Wal-Mart Greens its suppliers  —  

Filed in: Business, Climate Change, eco-clothing — by theman @ 3:49 am

CLSA is a leading provider of equity brokerage, investment banking and asset managememnt services. Recently CLSA conducted a survey among companies in the Asia-Pacific on climate change and for the most part respondents proved to be “largely oblivious” to the issue. Of the 582 companies that took the survey 40% didn’t even fill out “Clean and Green” portion. What of those that did fill it out? 64% of them scored a rock-bottom zero. Now the question here is what is your favorite retailer doing about the widely published results?

To date, only Wal-Mart, yeah - the Wal-Mart based in Arkansas- has acted on the news calling on suppliers to report their greenhouse emissions. Hopefully as the worlds largest retailer pushes for greener operations in Asia more of the products we buy can be made sustainably. Maybe Wal-Mart new tagline “Save Money. Live Better.” rather than “Always Low Prices” has prompted them to turn a new leaf.

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