Wal-Mart Said to Fail its Own Post-Katrina Climate Pledge

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In the wake of Hurricane Katrina, Wal-Mart Stores Inc. pledged to rely fully on renewable energy and sell products that sustain the environment.

Eight years later, the Bentonville, Arkansas-based retailer is failing to carry out its environmental pledges, according to a report an environmental group released today. Its greenhouse-gas emissions are rising, and its share of renewable energy, measured as a percent of power it uses, lags behind rivals such as Kohl’s Corp. and Best Buy Co., according to the report.