4.9.2008 1:44 PM
How Wal-Mart Plans to Green Up China
30% of Foreign Purchase in China Made by Retail Giant
Wal-Mart purchases 30% of the goods produced in China for export, and now it's making a move to improve the environmental performance of Chinese manufacturers and distributors, just as it has done in the United States.
The latest sustainability initiative from the devil on one shoulder/ angel on the other mega-retailer was reported by Greenbiz.com.
"The retailer is planning a meeting with about 1,000 Chinese suppliers later this year to set environmental goals similar to or in line with company-wide goals or initiatives it has started in the United States," according to Greenbiz.com. "The company plans to reduce the amount of packaging used by products by 5% by 2013 and created a packaging scorecard to help suppliers see where they can make improvements."
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