19 Apr '12, 1pm

Why Walmart's better supplier scorecard is a big deal

Why Walmart's better supplier scorecard is a big deal

[Editor's note: Read more about Walmart's Global Responsibility Report and sustainability announcements this week in "Walmart creeps forward on its sustainability goals " and "How much of a difference can Walmart really make? "] Walmart (NYSE: WMT) is poised to transform the sustainability and retailing world -- again -- with a significant expansion of its highly influential supplier scorecard program. This week in a webinar and its Global Responsibility Report, Walmart announced that it will broaden its initial 15-question scorecard to 100 major categories, with category-specific questions, by the end of this year. When Walmart introduced its initial scorecard, tens of thousands of suppliers increased their investments in sustainability. This expanded scorecard promises to have an even bigger impact. Not only will it shift the landscape for Walmart suppliers, but it also ...

Full article: http://www.greenbiz.com/blog/2012/04/19/why-walmarts-bett...

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