Walmart announced the creation of a supply chain finance program that will lower GHG emissions reductions through CDP’s TCFD-aligned disclosures, but uses science-based targets for the first time to reach the goal of a 1.5-degree Celsius pathway.

The first financing program will use the Science Based Targets initiative (SBTi) to enable Walmart’s private brand suppliers by introducing enhanced standards, tools and capacity building to help them upskill and in turn align their operations with transparent sustainability objectives. The project includes data from CDP, a non-profit that operates an environmental disclosure system for companies, cities, states and regions, and is supported by HSBC…

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