Retail giant Walmart announced Friday a five-year plan to get suppliers to reduce overall packaging by 5 percent.
In addition to preventing millions of pounds of trash from reaching landfills, the initiative is projected to save 667,000 metric tons of carbon dioxide from entering the atmosphere. This is equal to taking 213,000 trucks off the road annually, and saving 323,800 tons of coal and 66.7 million gallons of diesel fuel from being burned. This initiative will also create $10.98 billion in savings, just from a 5 percent reduction in 10 percent of the global packaging industry. Wal-Mart alone is poised to save $3.4 billion.
Read the complete press release here.