Recap:In December 2013 SAP in collaboration withTSC rolled out the SAP PSN platformthat provides the Sustainability Index for Walmart decision making. By the end of 2017, Walmart announced to buy 70% of the goods it sells in U.S. stores and in U.S. Sam’s Clubs only from suppliers in the United States, China, and around the world who use the Index to evaluate and share the sustainability of their products. Meanwhile more than 700 product categories are covered by the Index. I wrote about it in previous blog postshere and here.
Today I had the pleasure to meet Walmart CEO Doug Mcmillon in an ‘invitation-only’ meeting in the Bay Area. In this meeting, Walmart discussed with us their progress towards their very ambitious sustainability goals:
Energy -- 100% renewable energy (progress to be seen here)
Products -- Sell products that sustain people and the environment
We know that for consumer goods and retail industries the vast majority of environmental damage happens in the upstream supply chain.
The Index is used as a guidance tool to stipulate collaboration between Walmart merchants and their supplier to make improvements in their respective product categories, in order to ‘…sell products that sustain people and the environment’.
But the Big News today are Walmart’s announcement of a new online store promoting sustainability leaders in their respective product categories. So for the first time, the Index is used towards consumer decision-making on their e-commerce platform.
Starting today, visitors of www.walmart.com can not only learn more about ‘sustainability insights’ and ‘hotspots’ for specific product categories, they can now find products that are good for the environment because of industry leadership. Thenew online shop features already more than 12,000 products in 80 different product categories.
Twitter community excerpts following the announcement: