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Wal-Mart Chief Pledges to Go Greener

In a speech that promised widespread improvement and reform throughout Wal-Mart and its supply chain, Wal-Mart CEO H. Lee Scott, Jr., pledged to cut the energy used by many of its company’s products 25 percent, reports the New York Times. “We live in a time when people are losing confidence ... Read more »

Firms Investing in Greener China

The U.S. government is sponsoring a program that pays American and other environmental-services companies to reduce emissions from China’s factories, according to this WSJ report. The program, known as P2E2 (pollution prevention and energy efficiency) works like this: Banks and equity investors provide loans to environmental and energy service companies ... Read more »

‘Green Quotient’ Impacted Holiday Shopping

The planet’s wellbeing and global manufacturing issues increasingly figured into consumers’ spending decisions during the holiday season, according to the 2007 Annual National Shopping Behavior Survey by audit, tax and advisory firm KPMG LLC, Marketing Charts reports. Most holiday shoppers surveyed expressed a willingness to pay more for eco-friendly gifts ... Read more »

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