N O TI C Regeneration of natural resources: U D O NTR Forests, land, oceans I Y T Many of the products we sell are derived from or depend on nature. We aspire to operate I N TU our business in a way that regenerates natural resources, with a goal to help to conserve, R O P restore, or more sustainably manage at least 50 million acres of land and 1 million square P O miles of ocean by 2030. Our nature initiatives focus on grasslands, forests and seascapes that >$14 million Y have high value for nature, relate to our product sourcing footprint and afford opportunities invested by Walmart and T I IL the Walmart Foundation B for Walmart, our suppliers, or NGO collaborators to influence change. A to help preserve IN A irreplaceable landscapes ST U S SETTING PRIORITIES We encourage our suppliers to source certain commodities— in FY2021 & FY2022 Y In 2020, we identified critical landscapes and seascapes that including palm oil and seafood—in accordance with certifications IT have high value for nature, relate to our product sourcing that support our nature-related goals. N U footprint and afford opportunities for Walmart, our suppliers, We encourage suppliers to pursue nature initiatives and report M OM or NGO collaborators to influence change. Those areas are on their progress, including through Project Gigaton™’s Nature C grasslands, forests and oceans. pillar. As of the end of FY2022, more than 550 suppliers were Y reporting progress through the Nature pillar (for example, our T I SUSTAINABLE SOURCING fresh beef suppliers report implementing sustainable grazing R G management practices on over half a million acres). E As a retailer, we believe product sourcing can play a major role NT I in achieving our nature goals. We set sourcing specifications We also support supplier efforts to source more sustainably & S and aspirations through policies and position statements (for by providing resources and knowledge-sharing opportunities. C I TH example, Forests Policy, Seafood Policy, Sustainable Row Crop Our Sustainability Hub houses guidance and playbooks and E Position Statement and Walmart U.S. Pollinator Health Position). connects suppliers to place-based projects. Since 2020 we have 32
ESG Report | Walmart Page 31 Page 33