Walmart Inc. said Thursday it will give its U.S.-based suppliers greater access to renewable energy through a collaboration with Schneider Electric.
The Bentonville-based retailer and the energy management firm will work on an initiative to educate Walmart suppliers about buying renewable energy through aggregate power purchase agreements. The program aims to speed up suppliers' adoption of renewable energy, the companies said in a news release.
The Gigaton PPA Program supports Walmart's Project Gigaton, which seeks to eliminate one gigaton of carbon dioxide emissions from the company's global value chain by 2030. To date, suppliers have reported reaching more than 20% of that goal.
Schneider Electric's Energy & Sustainability Services, which will run the program, has advised companies including Walmart on renewable energy purchases.