Major corporations, including Walmart, have come together in support of tough sustainability standards. As a result, these companies have saved billions of dollars:
“The 115 members, representing $3.3 trillion in procurement spending, made disclosure requests to 11,692 suppliers asking for information related to climate change, deforestation and water use, and the report is the product of 5,600 responses. 43% of members confirmed they ban existing suppliers based on environmental factors, and an additional 30% are considering this practice for the near future.”
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