BUSINESS
03/28/2008 02:45 am ET Updated May 25, 2011

Clinton Praises Wal-Mart's Environmental Practices

President Clinton is highlighting the efforts of Wal-Mart to safeguard the environment, saying the company's practices could be a template for growth in developing countries.

Sharing the stage with the chief executive of Wal-Mart, H. Lee Scott, during the opening session of the Clinton Global Initiative yesterday, the former president said that if the company -- long criticized by Democrats for its labor and health insurance practices -- generates wealth and jobs while reducing its carbon footprint, "then other businesses will follow suit."

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