Wal-Mart to Fund Environmental Research at Univ. of Arkansas

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Wal-Mart to Fund Environmental Research at Univ. of Arkansas

08/30/2007
BENTONVILLE, Ark. -- In its latest commitment to sustainability, Wal-Mart Stores, Inc. said it has pledged to donate $1.5 million to the University of Arkansas Applied Sustainability Center to fund projects related to advanced research on greenhouse gas emissions, agriculture, and environmental education.

"Our gift to the University of Arkansas is a part of Wal-Mart's Sustainability 360 approach to addressing the environmental challenges of the 21st Century," said Doug McMillon, e.v.p. Wal-Mart, president and c.e.o. Sam's Club. "We understand the need to take sustainability beyond reducing our direct environmental footprint."

The center, which is an interdisciplinary initiative of the Sam M. Walton College of Business, will focus on conducting two projects.

The first project will be collaboration with leading experts in carbon reduction to research methods for reducing embodied fossil fuels in products. For the second project, the center will partner with the University of Arkansas Dale Bumpers College of Food, Agriculture, and Life Sciences to hold working sessions with specialists to identify and discuss sustainability issues in the agriculture industry.