WalMart's Acres for America

Wal-Mart, the U.S. based retail giant, voluntarily introduced a program to permanently protect an acre for every acre of land developed for its stores. Although offset in nature, there is no specific intention to match the offset with the type or quality of habitat impacted by development. $35 million was pledged for land acquisition to offset development of store footprint.

Program Statistics

Date Established: 2005 Status: Active Program Type: One-Off Offset
About the program:
Annual size of program (area): 103,000 (acre) Year of Data: 2008
Cumulative size of program (area): 412,000 (acre) Years of Data: 2005 - 2008
Annual payments of program (US$): 3,500,000 Year of Data: 2008
Cumulative payments of program (US$): 35,000,000 Years of Data: 2005 - 2015
Notes on program size or payments:

Cumulative payment is the total amount that the company has committed to spending over a 10 year timeframe (2005-2015).

Species or habitat types (if applicable):
Notes: http://walmartstores.com/pressroom/news/10225.aspx
Bank regulator information: N/A - voluntary Last Updated: September 23, 2010