Walmart has said it is likely to miss a target it set to reduce planet-warming emissions by the end of the decade, blaming obstacles in energy policy, infrastructure and the availability of low-carbon technologies.
The US-based retailer is the world’s largest company by revenue, making it an influential corporate leader, but joins a range companies to have acknowledged they cannot meet their pledges.
Walmart promised to cut greenhouse gas emissions from its own operations by 35 per cent in 2025 and 65 per cent in 2030, compared with the levels in 2015. But in an update published this week, Walmart said neither date appeared to be in reach and its progress was delayed.
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