Walmart

Walmart, a leading retailer headquartered in the US, has established robust climate commitments and has reported its greenhouse gas (GHG) emissions.

Emissions Data:

For the fiscal year 2024, Walmart reported a total of approximately 78.5 billion kg CO2e. This figure is comprised of:

• Scope 1 emissions: approximately 9.03 billion kg CO2e.
• Scope 2 emissions (market-based): approximately 6.61 billion kg CO2e.
• Scope 3 emissions: approximately 63.66 billion kg CO2e.

In fiscal year 2023, the company's total emissions were approximately 648.7 billion kg CO2e, with Scope 1 at around 8.93 billion kg CO2e, Scope 2 (market-based) at approximately 6.54 billion kg CO2e, and Scope 3 at approximately 625.3 billion kg CO2e.

Previously, for fiscal year 2022, total emissions were approximately 632.9 billion kg CO2e, with Scope 1 emissions around 8.53 billion kg CO2e and Scope 2 (market-based) at approximately 6.69 billion kg CO2e.

Climate Commitments and Reduction Targets:

Walmart has set ambitious science-based targets (SBTi) for emissions reduction. Key commitments include:

• Net Zero Goal: The company aims to achieve zero emissions across its global operations by 2040.
• Interim Targets (2025 & 2030):
  • Reduce absolute global Scope 1 and 2 GHG emissions by 35% by 2025 and by 65% by 2030, using a 2015 base year.
  • Work to reduce CO2e emissions from upstream and downstream Scope 3 sources by one billion tonnes by 2030, also from a 2015 base year.

These targets have been approved by the Science Based Targets initiative (SBTi) and are aligned with a 1.5°C warming pathway.

Walmart has also reported a 23.2% reduction in its combined Scope 1 and 2 emissions through 2021, compared to 2015 levels, demonstrating progress towards its near-term goals. The company continues to advocate for climate policies consistent with achieving net-zero emissions by 2050.