Touch the Soil News #540 (feature photo – solar panels on the roof of a Walmart supercenter (photo courtesy of Walmart CC 2.0).
It’s hard to wrap one’s mind around Walmart having a sustainability agenda. Nonetheless, that is exactly what Walmart CEO Doug McMillon announced recently. Among McMillon’s visions are the following:
- Doubling the sales of locally grown produce in the United States.
- Sustainably sourcing 20 key commodities including bananas, coffee and tea.
- Implementing a new plan to reduce greenhouse gas emissions.
- Be supplied by 50 percent renewable energy by 2025.
- Empower associates (employees) through career advancement and training. Goal is to be a preferred employer in the U.S.
- Source $20 billion in products from U.S. women-owned businesses by the end of 2016.
- Source $250 billion in products supporting American jobs by 2023.
- Support the human dignity of workers in Wamart’s supply chain.
Walmart CEO Doug McMiIlon is spearheading the sustainability. For fiscal year 2016, McMillon’s monthly salary was $105,000 per month. His total annual compensation for 2016, most of which was stock awards, totaled $19,808,797 (source Walmart Proxy statement) (Photo CC 3.0).
Following is a video clip that includes four of the world’s most powerful executives that set the tone for global food and its sustainability – Doug McMillon (CEO Walmart), John Bryant (CEO of Kellog Company), Dr. Mehmood Khan (Vice Chairman of Pepsico) and David MacLennan (CEO of Cargill):