Two of Europe’s biggest energy companies are taking different paths in the clean energy transition. TotalEnergies will buy Shell’s entire onshore renewable power portfolio in Europe. This deal adds hundreds of megawatts of operating capacity and a big pipeline of future projects. The financial terms were not disclosed.

The agreement includes about 500 megawatts (MW) of solar and wind projects that are already operating or under construction. It also includes a pipeline of more than 3.5 gigawatts (GW) of future renewable projects across several European countries.

The assets are located mainly in France, Spain, Greece, Italy, Ireland, Luxembourg, Portugal, the Netherlands, Romania, and the United Kingdom.

Once completed, the acquisition will strengthen TotalEnergies‘ position as one of Europe’s largest renewable power producers. The company stated that the portfolio supports its strategy, which aims to create an integrated electricity business. It combines renewable generation, battery storage, and power trading.

Stéphane Michel, President, Gas, Renewables & Power at TotalEnergies, said:

“In line with our strategy, these two transactions enable us to optimize our capital allocation in renewables while continuing to deploy our Integrated Power strategy. The acquisition of Shell’s onshore renewables assets in Europe strengthens our power generation positions in selected key deregulated markets across Europe and supports the implementation of our integrated strategy across the electricity value chain, complementing the flexible generation capacity of the gas-fired power plants of TTEP, our joint venture with EPH, particularly in Italy, the Netherlands and the United Kingdom.”

Shell and TotalEnergies Are Taking Different Paths

The deal also highlights how Europe’s largest oil and gas companies are reshaping their clean energy strategies.

TotalEnergies continues to expand. The company has made renewable electricity one of its fastest-growing businesses. It is investing heavily in solar, wind, batteries, and flexible power generation while steadily reducing the share of oil in its energy mix.

Shell is taking a different approach. Rather than expanding its renewable generation portfolio, the company is focusing on businesses where it expects higher financial returns. These include liquefied natural gas (LNG), biofuels, electric vehicle charging, and power trading.

The oil major says the sale is part of its plan to simplify its renewable power business and improve capital discipline. The move follows several portfolio changes over the past two years.

In 2024, Shell sold its 1.2 GW onshore renewable business in India. Earlier this year, it also agreed to sell parts of its renewable portfolio in South Africa. Both companies remain committed to reaching net-zero emissions by 2050, but they are choosing different routes to get there.

• SEE MORE: Shell’s $1 Billion Wind Exit: Why the Oil Giant Is Rewriting Its Energy Transition Playbook

TotalEnergies Keeps Growing Its Clean Energy Portfolio

The acquisition builds on TotalEnergies’ rapid expansion in renewable electricity. The energy giant reported over 37.4 GW of installed renewable electricity capacity worldwide by the end of the first half of 2026. The massive deals within this period bring 681% growth in its renewable power agreements. 

Then, it will expand to over 100 terawatt-hours (TWh) of annual net electricity production by 2030. And it aims to reach 75 GW by 2050.

The company also operates one of Europe’s largest renewable development pipelines. Before the Shell deal, TotalEnergies had nearly 10 GW of renewable capacity installed or being built in Europe. They also had another 27 GW in development.

Renewable electricity is becoming a bigger part of its business. During the first half of 2026, TotalEnergies generated 15% more electricity than a year earlier, driven by new solar and wind projects. Power production reached over 26 TWh, helping offset weaker oil and gas prices.

The company says that combining renewable energy with battery storage and electricity trading helps provide more reliable power. This approach also boosts returns.

• RELATED: TotalEnergies and Masdar’s $2.2 Billion Deal Signals a Big Push into Asia’s Renewable Energy Boom

Europe’s Renewable Market Continues to Grow

The timing of the acquisition reflects broader market trends. Europe is rapidly expanding renewable electricity to improve energy security and meet climate goals.

The International Energy Agency (IEA) expects renewable energy to supply almost all global electricity demand growth through 2028. Solar remains the fastest-growing source, while wind continues to expand across Europe.

The European Commission’s REPowerEU plan aims to speed up renewable deployment and reduce dependence on imported fossil fuels. The EU has set a binding target. It aims for at least 42.5% of its final energy to come from renewable sources by 2030. The goal is to eventually reach 45%.

For companies such as TotalEnergies, these policies create long-term demand for renewable electricity. For Shell, priorities have changed. Now, it focuses on businesses that can yield better returns. It also aims to support its overall energy transition strategy.

