There was a lot of buzz yesterday about Walmart's launch of its Sustainability Product Index but some are already addressing it as just a hype as doubts about its feasibility lingers especially within the supply chain community.
The goal of the index is to set standards and metrics on the sustainability of each product Walmart sells, from how they're made, how they're distributed to how they're disposed, so Wal-Mart in the long run can calculate and post an eco-rating for each item.
Wanna know how much greenhouse gas emissions your computer (that you bought from Walmart) emitted during its manufacture? You'll probably know in the next few years.
The company will introduce the initiative in three phases, beginning with a survey of its more than 100,000 suppliers around the world. Questions in the survey will focus on energy and climate; material efficiency; natural resources, and; people and community.
More on this post...