Walmart Met Their Project Gigaton Goal - Now What? - Episode 66

02/26/24 • 8 min

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When Walmart launched their Project Gigaton program in 2017, the idea that the retailer could get their suppliers to cumulatively reduce 1 BILLION tons for carbon emissions by 2030 was hailed as incredibly ambitious.
Last week, the company reported in their fourth quarter earnings call that they had not only surpassed that billion ton goal, but had done so 6 full years earlier than their target. In today's episode, Paul discusses how Walmart got here, what other companies can learn from Walmart's leadership, and what may be next in addressing supply chain (or Scope 3) emissions.
For further reference:
"Why Walmart's Project Gigaton is Corporate America's Moonshot" - Greenbiz (2017)
"Walmart Hits Supplier Emissions Goal 6 Years Early" - Retail Dive
"Walmart Suppliers Lead the Charge, Help Deliver Project Gigaton Goal More Than Six Years Early" - Kathleen McLaughlin, CSO Walmart, Blog Report 2/21/2024

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Previous Episode

What Can the US Learn From European EV Adoption? - Episode 65

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While EV global sales continue to surge, the uptick in the US lags significantly behind that of our European counterparts. And while obstacles such as a lack of charging infrastructure, high up-front costs, and battery range are affecting market share - those same issues are also at play in Europe. So what are they doing right that is helping that continent achieve over 20% market share of EVs?
In this episode, Paul dissects four areas where Europe's approach to EVs has been a bit different than that of the US in the hope that we can learn from our friends overseas.
For further research:
"Electric Vehicles are Here and Large-Scale Adoption is ... Near?" - Mckinsey
"Electric Car Sales Have Surged in Europe - So Why is Adoption Still Slow?" - World Economic Forum
"Six Essentials for Mainstream EV Adoption" - EY
"The Great NACS Migration: Who Is Switching to Tesla's Charging Port?" - Motortrend

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Next Episode

24-7 Hourly Matching - Episode 67

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In this episode, Paul unpacks how 24/7 hourly matching is becoming something of a new standard for corporate renewable energy procurement. This temporal strategy is having an impact on not just how large companies are buying power, but also for federal organizations, hydrogen developers, and, frankly, just about anyone in the renewable procurement market.
Paul discusses the impact of 24/7 hourly matching, it's potential drawbacks ... and even courts a bit of controversy by suggesting that maybe this strategy isn't the best one for all companies.
For further reference:
"System-level impacts of voluntary carbon-free electricity procurement strategies" - Princeton Study

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