Walmart, Schneider Partner On Renewable Energy

Walmart Inc. and Schneider Electric are collaborating to increase access to renewable energy for Walmart's U.S.-based suppliers, enabling them to lead on climate action. The initiative, called the ‘Gigaton PPA (GPPA) Program,’ is designed to educate its suppliers about renewable energy purchases and accelerate renewable energy adoption by participating suppliers through aggregate power purchase agreements (PPA). The program directly supports its ‘Project Gigaton,’ which aims to avoid one gigaton (one billion metric tons) of carbon dioxide from Walmart's global value chain by 2030. To date, more than 2,300 suppliers from 50 countries are participating in the project. Suppliers have reported a cumulative 230 million metric tons of avoided emissions since 2017 – more than 20 per cent of the goal – through energy, waste, packaging, agriculture, forests, and product use and design. The collaboration with Schneider Electric's Energy & Sustainability Services (ESS) uses Schneider Electric's ‘NEO Network,’ a global collaboration platform and community of more than 300 corporate renewable energy purchasers and solution providers. Schneider's team of renewable energy experts will engage participating Walmart suppliers and facilitate a multi-phase education and project selection process to advance supplier progress towards the execution of aggregated renewable energy purchases.