Walmart and Schneider Electric, an energy management and automation specialist, have partnered to provide increased access to renewable energy for the company’s suppliers based in the U.S.
The companies have developed the Gigaton PPA Program to educate Walmart suppliers about renewable energy purchases and accelerate renewable energy adoption by participating suppliers through aggregate power purchase agreements. The program directly supports Walmart’s Project Gigaton, which aims to remove one billion metric tons of carbon dioxide from Walmart’s global value chain by 2030. To date, more than 2,300 Walmart suppliers from 50 countries have become part of Project Gigaton. Suppliers have reported a cumulative 230 million metric tons of avoided emissions since 2017, more than 20% of the goal, through energy, waste, packaging, agriculture, forests and product use and design.
The GPPA program works by educating participants on the renewable energy market, providing guidance on the projects and bringing together interested companies to contract for renewable energy as a group, leveraging combined size to achieve economy of scale. Walmart will serve as the organizer for the program, inviting suppliers to join. The company has collaborated with Schneider Electric’s Energy & Sustainability Services to run the program.
“The Gigaton PPA Program is the kind of innovation-in-action needed to help our suppliers take the next step towards low-carbon emissions, helping to build a more sustainable future for our communities,” said Zach Freeze, Walmart senior director/sustainability at Walmart. “Through Schneider Electric’s work with our suppliers, the program aims to democratize access to renewable energy and accelerate its use with our supplier base.”