The different approaches show that Europe’s energy transition is no longer about whether companies invest in low-carbon energy. It is increasingly about how they choose to compete in a rapidly changing power market.

Why Renewable Power Is the New Energy Battleground

The deal comes as Europe’s renewable energy market keeps growing.

According to the IEA, renewable energy will provide almost all of the world’s growth in electricity demand through 2028. Solar is leading the expansion, while wind power continues to grow across Europe.

The European Union is also raising its ambitions. The updated Renewable Energy Directive sets a goal for the EU.

As more renewable power enters the grid, companies need more than just wind and solar farms. They also need battery storage, electricity trading, and flexible power systems that can balance supply and demand. That is why large energy companies are increasingly building integrated electricity businesses instead of owning only renewable assets.

Scale Is Becoming a Competitive Advantage

TotalEnergies believes bigger renewable portfolios will create long-term value. The company is combining renewable power generation with battery storage, gas-fired flexibility, and electricity trading. This allows it to sell electricity when demand and prices are highest while improving returns from its renewable assets.

Shell is following a different strategy.

The company is not investing in more renewable energy. Instead, it focuses on areas with better profits, like LNG, power trading, electric vehicle charging, and low-carbon fuels. The company says these businesses can deliver better returns while still supporting its net-zero ambition.

Both companies want to grow in the energy transition. They simply disagree on where future value will come from.

A New Chapter in Europe’s Energy Transition

The sale of Shell’s European renewable portfolio is more than a business transaction, as it highlights how the energy transition is entering a new phase. Companies are no longer asking whether to invest in clean energy. They are deciding which low-carbon businesses will generate the strongest returns over the next decade.

For TotalEnergies, buying Shell’s renewable assets strengthens its position as one of Europe’s largest clean electricity producers. The acquisition also supports its strategy of becoming a major integrated power company while advancing its goal of net-zero emissions by 2050.

For Shell, the sale reflects a more selective investment strategy focused on higher-return energy businesses.

Together, the two companies show that there is no single path to net zero. Some companies are expanding renewable generation as quickly as possible. Others are concentrating on areas where they believe they have the greatest competitive advantage.

As Europe accelerates its shift to clean electricity, both strategies will help shape the next stage of the global energy transition.

• READ MORE: Europe’s $711B Energy Shockwave: EU Launches Massive Clean Power Push to Break Fossil Fuel Dependence

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Microsoft is adding another technology to its growing carbon removal portfolio. The company has agreed to purchase up to 23,602 carbon dioxide removal (CDR) credits from U.S.-based startup CREW Carbon. The credits will come from projects that remove carbon while treating wastewater, opening a new pathway for durable carbon removal.

The agreement is small compared with some of Microsoft’s million-ton carbon removal purchases, but it highlights something bigger. The tech giant is continuing to diversify the technologies it supports.

Instead of relying only on direct air capture, biochar, or bioenergy with carbon capture and storage (BECCS), it is backing newer solutions that could scale faster and lower costs. The deal also shows that wastewater treatment may become an unexpected source of permanent carbon removal.

Phillip Goodman, Carbon Removal Portfolio Director at Microsoft, stated:

“Microsoft’s offtake agreement with CREW supports the advancement of a novel, wastewater-based approach that is highly durable and measurable. CREW has shown that carbon removal in the wastewater sector is implementable and scalable with high Monitoring, Reporting and Verification (MRV) certainty.”

Turning Wastewater Into a Carbon Sink: How It Can Lock Away Carbon for Millennia

Wastewater plants are built to treat wastewater, not to remove carbon. CREW Carbon wants to change that.

The company has developed a process that adds alkaline minerals to wastewater. These minerals react with dissolved carbon dioxide and convert it into stable bicarbonate ions that eventually flow into the ocean. There, the carbon can remain stored for thousands of years as part of the natural carbon cycle.

Unlike many engineered carbon removal systems, the process uses existing wastewater infrastructure. Utilities do not need to build entirely new plants. Instead, they can add CREW’s technology to facilities already treating municipal wastewater.

The company says the process offers another benefit. It can improve wastewater treatment performance while helping utilities lower operating costs. This year, CREW Carbon raised $25 million in Series A funding. The money will help expand its projects to more wastewater treatment plants in North America.

This makes wastewater one of several emerging carbon removal pathways now moving from pilot projects toward commercial deployment.

