Walmart Announces 20 MMT of Supplier Emission Reductions through Project Gigaton; Unveils Plans for Expanding Electric Vehicle Charging Stations and Doubling U.S. Wind and Solar Energy Use

Continued progress underlines company’s aspirational goal to reduce
greenhouse gas emissions in its operations and value chain.

BENTONVILLE, Ark.–(BUSINESS WIRE)–Today, Walmart announced that suppliers have reported reducing more than
20 million metric tons (MMT) of greenhouse gas emissions in the global
value chain, as part of the company’s Project Gigaton initiative.
Walmart launched Project Gigaton last April, seeking to work with
suppliers to reduce emissions from the company’s value chain by a
gigaton, or one billion metric tons, by 2030. The emissions reduction
progress was shared at Walmart’s annual Sustainability Milestone Summit,
where expanded commitments on solar and wind power, as well as electric
vehicle (EV) charging stations, were also discussed.

“In its first year, Project Gigaton has helped to inspire action that
has led to the avoidance of millions of metric tons of greenhouse gas
emissions and has expanded into an international campaign that includes
the participation of several hundred suppliers,” said Kathleen
McLaughlin, senior vice president and chief sustainability officer for
Walmart. “The early success of Project Gigaton parallels ongoing
progress in our operational efforts that seek to double our U.S.
renewable energy use and expand our customer electric vehicle charging
hubs to retail outlets across more than 30 states.”

With the recent expansion of Project Gigaton in China and the U.K., more
than 400 suppliers with operations in more than 30 countries have joined
the program. Suppliers can commit to reductions in any of six pillars
that include energy, agriculture, waste, packaging, deforestation and
product use. Approximately 85 percent of the Project Gigaton emissions
reductions reported by suppliers have focused their efforts on the
energy and product use pillars, with projects devoted to areas such as
renewable energy investments and the development of more efficient
products.

“This annual milestone marks a pivot point for Walmart and 400 of its
suppliers to share solutions and lessons learned. The next step is to
deepen commitments that unlock the potential of this platform,” said
Carter Roberts, president and CEO, World Wildlife Fund (WWF). “We need
collaborative initiatives like Project Gigaton and We Are Still In. With
sufficient goals and results they can help define our country’s ability
to build a sustainable future. And they also shape the world’s
understanding of our commitment to solving climate change.”

“With Project Gigaton, Walmart is raising the bar for innovation and
collaboration across its supply chain,” said Fred Krupp, president of
Environmental Defense Fund. “In Project Gigaton’s second year, we hope
to see even more Walmart suppliers setting targets based in science,
ensuring that business, people and nature thrive.”

A highlight from the summit was a commitment made by Project Gigaton
participant, Procter & Gamble (P&G), to cut 50 MMT of emissions from its
operations and value chain by 2030. P&G will achieve this through
inviting customers to join the Tide #QuickColdPledge, switching to quick
and cold laundry cycles to use less water, 80 percent less energy and
create 40 percent fewer emissions in every load, as well as committing
to source 100 percent renewable electricity in its North American
operations by 2020.

“Walmart’s Gigaton goal is ambitious and demonstrates the impact we can
have when we collaborate on a common goal,” said Carolyn Tastad, Group
President of North America, P&G. “At P&G, we share Walmart’s commitment
to making measurable progress and a positive impact across our brands,
supply chain, society and our employees.”

Another key announcement made at the summit is that Walmart plans to
more than double its EV charging station sites with the addition of
several hundred charging stalls across its operations in 34 states. This
expansion will bring Walmart’s total number of charging units to well
over 1,000 when complete, making Walmart one of the nation’s leading EV
charging station hosts and creating a national grid of electric vehicle
charging availability at hundreds of Walmart stores and Sam’s Club
locations.

Walmart’s EV charging station expansion will provide customers with
added convenience as several of the new units will feature super-fast
chargers that can charge a car in between 10 to 30 minutes. This
initiative is part of Walmart’s continuing evolution to help busy
families and create a more resourceful and enjoyable one stop retail
experience that allows customers to charge their vehicles as they shop.

Expanding Renewable Energy Use

Walmart also discussed recent progress in renewable energy that will
move it closer toward its 2025 goal of being supplied globally with 50
percent renewable energy.

As a result of several new solar and wind projects, Walmart plans to
more than double the amount of renewable energy it uses in the U.S. and
increase the percentage of global electricity needs supplied by
renewable sources above the current 28 percent.

The new initiatives include expansion of on-site solar energy
installments. Walmart, already the leading company in the U.S. for
number of locations utilizing on-site solar energy, plans to add an
additional 130 sites which will bring its total to approximately 500
locations across 22 U.S. states and Puerto Rico, surpassing its 2014
goal to double its onsite solar use by 2020.

Walmart recently reached an agreement to acquire renewable energy that
will enable the building of two new large-scale wind farms developed by
Geronimo Energy and Engie. The 1.26 billion kWh produced annually from
this arrangement will be equivalent to the majority of the electricity
needed to power Walmart stores, Sam’s Clubs and distribution centers
across seven Midwestern states.

