Why Wal-Mart Stores, Inc. (WMT) Isn’t the Worst

Page 1 of 2

The list of Wal-Mart Stores, Inc. (NYSE:WMT)‘s shortcomings is vast, and I won’t be disputing any of them today. Instead, I’m offering up three Wal-Mart Stores, Inc. (NYSE:WMT) initiatives that actually do some good for society. Whether they are enough to mitigate the company’s reputation in any meaningful way remains up to the individual, of course, but these are important efforts and worth some acknowledgment.

Wal-Mart Stores, Inc. (NYSE:WMT)

1. On-site green power generation
Wal-Mart ranks first among U.S. companies for on-site green power generation. While Intel Corporation (NASDAQ:INTC) lays claim to impressive statistics like “100% green power use”, it achieves that percentage primarily by buying renewable energy credits. Wal-Mart has 180 renewable energy projects around the world, including more than 150 solar installations and 26 fuel cell projects. The company’s goal for 2013 is to bring solar power to 100 more store sites. Solar City does the bulk of the Wal-Mart Stores, Inc. (NYSE:WMT)’s installations, if investors are interested in that angle.

Wal-Mart is currently testing several other renewable initiatives, including large-scale wind projects, micro-wind projects, and solar water heating.

A wind turbine in California. Source: Wal-Mart.

Make no mistake, Wal-Mart Stores, Inc. (NYSE:WMT) is doing this to save on energy costs, but the money that the company is plowing into renewables spurs innovation and will bring the costs of these technologies down for all of us.

2. Building efficiency
It costs $400 billion every year to power America’s commercial buildings and manufacturing centers. It’s no surprise then, that electricity costs are the second-highest operating expense at most Wal-Mart Stores, Inc. (NYSE:WMT) locations. Energy is not only expensive, but power generation is extremely dirty, accounting for more than 33% of all greenhouse gas emissions in 2011. So, what is Wal-Mart doing to cut costs and lower its carbon footprint?

First, it’s converting as much lighting as possible to LED. The company first made the move to LED in 2005 when it teamed up with General Electric Company (NYSE:GE) to outfit its freezers in a Texas store. Upon discovering the new lights cut energy consumption there by 70%, Wal-Mart Stores, Inc. (NYSE:WMT) decided to implement the changes companywide. From there, its taken LED savings to the next level, and the lights now appear on the sales floor and out in the parking lots.

Remember that as a building becomes more efficient, the rooftop solar panels can account for a greater percentage of the store’s power.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!