The agreement builds on CREW’s existing long-term carbon removal deals with major corporate buyers, including JPMorgan, Google, Autodesk, and Stripe through Frontier. Together, these commitments bring CREW’s total contracted carbon removal portfolio to more than $40 million.

Microsoft Keeps Building the World’s Largest Carbon Removal Portfolio

The latest agreement fits Microsoft’s long-term climate strategy. The company has pledged to become carbon-negative by 2030 and remove all the carbon it has emitted since its founding in 1975 by 2050. Those goals require far more than cutting emissions.

The tech giant also needs permanent carbon removal.

Microsoft’s latest carbon removal update shows it has signed contracts for over 78 million metric tons of carbon removal. This includes more than 60 projects and 10 different carbon removal pathways.

In fiscal 2025, it signed contracts for projects to remove over 45 million metric tons of carbon dioxide. These projects cover 29 initiatives across five continents and various carbon removal methods. These methods include direct air capture, biochar, reforestation, enhanced rock weathering, and BECCs.

The company states that these commitments are just a small part of the 7–9 billion metric tons of CO₂ the world needs to remove each year, which is essential to keep global warming near 1.5°C.

The tech giant has become the world’s largest corporate buyer of durable carbon removal. In 2026 alone, it signed agreements covering:

• 1 million biochar credits,
• 626,000 BECCS credits,
• nearly 37,000 enhanced rock weathering credits, and
• several direct air capture and mineralization projects.

Carbon Removal Helps Microsoft Address Rising AI Emissions

Corporate Demand Is Fueling the Carbon Removal Boom

Microsoft’s latest deal reflects a much bigger trend. Companies are buying more durable carbon removal as they work toward net-zero goals.

According to CDR.fyi, buyers contracted more than 8 million metric tons of durable carbon removal in 2025, setting another annual record. Technology companies remain the biggest buyers because they face growing emissions from AI, cloud computing, and expanding digital infrastructure.

The market still has a long way to go. The Intergovernmental Panel on Climate Change (IPCC) states that the world must remove billions of tons of CO₂ each year this century. This is needed to balance emissions that are hard to cut. The International Energy Agency (IEA) also says carbon removal will play an important role in reaching global net-zero emissions by 2050.

Investment is rising as well. McKinsey & Company estimates the carbon removal market could grow into a $1.2 trillion industry by 2050 if countries stay on track to meet climate goals.

Could Wastewater Become Carbon Removal’s Next Big Market?

Most carbon removal projects today focus on forests, biochar, direct air capture, or enhanced rock weathering. Wastewater offers another opportunity.

According to the International Energy Agency, the global wastewater sector produces about 2% of energy-related methane emissions. Methane is a strong greenhouse gas. It warms the Earth about 80 times more than carbon dioxide over 20 years, says the United Nations Environment Programme (UNEP).

Using wastewater plants to remove carbon while improving water treatment could create two climate benefits at the same time. Because thousands of wastewater treatment plants already operate worldwide, the technology may also scale faster than solutions that require entirely new facilities.

A New Frontier for Net Zero Climate Finance

Microsoft’s latest purchase is modest compared with its larger carbon removal agreements. But it highlights an important shift in the market.

The company is no longer investing only in proven technologies. It is also helping early-stage carbon removal companies move from pilot projects to commercial deployment. That strategy could speed up innovation while expanding future supplies of durable carbon removal.

For Microsoft, wastewater carbon removal adds another tool to help reach its goal of becoming carbon negative by 2030 and removing its historical emissions by 2050.

For the broader carbon market, the agreement shows that the next generation of carbon removal may come from unexpected places. Alongside forests, biochar, and direct air capture, wastewater could become another important part of the world’s effort to remove carbon permanently and achieve net zero.

• READ MORE: Puro.earth Certifies Europe’s First Biogas BECCS Project for Permanent Carbon Removal

The post Microsoft Bets on Wastewater to Power the Next Wave of Carbon Removal appeared first on Carbon Credits.

PayPal, the digital payments company, expands its climate strategy by supporting next-generation carbon removal projects. These include biochar and bioenergy with carbon capture and storage (BECCS). The investments aim to cut emissions that are hard to eliminate and support the growth of the new carbon removal market.

The move reflects a broader shift taking place across corporate climate strategies. Many companies have already reduced emissions through renewable electricity, energy efficiency, and cleaner supply chains.

