Gwen Ruta, Vice President for Corporate Partnerships at Environmental Defense Fund discusses the risks and opportunities of working with big corporations on their environmental policies.
The opportunities outweigh the risks. She says: “The horror of the BP oil disaster is the scope and impact that it’s having on the Gulf coast. Yet Fortune 500 companies, precisely because of their large scope and impact, can also use their leverage for good. EDF, for example, works with Walmart. The retail giant is hardly a darling among Progressives, but it provides unparalleled leverage in the consumer goods supply chain. If Walmart adopts higher environmental standards for product design and packaging, say, then those standards very quickly change operations at hundreds of thousands of factories around the world.”