LAGUNA NIGUEL, Calif.--Wal-Mart Stores pushed forward with a risky sustainability initiative at a time when its public image was suffering. But ultimately the company's rationale for "going green" was purely economic, according to former CEO Lee Scott.
Lee Scott, chairman and former CEO of WalMart.
(Credit: Martin LaMonica/CNET) Over the past five years, Wal-Mart has put in place a number of initiatives including renewable energy at stores, reducing waste in packaging, and creating a sustainability index of its suppliers. Its actions have raised suspicions and admiration from outsiders, politicians, and employees.
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