As those options become harder to expand, attention is turning toward permanent carbon removal to address the remaining emissions needed to reach net zero.

Cullen Mitchell, Sustainability Manager at PayPal, noted:

“As we work toward our 2040 net-zero target, investing in high-durability carbon removals was a vital step for PayPal… [3Degrees enables our company] to confidently invest in high-integrity, diversified carbon removals that fit both our budget and our climate ambitions.”

3Degrees Builds a Diversified Carbon Removal Portfolio

PayPal is investing with 3Degrees, a climate solutions company. Their solutions help businesses cut emissions and create carbon removal portfolios.

3Degrees built a diverse portfolio for PayPal. Instead of buying credits from just one project, it spreads investment across various carbon removal technologies and locations.

The portfolio features Heartyculture Biochar in India. This process turns agricultural waste into biochar, helping lock carbon in soils. It also includes Gevo’s North Dakota BECCS facility. This facility captures carbon dioxide from ethanol production and stores it underground for good.

3Degrees says this varied approach reduces technical and commercial risks. It also helps grow the next generation of lasting carbon removal technologies.

For PayPal, carbon removal is not a replacement for emissions reductions. It is becoming the final piece of a much larger climate strategy.

Years of Emissions Cuts Set the Stage for the Next Move

PayPal has made significant progress in reducing emissions from its own operations. According to its 2025 Global Impact Report, the company has reduced its Scope 1 and Scope 2 greenhouse gas emissions by over 80% compared with its 2019 baseline.

These reductions came from:

• purchasing renewable electricity,
• improving office energy efficiency, and
• reducing emissions from its facilities and operations.

The company has also maintained 100% renewable electricity across its global data centers while continuing to improve the efficiency of its technology infrastructure.

PayPal’s long-term goal is to reach net-zero greenhouse gas emissions across its value chain by 2040. The target has been validated by the Science Based Targets initiative (SBTi) and aligns with limiting global warming to 1.5°C.

The company’s updated transition plan also sets several interim goals by 2030. These include maintaining near-zero operational emissions while reducing supply chain emissions through stronger supplier engagement and cleaner procurement practices.

Scope 3 Remains PayPal’s Biggest Challenge

Like most technology companies, PayPal has already made strong progress in cutting emissions from its own operations. Its total GHG emissions fell from 515.1 thousand MTCO₂e in 2023 to 478.1 thousand MTCO₂e in 2024. But it rose to 578.6 thousand MTCO₂e again in 2025.

Scope 1 and Scope 2 emissions remained relatively low and stable, while the increase in 2025 was driven almost entirely by Scope 3 emissions, as shown in the chart below.

According to its Climate Transition Plan, Scope 3 emissions account for about 98% of PayPal’s total carbon footprint. These emissions come mainly from purchased goods and services, capital equipment, business travel, and employee commuting.

The use of cloud computing and technology services throughout its value chain also contributes.

That means PayPal cannot reach net zero by improving only its own buildings or electricity use. It also needs suppliers to lower their emissions.

To help achieve that goal, the company is working closely with key vendors. PayPal expects strategic suppliers to measure their emissions, set science-based climate targets, and increase their use of renewable electricity. The company is also including climate performance in supplier engagement and procurement decisions.

This reflects a growing trend across the technology industry. As operational emissions continue to fall, supply chain emissions are becoming the biggest obstacle to achieving corporate climate goals.

• SEE MORE: Anthropic Joins Google, Stripe, and Shopify on a $915M Carbon Removal Push

Why PayPal Is Investing in Carbon Removal

Even with deep emissions cuts, some emissions will remain difficult to eliminate by 2040. These are known as residual emissions. PayPal will focus on high-durability carbon removal instead of just traditional carbon offsets to tackle its remaining emissions.

The company is partnering with 3Degrees, a climate solutions provider, to buy carbon removal. This will support projects that permanently take carbon out of the atmosphere.

Current investments focus on two technologies. The first is biochar, which converts agricultural waste into a stable form of carbon that can remain stored in soils for hundreds of years while improving soil health.

The second is bioenergy with carbon capture and storage (BECCS). This technology captures carbon dioxide from biomass energy production. It then stores it deep underground, stopping it from going back into the atmosphere.

PayPal states that these investments aim to boost technologies needed to achieve global net-zero goals in the coming decades.

