“one that works to restore, renew and replenish in addition to preserving our planet, and encourages others to do the same.â€ť
The announcement precedes Walmartâ€™s annual Sustainability Milestone Summit, which will be held virtually on Tuesday, Sept. 22, during Climate Weekâ€™s HubLive.