Breaking News

Road Trip To Bentonville!

April 30, 2014

Read on to find out which executives were on hand at Walmart’s inaugural Sustainable Product Expo, and see what retailer has planned for 2014.

CEOs from more than a dozen global companies were in Bentonville yesterday to sign “new commitments that accelerate innovation in sustainable agriculture and recycling” at the opening of its inaugural Sustainable Product Expo.
 
Together, the participating suppliers represent more than $100 billion in sales at Walmart, said the world’s leading retailer.
 
“Walmart and our suppliers recognize that collaboration is the key to bringing sustainable solutions to all of our customers,” said Doug McMillon, president and chief executive officer of Walmart Stores, Inc. “A great deal of innovative work is happening every day, but there are still too many gaps and missed opportunities. Today’s commitments are about creating real systems change from one end of the supply chain to the other — meaning how products are grown and made, how they’re transported and sold, and how we touch the lives of people along the way.”
 
According to Walmart, eight of the largest food companies announced pledges to help ensure that tomorrow’s food supply is affordable and sustainable for the nine billion people projected to inhabit the planet by 2050. The commitments aim to drive more collaboration and efficiency across the current food system.
 
Additionally, companies joined with Walmart and the Walmart Foundation in announcing plans to launch a groundbreaking recycling initiative called the Closed Loop Fund, with the goal of making recycling available to all Americans. The Fund aims to invest $100 million in recycling infrastructure projects and spur private and public funding for transforming the recycling system in the United States.

Also, in household care specifically, Procter & Gamble, Walmart announced a commitment to a 25% percent reduction in water per dose for all liquid laundry detergent, said Walmart.
 
In addition to executives form leading food companies like Kellogg, Coca-Cola and Keurig Green Montain, others executives in Bentonville, included:
 
Kees Kruythoff, president, North America for Unilever; A.G. Lafley, chairman of the board, president, and CEO, Procter & Gamble; and Roberto Marques, company group chairman, Johnson & Johnson Consumer Family of Companies, North America.
 
NGOs were also on hand, including Fred Krupp, president, Environmental Defense Fund; Carter Roberts, president and CEO, World Wildlife Fund; and Peter Seligmann, chairman, CEO and co-founder, Conservation International.
 
Walmart also previewed plans to create a sustainability store on walmart.com. The shopping portal, expected to launch by the end of 2014, will allow customers to easily identify brands that are leading sustainability within a category via a special icon.
 

Related End-User Markets:

blog comments powered by Disqus
  • Between The Sheets: A look at the dryer sheet category

    Between The Sheets: A look at the dryer sheet category

    Christine Esposito, Associate Editor||January 25, 2016
    How has the fabric softener sheet category fared of late?

  • A Frosch Start in the US

    A Frosch Start in the US

    Christine Esposito, Associate Editor||January 18, 2016
    A trusted eco-savvy German household cleaning brand is now available in America.

  • Perfect Timing

    Perfect Timing

    Tom Branna, Editorial Director||January 11, 2016
    New ways of collecting data can help cosmetics companies understand what women really want—and when they want it.

  • Testing for Sustainable Preservatives

    Adam P. Byrne, William Michael Hart-Cooper, Kaj Johnson, Larry H. Stanker, Dominic W. S. Wong, William J. Orts||January 4, 2016
    A rapid, inexpensive and qualitative protocol for determining microbial growth inhibition.

  • It’s All About Teamwork

    It’s All About Teamwork

    Melissa Meisel , Associate Editor||January 4, 2016
    Collaboration was the theme of the Consumer Specialty Products Association 2015 annual meeting.

  • Making Sense of Smells

    Making Sense of Smells

    Tom Branna, Editorial Director||January 1, 2016
    Household product perfumery is more complex than ever, with a variety of notes obtained from many different sources.