Durable carbon removal is different from traditional carbon credits. While many credits just aim to avoid future emissions, durable carbon removal actually takes carbon out of the atmosphere. It stores this carbon for a long time.

That makes it one of the fastest-growing areas of the voluntary carbon market.

Carbon Removal Is Becoming a Bigger Climate Investment

PayPal is not alone in backing carbon removal. More companies now see carbon removal as an important tool for reaching net zero. According to CDR.fyi, buyers contracted more than 8 million metric tons of durable carbon removal in 2025, setting another annual record.

Technology companies remain the biggest buyers, including Microsoft, Google, Stripe, Shopify, and Frontier.

The Intergovernmental Panel on Climate Change (IPCC) says carbon removal will be necessary because some industries, such as aviation, shipping, and heavy manufacturing, will continue to produce emissions even after making deep cuts.

The market is also expected to grow rapidly. McKinsey & Company estimates carbon removal could become a $1.2 trillion market by 2050 as demand rises for permanent carbon removal solutions.

Carbon Removal Comes After Emissions Cuts

PayPal’s climate plan follows a clear order. The company reduces emissions first. It uses renewable electricity, improves energy efficiency, and works with suppliers to lower emissions across its value chain. Only then does it invest in durable carbon removal to address the emissions that remain.

This approach aligns with the Science Based Targets initiative (SBTi). It states that companies should focus on cutting direct emissions first; then they can use carbon removal for any residual emissions.

A New Phase of Corporate Climate Action

PayPal has already reduced its Scope 1 and 2 emissions by 80% from its 2019 baseline. Its next challenge is tackling the much larger Scope 3 emissions across its supply chain.

The company’s latest investments show how corporate climate strategies are changing. Businesses are no longer relying only on renewable electricity and energy efficiency. Many are beginning to invest in the carbon removal technologies they expect to need in the future.

For the carbon market, this is an important shift. Companies are moving beyond buying traditional offsets and helping finance the next generation of permanent carbon removal. If more businesses follow PayPal’s approach, demand for high-quality carbon removal credits could continue to grow as the global race to net zero accelerates.

• READ MORE: JPMorgan Backs Carbon Removal Growth With New Charm Industrial Deal
  

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Walmart is showing that even the world’s largest retailer can grow while cutting emissions. The company reported that it has reduced its operational greenhouse gas emissions (Scopes 1 and 2) by 25% from its 2015 baseline. This marks another step toward its goal of becoming a zero-emissions company by 2040.

The climate progress comes as Walmart continues to grow its business. The company is expanding e-commerce, investing in artificial intelligence (AI), improving automation, and building a cleaner logistics network.

Strong Earnings Support Walmart’s Long-Term Growth

Walmart continued its strong performance in the first quarter of fiscal 2027, which ended April 30, 2026. The company reported growth in total revenue and net sales. 

Sales at existing Walmart U.S. stores increased 4.1%. More customers visited stores, and shoppers also spent more during each trip. Operating income increased 5.0%, although higher fuel costs for transportation and deliveries reduced part of the gain.

Walmart’s digital business also kept growing.

Its online marketplace, advertising business, and Walmart+ membership program continue to generate higher profits. At the same time, the company is using AI, automation, and modern fulfillment centers to improve efficiency and serve customers faster.

Today, Walmart serves about 280 million customers and members every week through more than 10,900 stores and e-commerce websites in 19 countries. The company also employs over 2 million associates, making it the world’s largest private employer.

Yet, Walmart’s biggest climate challenge is still ahead.

Unlike many companies, most of Walmart’s emissions do not come from its stores, offices, or trucks. They come from the products it buys, makes, transports, and sells through one of the world’s largest supply chains.

That means it cannot reach its climate goals alone. It also needs thousands of suppliers around the world to reduce their emissions.

• RELATED: Walmart Hits $1 Trillion Milestone And Its Climate Footprint Just Got Bigger

Cleaner Stores, Trucks, and Power Are Cutting Emissions

Walmart’s business growth is happening alongside steady progress on climate. According to its latest FY2026 ESG Report, the company has reduced its absolute Scope 1 and Scope 2 greenhouse gas emissions by 25% compared with 2015.

Walmart achieved this by buying more renewable electricity, improving energy efficiency, upgrading refrigeration systems, and using cleaner transportation.

Renewable power remains one of Walmart’s biggest tools for cutting emissions.

