Walmart Inc., commonly known as Walmart, is a leading player in the retail trade services industry, headquartered in the United States. Founded in 1962 by Sam Walton, Walmart has grown to become one of the largest retailers globally, with a significant presence across North America and beyond. The company operates in various sectors, including grocery, apparel, electronics, and household goods, offering a unique combination of low prices and a wide selection.
Walmart's commitment to customer satisfaction and innovation has led to notable achievements, such as its pioneering use of technology in supply chain management. With a market position that consistently ranks among the top retailers, Walmart continues to adapt to changing consumer needs while maintaining its core values of affordability and accessibility.
+21 vs industry average
Walmart’s score of 55 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Walmart's reported carbon emissions
Walmart's commitment to climate action is demonstrated through its emissions reduction targets and reporting. For the fiscal year 2024, Walmart reported a significant portion of its emissions in Scope 3, with a total of approximately 63,657,000,000 kg CO2e. Scope 1 emissions for the same year were approximately 9,030,000,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 6,610,000,000 kg CO2e. The total combined Scope 1 and 2 emissions for FY2024 were approximately 15,650,000,000 kg CO2e.
In FY2023, total Scope 1 emissions were approximately 8,930,000,000 kg CO2e, Scope 2 (market-based) were approximately 6,540,000,000 kg CO2e, and Scope 3 emissions totalled approximately 62,530,000,000 kg CO2e. The combined Scope 1 and 2 emissions for FY2023 were approximately 15,470,000,000 kg CO2e.
Walmart has established ambitious climate targets, aiming for net-zero emissions across its global operations by 2040. To achieve this, the company has committed to science-based targets endorsed by the Science Based Targets initiative (SBTi). These near-term goals include reducing absolute global Scope 1 and 2 greenhouse gas (GHG) emissions by 35% by 2025 and by 65% by 2030, both compared to a 2015 base year. Furthermore, Walmart aims to reduce CO2e emissions from its upstream and downstream Scope 3 sources by one billion tonnes by 2030.
Historical data shows Scope 1 and 2 emissions for FY2022 were approximately 8,530,000,000 kg CO2e and 6,690,000,000 kg CO2e respectively, with Scope 3 emissions at approximately 60,982,000,000 kg CO2e. The combined Scope 1 and 2 for FY2022 were approximately 15,220,000,000 kg CO2e. In FY2021, Scope 1 emissions were approximately 8,090,000,000 kg CO2e and Scope 2 (market-based) were approximately 7,010,000,000 kg CO2e.
Walmart has reported a 23.2% reduction in combined Scope 1 and 2 emissions through 2021, compared to 2015 levels. The company is also working towards a net-zero target by 2050, advocating for policies consistent with this goal.
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Walmart’s Climate Goals (2030 & 2050)
1 goal2030
65% reduction in Scope 2
Our goal is to achieve zero emissions across Walmart’s global operations by 2040, reducing absolute scopes 1 and 2 GHG emissions by 35% by 2…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Walmart
Frequently asked questions
Common questions about Walmart’s sustainability data and climate commitments
Data year: 2024
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