Walmart India to remove single-use plastic shrink wrap in all its stores
So far Walmart India has retrofitted the lighting systems in all its stores with LED lights. This has reduced the stores' electricity demand by 15-20 percent, Walmart India said.BY Indian Retailer Bureau | Jul 12, 2018 | comments ( 0 ) |
New Delhi: Walmart India, the wholly owned subsidiary of Walmart Inc., has pledged to remove single-use shrink wrap used for storing merchandise and replace it with sustainable storage solutions across all its Best Price Modern Wholesale Stores in India in a phased manner. The company has already started the drive in its Best Price Stores in Maharashtra and is expanding this initiative across its stores in rest of India in a phased manner; the company said this in a statement today.
With this initiative, Walmart India will be contributing to the realization of the Government’s vision to completely eliminate all single-use plastic in the country by 2022.
“We recognize that plastic pollution is a critical issue. We also recognize that this is the joint responsibility of all - citizens, industry and government, among others, to curb plastic waste. Through this project, our endeavor is to phase out single-use plastic shrink wrap from our company’s stores across India by first quarter of 2019,” said Krish Iyer, President & CEO, Walmart India.
It added that the company is committed to managing and running its store operations sustainably by leveraging solar energy, water harvesting and recycling and energy efficient solutions. It is working with partners, to achieve significant and lasting improvement in environmental and social outcomes, in a way that also improves business.
So far Walmart India has retrofitted the lighting systems in all its stores with LED lights. This has reduced the stores’ electricity demand by 15-20 percent, Walmart India said.
In addition, it has pledged to meet a large part of its energy needs through renewable energy. Towards this, the company has completed the installation of rooftop solar panels in 17 of our Best Price stores and these are already meeting 33 percent of the store’s energy needs. Walmart India expects that solar energy will provide 40 to 50 percent of its energy needs within the next two years. It has set aggressive goal to have 100% renewable energy in its stores in few years.
As part of its ‘Bio-degradable Waste Management Project’, Walmart India installed the waste composting machine at its Best Price store in Hyderabad, making it the first store in India to be able to dispose of waste generated at the store responsibly. The waste would be recycled and reused for the green area on store premises. The waste composting machine has a capacity of handling 50 kg of waste per day and will be able to manage all the bio-waste generated at the store every day. These machines are being installed in all its stores gradually.
Walmart India owns and operates 21 Best Price Modern Wholesale stores in 9 states across India with omni-channel shopping experience. Walmart India also set up its first Fulfillment Centre in Mumbai in November 2017.
- Appointments & Recognitions
Walmart renames Scott
American retail major, Walmart has renamed Scott Price as the President and Chief Executive Officer
Hindusthan National Glass
Prospects are bright for wider acceptance of these glass bottles for personal use instead of PET and
Walmart expands online
Four out of the five best price modern wholesale stores in Punjab now have B2B eCommerce, reported
Panasonic India to up its
Starting with one solar lantern, the company wants to get into the thick of solar business by