Why Walmart announces sustainability strategy?
There is no need to introduce its background anymore; I think everyone knows the super supermarket leader’s name which is called Walmart. Here is the point that in this case why the CEO of Walmart Scott announced to do the business sustainability strategy in 2005. The sustainability will be the most focused in the 21century when the environment get worse every day. This strategy seems that Walmart will increase its cost and make a great contribution to the world. There is no doubt that the sustainability is quite good for the world environment we live. On the other side, as the Scott said “being a good steward of the environment and…show more content… 2. Zero Waste
To reduce the waste of packaging, Walmart try to work with their suppliers to develop solutions to product packaging and developed an online packaging scorecard to gather information and monitor their product packaging. In some extent the saving waste is also making money. Zero waste also means that they can cut down the cost happened.
3. Sustainable Product
Walmart consistently exams the how long the product can work, including the materials which is used in them, the factories or farms where they were made to provide sustainable products. As the world’s largest supermarket retailer, Walmart makes an important impact on the way jewelry goes from individuals to the market. They never stop searching the reform of the retailer. By integrating more sustainable fibers into the clothing and textiles, Walmart is working to provide their customers with both environmentally preferable and fashionable clothing options at the prices which they can afford. Especially for its major products in the supermarket, such as agricultural and seafood, Walmart helps farmers to expand their businesses like cluster farming, mariner reserves, to make more money and reduce the environmental impact of farming. Conclusions
I think every business event happens due to the economic reason so as this case. Walmart announce its sustainability strategy. If the business always keeps the same way to make money, it will never be successful. This innovation