Wal-Mart's Green Horizon: Coming to A Supplier Near You?

• "Wal-Mart buys locally in two dozen states, striving to reduce "food miles" to save shipping costs and increase freshness".
• In developing a green strategy, Wal-Mart began "pulling ideas from everywhere" in what was termed an "open source approach".
• A management consulting firm, BluSkye, according to Fortune, spent nearly a year measuring Wal-Mart's environmental footprint. "Fairly quickly, the environmentalists [consultants] spotted waste that Wal-Mart's legendary cost cutters had overlooked". Oops.
• Wal-Mart " stock has fallen by 30% since Scott took over as CEO in January 2000".
• "The environmental campaign that Scott admits started out as a "defensive strategy" was, in his view, "turning out to be precisely the opposite." His people were feeling better about the company. They were saving their customers money".
Wal-Mart's Green Horizon: Coming to A Supplier Near You?
Fortune Magazine's August 7, 2006 issue has an 8-page cover story titled "Wal-Mart Saves The Planet". Even if you've read the many posts TreeHugger has had on Wal-Mart within the last year, this story offers some insights you won't find