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Wal-Mart Takes Another Step Towards Food Sustainability
It appears that retail giant Wal-Mart is ready to take another step on its sustainability journey. Sources within the food industry are reporting that Wal-Mart is planning to begin collecting data from its fruit and vegetable vendors in order to assess the sustainability of their operations.
This is a continuation of Wal-Mart’s initiative rolled out last fall in which they pledged to support farmers and their communities by selling $1 billion worth of food from one million small and medium farmers who will be trained in sustainability practices. This move will effectively double the amount of locally grown food they sell in the US, while increasing revenue to smaller farmers by 10-15%.
They also pledged to produce more food with fewer resources and less waste by investing over $1 billion in their food supply chain over the next five years and reducing food waste in their stores.
Furthermore they pledged to seek more sustainable sources for foods such as palm oil for all of their private branded products and beef from sources that do not contribute to rainforest deforestation.