- Walmart Inc WMT announced that Walmart Canada will purchase the largest known quantity of beef from certified sustainable Canadian farms and ranches.
- The company expects beef purchased through the commitment will support the environmental, social, and economic sustainability of Canadian farmers and ranchers.
- The operations of the ranchers are certified through a third-party audited system, under sustainability standards set by the Canadian Roundtable for Sustainable Beef (CRSB).
- Walmart Canada plans to purchase around 1.5 million pounds of beef from CRSB Certified sustainable farms and ranches over the 2022 calendar year.
- Price Action: WMT shares closed higher by 0.73% at $137.62 on Wednesday.
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