Levi’s commits to 12-year wind power purchase
US-based denim and casualwear group Levi Strauss & Co is one of five Walmart suppliers to have agreed to the collective purchase of renewable energy generated by a Kansas-based wind farm over a 12-year period.
The agreement is expected to include roughly 250,000 megawatt hours of energy per year and thus enable speedier adoption of renewable energies, the retailer said. In working together, the partners constitute the first cohort to participate in Walmart's Gigaton PPA accelerator, designed to help circumvent (or reduce) the accumulation of one gigaton’s worth of greenhouse gas emissions from the global value chain by 2030.
The initiative falls under Project Gigaton, established by Walmart in 2017 to facilitate greater business access to renewable energy. The project has reportedly resulted in the reduction or avoidance of 574 million metric tons of carbon emissions so far, thanks to various sustainability efforts on the part of 4,500-plus suppliers.
Levi’s published its latest sustainability report earlier this month.
