[Re]Evolver: Wal-Mart's Sustainability Index Could Change Everything
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Wal-Mart has plans to measure the sustainability of every product it sells. To quote:
"The giant retailer ($406 billion in revenues in 2008) is developing an ambitious, comprehensive and fiendishly complex plan to measure the sustainability of every product it sells. Wal-Mart has been working quietly on what it calls a "sustainability index" for more than a year, and it will take another year or two for labels to appear on products. But the company's grand plan—"audacious beyond words" is how one insider describes it—has the potential to transform retailing, by requiring manufacturers of consumer products to dig deep into their supply chains, measure their environmental impact and compete on those terms for favorable treatment from the world's most powerful retailer."