Tuesday, February 15, 2022

CNBC: Walmart tests ways to ditch single-use plastics, as climate advocates urge the retailer to go faster

CNBC: RETAIL Walmart tests ways to ditch single-use plastics, as climate advocates urge the retailer to go faster  https://www.cnbc.com/2022/02/15/walmarts-inhome-hunts-for-ways-to-ditch-single-use-plastics.html


"Wall Street, lawmakers and consumers have put pressure on publicly traded companies to set lofty sustainability goals. A growing number of states, major U.S. cities and countries are banning or charging fees for single-use plastics. Consumers, particularly millennials and Gen Zers, are paying more attention to companies’ environmental impact. And investors are considering environmental, social and governance policies as a factor when deciding when to buy or sell a company’s stock."


“Most customers want to do the right thing; they want to lead a more sustainable life,” Ewing said. “But as a retailer, we have to make it easy for them. If it’s too complex, too hard, they’re not going to do it. So we have to figure out how can we build this into the flow of their regular shopping experience and take out the pain points for them.”

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