These new wind energy deals come only weeks after the retailer announced
that most of the renewable energy certificates (RECs) generated from a
new solar farm in Alabama will supply 150 million kWh each year to the
retailer, covering 40 percent of the company’s electricity needs in the
Alabama Power service area.

Additionally, earlier this month Walmart announced that it had
successfully collaborated with Google and Georgia Power on an initiative
that will result in the retailer obtaining 182 million kWh of additional
renewable energy annually. Once the new Georgia Power arrangement is
operational, approximately 34 percent of Walmart’s power demand for its
retail locations served by Georgia Power will come from the renewable
sources in the program.

Cumulatively, these new solar and wind projects will provide over 1.6
billion kWh of renewable energy annually to Walmart, equivalent to the
average annual electricity use of over 139,000 homes and thus doubling
Walmart’s renewable energy use in the U.S. and moving it closer towards
its 2025 goal of being supplied with 50 percent renewable energy.

To view the Sustainability Milestone Summit replay, please visit: https://www.youtube.com/watch?v=B2Fba190_JQ

To receive more information on Project Gigaton and Walmart’s
sustainability efforts, please visit: https://www.walmartsustainabilityhub.com/

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and
live better – anytime and anywhere – in retail stores, online, and
through their mobile devices. Each week, nearly 270 million customers
and members visit our more than 11,700 stores under 65 banners in 28
countries and eCommerce websites. With fiscal year 2018 revenue of
$500.3 billion, Walmart employs approximately 2.3 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting http://corporate.walmart.com,
on Facebook at http://facebook.com/walmart and
on Twitter at http://twitter.com/walmart.

WALMART SUSTAINABILITY MILESTONE MEETING
ADDITIONAL
QUOTES FOR MEDIA USE

BENTONVILLE, Ark., April 18, 2018

Ingrid De Ryck, VP, Procurement and Sustainability, Anheuser-Busch:

“More and more, consumers are choosing to engage with companies that are
doing good in the world. Industry leaders like Anheuser-Busch and
Walmart have a responsibility to set an example and be good stewards of
the environment. It’s not just the right thing to do, it’s good for
business. We applaud Walmart for its commitment to sustainability
through Project Gigaton and look forward to working together to reduce
greenhouse gas emissions.”

Anh Marella, Marketing Director, Avery Dennison:

"Transforming our company, supply chain and industry requires
collaboration and innovation. At Avery Dennison, we're proud to offer
products and solutions made with fewer inputs, and with certified and
renewable materials. Our CleanFlake™ technology featured at Project
Gigaton, is a water-based adhesive, which cleanly separates during the
PET Plastic recycling process enabling true bottle-to-bottle recycling."

Joe Walicki, President, Power Solutions, Johnson Controls:

“We applaud Walmart’s commitment to reducing greenhouse gas emissions,
and we’re proud to be part of this important initiative,” said Walicki.
“Johnson Controls is dedicated to using less energy and resources
through both our closed-loop recycling system and our smart battery
technologies, which power one in three vehicles around the world.”

Euan Murray, CEO, The Sustainability Consortium:

“The Sustainability Consortium is proud to continue to support Walmart
during year two of Project Gigaton, a critical initiative that brings
together top suppliers with the companies and organizations to create
leaders in the movement to reduce our collective carbon footprint. We
look forward to continuing our work as a measurement partner on Project
Gigaton and the Walmart Sustainability Index in the coming year,” said
Euan Murray, TSC Chief Executive.

Tom Hayes, President and CEO, Tyson Foods:

"As the largest U.S. food company, we’re putting sustainability at the
center of everything we’re doing. We have the opportunity – and
responsibility – to make a big difference, but we can’t do it alone,”
said Tyson Foods President and CEO Tom Hayes. “We’re proud to team up
with Walmart and are working with farmers, ranchers and others to reduce
our greenhouse gas emissions 30 percent by 2030 and support improved
environmental practices on two million acres of cropland by
2020. Solving complex challenges isn’t easy – but working together,
we’re making progress every day.”

Luiz Amaral, Global Executive Manager, World Resources Institute:

“An estimated 70 percent of tropical deforestation is driven by the
production of palm oil, soy, beef, cocoa and other agricultural
commodities. To effectively tackle greenhouse gas emissions, companies
must address deforestation in their supply chains,” said Luiz Amaral,
Global Manager of GFW Pro, World Resources Institute. “But supply chains
can be complex and difficult to track, so the first step is measuring
where sourcing poses risks. Technology – like WRI’s Global
Forest Watch – can help any company involved with Project Gigaton
gain insights into its supply chain to make better decisions and track
progress toward its goals.”

Contacts

Walmart Media Relations
Felicia McCranie, 1-800-331-0085
or
Micah
Ragland, 1-800-331-0085
news.walmart.com/reporter