It just may be true.
Not being a fan of Wal-Mart as a company that utilizes Corporate Social Responsibility (CSR) practices, I was pleased to read from CNet that Wal-Mart plans to label all of their products with an eco ratings score that will measure a product’s environmental friendliness and impact.
This is huge.
Imagine how many people shop at Wal-Mart and how many products the retail giant carries.
Now imagine how many of these product makers and companies will scramble to increase their eco rating and allow consumers to see how they really measure up, all in a language that’s easy for people to understand while shopping.
And then, can you imagine now, how many other retailers (large and small) will want to do the same?
The potential for widespread environmentalism from huge corporations is definitely huge.
The potential for wiping out companies may also be huge. Think about large corporate polluters like Monsanto – how will they fare in the end?
I suppose the answer to that question lies on the shoulders of consumers. What are we willing to let go of and what are we willing to do to our environment in the name of say, a weed-free lawn?
In any case, I applaud Wal-Mart for taking this huge step in providing consumers with up-front knowledge of the products we buy. I know this will be a great help to me when making my everyday purchases.
Hopefully it will make my buying more efficient because I won’t spend as much of my time searching the labels for hidden nasties!