Showing posts with label walmart. Show all posts
Showing posts with label walmart. Show all posts

Tuesday 8 April 2008

Walmart And China


The figures for Walmart and China are colossal. The United States' ability to voraciously consume, coupled with China's unsurpassed capability to produce has led to the fastest input output game in history with considerable impact on the planet's resources. There are still many people who would rather ignore the moral impact of our work without knowing that there are ways to square the circle, but it takes some thinking, and some conviction otherwise there really is no point just gushing 'awe' at cute babies and bunnies and things because that's just programming on your amygdala which you can overcome with your selfish gene and get on with the business of senseless consumption.

John Grant has done a much more courageous job of showing the way forward with his excellent book The Green Marketing Manifesto and also his blog Greenormal which is a must-read for those who like the communications business and dig frugality dictated by the brutal logic of finite resources.

Some time back, we talked on his blog if Walmart or M&S would insist on environmental standards in the distribution and supply chain, it would have an impact on both China and the rest of the world. If you're not sure how this works, it's enough to know that Walmart single handedly pushed the world into using barcodes when insisting on its suppliers using them.

The same applies for pretty much anything else they put their mind to.

Now Walmart are famous for being miserly with suppliers and parsimonious at best with employees but there is a strong Christian ethic that runs through the organisation and its values, which when misguided are unpleasant but when constructive can be a force for good.

Following on their news last year to become the largest purchaser of solar panels ever, thus creating economies of scale for others, I read today in the essential China Digital Times that they are making a push in October for all their Chinese suppliers to follow environmental and sustainability guidelines. This will likely be a future trend for China and its suppliers, but if embraced can drive wealth creation that is not at the expense of the planet and is surely the single largest opportunity for making money in our lifetimes by rewiring the economy for sustainability. Anything else is just loose change isn't it?