Wednesday April 30th, 2014 - 11:07AM
Walmart announced that it has joined forces with CEOs from more than a dozen global companies to sign new commitments to accelerate innovation in recycling and sustainable agriculture. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, which the retailer characterized as a three-day collaboration to expand the availability of products that sustain people and the environment that included participants such as Monique Oxender, senior director, sustainability, Keurig Green Mountain, Inc.
Among the proposals set for discussion at the event is a recycling initiative called the Closed Loop Fund. The effort's goal is to make recycling available to all Americans by generating a $100 million recycling infrastructure project investment and encouraging private and public funding for recycling system improvement in the United States.
“Walmart and our suppliers recognize that collaboration is the key to bringing sustainable solutions to all of our customers,” said Doug McMillon, Walmart Stores president and CEO, “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 the retailer, other executives and activists joining McMillon and Walmart executives in Bentonville, included:
- John Bryant, CEO and president, Kellogg Co.
- Rob Gehring, global account leader, The Coca-Cola Co.
- Hugh Grant, chairman and CEO, Monsanto.
- Fred Krupp, president, Environmental Defense Fund.
- Kees Kruythoff, president, North America for Unilever.
- A.G. Lafley, chairman of the board, president, and CEO, Procter & Gamble.
- Roberto Marques, company group chairman, Johnson & Johnson Consumer Family of Companies, North America.
- Denise Morrison, president and CEO, Campbell Soup Co.
- Indra Nooyi, chairman and CEO, PepsiCo.
- Greg Page, executive chairman of the board, Cargill.
- Ken Powell, chairman and CEO, General Mills.
- Carter Roberts, president and CEO, World Wildlife Fund.
- Peter Seligmann, chairman, CEO and co-founder, Conservation International.
- Rick Smith, president and CEO, Dairy Farmers of America.
- John Weinberg, vice chairman and co-head of the Investment Banking Division, The Goldman Sachs Group.