|
Wal-mart, the world’s largest retail, is reaffirming their commitment toward sustainable packaging by applying a scorecard when the buyers are making a purchasing decision. Is this goodbye to packing peanuts?
Finishing the trial phase in 2007, Wal-mart hopes to not only roll back prices, but roll back packaging 5% by 2013.
"The packaging scorecard helps everyone make better decisions that are good for business, our customers and the environment," said Matt Kistler, senior vice president of sustainability at Wal-Mart. "It's important to us that our suppliers see the intrinsic value behind sustainability, both for their business and the environment. We've made significant progress throughout the first year of the scorecard and it is a key responsibility of our suppliers to input new products and update packaging changes on an ongoing basis."
As of January 30, 2008, more than 97,000 products have been entered into the scorecard by 6,371 distinct vendors. Last year, suppliers were given the opportunity to input and track data, learn about the scorecard and work with buyers to start thinking about sustainable packaging solutions. The scorecard evaluates the sustainability of product packaging based on several key metrics, including greenhouse gas emissions, product-to-package ratio, space utilization, innovation, the amount of renewable energy used in packaging production and emissions related to the distance packaging materials are transported. Suppliers receive a score in each category and can view how they rate overall compared to their competitors in each product category.
(walmartfacts)
References: walmartfacts
Filed In:
business,
eco,
life,
lifestyle,
marketing
|