CSR of walmart
Evaluating CSR of Walmart
Walmart founded by Sam Walton in 1962 is a multinational retail corporation, with the opening of the first Walmart discount store in Rogers, Arkansas (US). As the nation’s largest retailer and second largest corporation, Walmart has the significant influences on the retail world. It offers to its customers a one-stop shopping experience because it has a full offering of groceries and general merchandise in a single store. Now Walmart consists of over 110,000 stores and 2.2 million sales associates in 27 countries. Also, Walmart promises her customers: “Saving people money so they can live better.” It provides low prices to her customers and high return on investment to its stockholders.
Focusing on the corporate social responsibility, Walmart is doing well in environment responsibility, country responsibility and local responsibility. Viewing Walmart’s 2013 Global Responsibility Report, Walmart now utilizes Sustainable Value Networks (SVN) to help integrate sustainable practices into all parts of their business, mainly concentrating on renewable energy, sustainable facilities, sustainable transportation and operations waste and recycling. Walmart is progressing toward its goal of being supplied 100 percent by renewable energy. At the end of 2012, Walmart had more than 280 renewable energy projects in operation or under development. These projects provide Walmart more than 1 billion kilowatt hours of renewable electricity annually – enough to power more than 95,000 American homes. Also, it has made strong progress on its commitment to generate zero waste to landfill, reduce one-time-use bag waste. This achievement alone had the potential to prevent more than 11.8 million metric tons of CO2 emissions annually, the equivalent of taking more than 2 million cars off the road.
As for the company responsibility, Walmart is committed to engaging all its stakeholders, both internally and externally, to become the most
Walmart founded by Sam Walton in 1962 is a multinational retail corporation, with the opening of the first Walmart discount store in Rogers, Arkansas (US). As the nation’s largest retailer and second largest corporation, Walmart has the significant influences on the retail world. It offers to its customers a one-stop shopping experience because it has a full offering of groceries and general merchandise in a single store. Now Walmart consists of over 110,000 stores and 2.2 million sales associates in 27 countries. Also, Walmart promises her customers: “Saving people money so they can live better.” It provides low prices to her customers and high return on investment to its stockholders.
Focusing on the corporate social responsibility, Walmart is doing well in environment responsibility, country responsibility and local responsibility. Viewing Walmart’s 2013 Global Responsibility Report, Walmart now utilizes Sustainable Value Networks (SVN) to help integrate sustainable practices into all parts of their business, mainly concentrating on renewable energy, sustainable facilities, sustainable transportation and operations waste and recycling. Walmart is progressing toward its goal of being supplied 100 percent by renewable energy. At the end of 2012, Walmart had more than 280 renewable energy projects in operation or under development. These projects provide Walmart more than 1 billion kilowatt hours of renewable electricity annually – enough to power more than 95,000 American homes. Also, it has made strong progress on its commitment to generate zero waste to landfill, reduce one-time-use bag waste. This achievement alone had the potential to prevent more than 11.8 million metric tons of CO2 emissions annually, the equivalent of taking more than 2 million cars off the road.
As for the company responsibility, Walmart is committed to engaging all its stakeholders, both internally and externally, to become the most
Cited: 2013 Walmart Global Responsibility Report-Walmart Corporate The good, the bad and Walmart-Workplace Fairness Why you should dump Walmart-The Motley Fool, John Bromels, 2014 Walmart 2011 Sustainability Report-Walmart Corporate Walmart Highlights Progress in 2014 Global Responsibility Report-Walmart Corporate