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Restoring Nature–Taking a Regenerative Approach

With Patron Programming SponsorCopy of Walmart Color - Restoring Nature–Taking a Regenerative Approach

 

Speakers:
Kathleen McLaughlin, Executive Vice President, Chief Sustainability Officer and President of the Walmart Foundation, Walmart Inc.
Carter Roberts, President and CEO, World Wildlife Fund

We have observed recently, began Carter Roberts, President & CEO of the World Wildlife Fund, the emergence of nature as a fundamental issue in climate change but also in and of itself. Corporations like Walmart play a crucial role. Kathleen McLaughlin, Executive Vice President, Chief Sustainability Officer and President of the Walmart Foundation at Walmart Inc., explained that Walmart has understood for years that nature needs to be elevated to the same priority as climate change and the circular economy. 

It makes business sense, she continued, because nearly everything Walmart sells has its start in nature. The company works to educate and assist suppliers on conservation, restoration, and basic steps around certification, philanthropy, transparency, and traceability. Their ultimate goal, McLaughlin said, is to make the affordable choice the sustainable choice.

Building on the idea of conservation, Roberts discussed WWF’s efforts in the Northern Great Plains, creating restorative programs that deliver healthy grasslands. McLaughlin noted that policy, business, and expertise from civil society are all needed to transform systems of production for justice and sustainability. These result in clear economic gains, positive environmental outcomes, and social benefits. Roberts ended by explaining that as we more deeply understand the planet we see that nature has to stay intact in order to maintain the fundamental underpinnings of society and business. 

Key takeaways & next steps:

  • Nature is part of our climate crisis but independent from it. We need to recognize how deeply they are intertwined.
  • Businesses have an important role to play in helping to conserve habitats on land and in the sea. Working to educate suppliers and stakeholders along the value chain is a crucial step in promoting conservation and responsible stewardship.

“As a retailer, almost everything we sell comes from nature […] we want this work and advocacy of nature to be the norm.”

 

Kathleen McLaughlin, Executive Vice President, Chief Sustainability Officer and President of the Walmart Foundation, Walmart Inc.

“The loss of nature is huge and accelerating […] Project Gigaton and our work with Walmart is always a cross-sectoral collaboration.”

 

Carter Roberts, President & CEO, World Wildlife Fund