Posted May 5, 2014
Walmart joined with CEOs from global companies like Monsanto, Cargill, and Dairy Farmers of America, to pledge to increase sustainable food production and recycling as part of Walmart’s inaugural Sustainable Product Expo, according to an article by AgWeb available here.
Eight of the largest food companies “announced pledges to help ensure that tomorrow’s food supply is affordable and sustainable for the nine billion people projected to inhabit the planet by 2050.” The commitments will drive an effort for “more collaboration and efficiency across the current food system,” bringing “eight million acres of farmland into sustainable agriculture programs and eliminate six million metric tons of greenhouse gas emissions (GHGs).”
Companies also joined Walmart and the Walmart Foundation in “announcing plans to launch a groundbreaking recycling initiative called Closed Loop Fund, with the goal of making recycling available to all Americans.” The Fund will “invest $100 million in recycling infrastructure projects and spur private and public funding for transforming the recycling system in the United States.”
“Walmart and our suppliers recognize that collaboration is the key to bringing sustainable solutions to all of our customers,” said Doug McMillon, president and chief executive officer of Walmart Stores, Inc.
A webcast replaying the Sustainability Product Expo is available here. For more information on sustainable agriculture, please visit the National Agricultural Law Center’s website here.