Skip to content
Subscriber Only
Climate changed

Xi Has a New Signup for China’s Pollution Fight: Walmart

  • Retailer plans to reduce carbon emissions in China by 2030
  • Achieving cuts in China is ‘holy grail’ for companies: analyst
Inside A Wal-Mart Stores Inc. Outlet
Photographer: Qilai Shen/Bloomberg

Chinese President Xi Jinping has vowed to slash pollution and prioritize living standards over unbridled growth. On the other side of the globe in Bentonville, Arkansas, the world’s largest retailer is signing on.

On Thursday, Walmart Inc. committed to cutting 50 million metric tons of carbon emissions from its Chinese operations -- attempting to play good corporate citizen in a country where it’s making increasingly ambitious business investments. China is now the only nation where the retailer has made a specific emission plan public.