The company continues to install solar power at its facilities and sign long-term renewable energy agreements. It is also making stores, offices, and distribution centers more energy efficient. Older refrigeration equipment is being replaced with systems that use refrigerants with lower global warming potential and consume less electricity.

By the end of FY2026, 53% of Walmart’s global electricity needs were supplied by renewable sources. This exceeds its 2025 target of 50% and moves the company closer to its goal of 100% renewable electricity by 2035.

The retail giant directly procured 35.0% of its global electricity through renewable energy contracts. Its total clean energy portfolio also reached 5,698 megawatts (MW). This includes 3,386 MW enabled through current FY2026 investments as the company works toward enabling 10 gigawatts (GW) of new clean energy projects by 2030.

Transportation is another major focus.

Walmart is testing battery-electric trucks and hydrogen fuel cell trucks. It is also expanding EV charging stations and using smarter delivery routes to reduce fuel use. These efforts support the company’s goal of operating a zero-emissions fleet by 2040.

Even with this progress, Walmart says its own operations account for only a small part of its total emissions. The much bigger challenge is Scope 3 emissions. These come from the products suppliers manufacture, package, and transport before they reach Walmart stores.

Scope 3 accounts for almost 98% of the retailer’s total GHG emissions at 635 million metric tons of CO2e. Meanwhile, Scope 1 and Scope 2 emissions represent only 2% of its entire carbon footprint, totaling only 14.4 MMT CO2e.

That is why Walmart is working closely with suppliers. Cutting emissions across its global supply chain could have a much bigger impact than reducing emissions from its own buildings and vehicles alone.

Kathleen McLaughlin, Executive Vice President and Chief Sustainability Officer at Walmart, said:

“As well, suppliers engaged through our Project Gigaton platform reported projects since 2017 expected to avoid, reduce, or sequester 1.37 billion metric tons of CO2e through 2030.”

Retail’s Carbon Challenge Starts in the Supply Chain

Walmart is not the only retailer working to lower emissions. The whole retail industry faces the same challenge. Companies must keep prices low, deliver products faster, and reduce emissions at the same time.

Most emissions do not come from stores. They come from making products, moving goods around the world, and delivering orders to customers.

According to the International Energy Agency, freight transport accounts for about 8% of global energy-related carbon dioxide (CO₂) emissions. As online shopping continues to grow, moving products efficiently while cutting emissions is becoming more important.

Retailers are also investing more in cleaner transportation. Many are adding electric delivery vehicles, improving warehouse efficiency, and using AI to plan better delivery routes. These changes help lower fuel use, reduce costs, and cut emissions at the same time.

For Walmart, this work supports both its climate goals and its long-term business strategy.

Project Gigaton Is Driving Bigger Emissions Cuts

Walmart knows it cannot reach net zero without its suppliers. That is why Project Gigaton has become one of the company’s biggest climate programs.

The initiative encourages suppliers to reduce emissions across manufacturing, farming, transportation, packaging, waste, and product design.

According to Walmart’s FY2026 ESG Report, suppliers participating in Project Gigaton have now reported almost 1.4 billion metric tons of avoided or reduced greenhouse gas emissions since the program began in 2017. That is one of the largest voluntary supply chain climate programs in the world.

The company is also working with suppliers to expand renewable energy, improve fertilizer use, protect forests, and reduce food waste.

These efforts matter because Scope 3 emissions make up the majority of Walmart’s total carbon footprint, while emissions from its own operations account for only a small share.

Can Walmart Reach Net Zero by 2040?

Walmart has made solid progress, but the hardest work still lies ahead.

The company has already reduced its operational emissions by 25% from 2015 levels. It continues to add renewable electricity, improve energy efficiency, modernize refrigeration systems, and test cleaner trucks.

Still, reaching net zero by 2040 will depend mainly on cutting emissions across its global supply chain. That will require thousands of suppliers to switch to cleaner energy, improve manufacturing, and reduce emissions from the products they sell.

However, the company is showing that growing its business while making progress on climate is possible. Revenue continues to increase. E-commerce is expanding quickly. At the same time, Walmart is reducing emissions, improving energy efficiency, and helping suppliers lower their carbon footprint.

Overall, Walmart’s latest results suggest that climate action is no longer separate from business growth. It is becoming an important part of staying competitive in modern retail.

• READ MORE: Walmart (WMT Stock) Secures 176 MW of Nuclear Energy Deal with Constellation Energy

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