Uncategorized

Walmart

July
21, 2009
   
Walmart to assign eco-ratings for
products

At last week's
Sustainability Milestone Meeting, Walmart announced that it will begin to ask
its suppliers to measure the environmental cost of making their products so that
the world's largest retailer will be able to determine an eco-rating for them. The retailer then will post these ratings
for its shoppers to see. Consumers are not expected to see the ratings for
several years. Initially Walmart will begin with a 15-question survey of its
more than 100,000 suppliers to evaluate their own sustainability efforts. The
questions will focus on 4 areas (energy and climate, material efficiency,
natural resources and people and community). Walmart also plans to help create a
Sustainability Index Consortium of universities that will collaborate with
suppliers, retailers, non-governmental organizations and government officials to
develop a global database of lifecycle product info. The index will translate
the product info into a simple rating for consumers about product
sustainability. Retail industry consultant Burt P. Flickinger III told USA Today that he is concerned about the impact the program will
have on suppliers. He said new labeling and product redesign could raise a
product's cost by 1-3%.

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From Daily Dirt of Garden Center Maga:]\

Walmart to assign eco-ratings for
products

At its recent
Sustainability Milestone Meeting, Walmart announced that it will begin to ask
its suppliers to measure the environmental cost of making their products so that
the world’s largest retailer will be able to determine an eco-rating for them. The retailer then will post these ratings
for its shoppers to see. Consumers are not expected to see the ratings for
several years. Initially Walmart will begin with a 15-question survey of its
more than 100,000 suppliers to evaluate their own sustainability efforts.
Walmart also plans to help create a Sustainability Index Consortium of
universities that will collaborate with suppliers, retailers, non-governmental
organizations and government officials to develop a global database of lifecycle
product info. Retail industry consultant Burt P. Flickinger III told USA Today that he is concerned about the impact the program will
have on suppliers. He said new labeling and product redesign could raise a
product’s cost by 1-3%.

Posted by on August 6, 2009 at 8:06 am, in the category Uncategorized.
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