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

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 Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

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!