Walmart 2020 Sustainability Report
Because fy2020 ended about six weeks before covid 19 was declared a global pandemic the impact of the pandemic is not discussed in this report.
Walmart 2020 sustainability report. With fiscal year 2020 revenue of 524 billion walmart employs over 2 2 million associates worldwide. Had net sales of 341 0 billion for fiscal 2020 representing 66 of our fiscal 2020 consolidated net sales and had net sales of 331 7 billion and 318 5 billion for fiscal 2019 and 2018 respectively. Walmart is targeting zero emissions across its global operations by 2040 without relying on carbon offsets. Back in 2005 walmart and sam s club made a promise to our customers to sell products that sustain people and the environment.
And walmart aims to move to cooling equipment that uses low impact refrigerants and electrify its heating equipment and vehicles including long haul trucks by 2040. In its most recent sustainability report walmart gives only a detailed progress update regarding the goals on palm oil and paper and pulp. I am excited to let you know that today we released walmart s 2020 environmental social and governance esg report which covers the fiscal year ending on jan. Our ability to draw on walmart business strengths providing more than just funding helps our philanthropy to deliver greater societal impact.
It s a big step forward. Walmart s goal is to power its facilities with 100 renewable energy by 2035 globally. Walmart owns and operates 6 500 semi tractors in the u s its largest fleet but canada is going to get to zero emission trucks first setting a 2028 target for their transition. For the first time the company is putting some hard targets and timetables on what had previously been largely aspirational goals.
In 2009 we promised to create a sustainability index that would establish baselines and track progress against that goal.