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Walmart’s Project Gigaton asks suppliers to collectively eliminate
1 Gigaton of Emissions by 2030
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In two years, GE Lighting has helped pave the way to shave 1.2
billion kWh of electricity use in consumer homes in collaboration with
Walmart*
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By switching customers from traditional to LED bulbs over the past
two years, shoppers will save more than $2 billion collectively over
the life of the LED bulbs**
GE Lighting has helped pave the way to shave 1.2 billion kWh of
electricity use in consumer homes by converting Walmart shoppers from
traditional light bulbs to energy-efficient LEDs over the last two
years.* Not only has this shift supported Walmart’s Project Gigaton, a
Walmart supplier initiative aimed at reducing greenhouse gas emissions
by one gigaton by 2030, the shift is also leaving a measured impact on
consumer’s energy expenses.
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GE Lighting Helps Walmart on Sustainability Goals, Converts Shoppers to LED (Graphic: GE)
By switching customers from traditional to LED bulbs over the past two
years, shoppers will save more than $2 billion collectively over the
life of the LED bulbs.** LEDs use 70 to 90 percent less energy than
traditional lighting options and last 15 to 25 times longer. GE Lighting
encourages consumers to use October, Energy Action Month, as motivation
to make the switch. To help, GE offers more than 100 energy-saving LED
products at Walmart, including 36 ENERGY STAR LEDs, all $2 to $4 bulbs;
ensuring consumers can make the switch to an ultra-efficient LED at
every-day low prices.
“Walmart is expanding its assortment of more-sustainable products from
brands our customers love,” said Laura Phillips, Walmart’s Senior Vice
President for Global Sustainability. “GE Lighting is demonstrating that
innovative suppliers can deliver high-quality, sustainable products as
part of the Walmart everyday low price promise.”
“GE Lighting is proud to support Walmart’s sustainability efforts as we
help consumers shift to energy-saving LEDs,” says Daraius Patell, North
American Consumer Leader, GE Lighting. “Today LEDs are available for
every socket in every room of the home, and while LEDs now eclipse sales
of all other technologies combined, about 70 percent of residential
lighting sockets still contain a non-LED bulb. This means consumers are
missing out on the energy-savings and long-life of LEDs, changing bulbs
out more than they need to be and missing out on opportunities to reduce
greenhouse gas emissions.”
GE’s commercial LEDs from Current, powered by GE, also are being used
across Walmart stores and facilities, from refrigerated display cases to
parking lot and interior lighting. This LED initiative supports
Walmart’s science-based target to reduce emissions in its own operations
by 18 percent by 2025. As part of an ongoing commitment to energy
efficiency, Walmart has installed more than 1.5 million LED fixtures
across more than 6,000 stores, parking lots, distribution centers and
corporate offices in 10 countries. With energy costs traditionally
representing one of the company’s largest operating expenses, the
monumental energy initiative over the past decade has reduced lighting
energy consumption and reduced costs by more than $100 million.
About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming
industry with software-defined machines and solutions that are
connected, responsive and predictive. GE is organized around a global
exchange of knowledge, the "GE Store," through which each business
shares and accesses the same technology, markets, structure and
intellect. Each invention further fuels innovation and application
across our industrial sectors. With people, services, technology and
scale, GE delivers better outcomes for customers by speaking the
language of industry. www.ge.com
*Represents kWh energy saved over the life of each GE LED sold at
Walmart from 2016-2017 vs. a comparable halogen or incandescent product.
**Lifetime energy savings of GE LED bulbs vs. comparable halogen or
incandescent bulbs sold at Walmart from 2016-2017.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181004005386/en/
Copyright Business Wire 2018
Source: Business Wire
(October 4, 2018 - 9:00 AM EDT)
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