Business sectors |
Retailing |
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Founded in |
1962 |
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Headquarters |
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Operating in |
15 countries |
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Employees |
1.8 million |
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Most Important Mergers |
From the 1970s onwards the company
has made many acquisitions mostly in the |
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Department |
Corporate Communications |
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Contact
name |
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Address |
Wal-Mart Stores, Inc. |
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Phone |
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E-mail |
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www |
Company View of CSR
Motivation
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Wal-Mart is a neighbour and
citizen in thousands of communities across the |
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Initiator
of CSR Activities |
- |
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Positive Effects of CSR |
Community partnerships and good working relationships help the company
to grow responsibly and intelligently along with stronger communities. |
CSR Strategy: Focus, Implementation
& Budget
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CSR Focus |
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Focus Change |
- |
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CSR Implementation |
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CSR Integration |
CSR strategy is integrated into
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CSR
Priorities |
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Governance |
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CSR
Representative Reporting to |
The Board |
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CSR Budget |
In 2005 Wal-Mart donated more than $245 million to help charities and
other |
Impact of CSR on stakeholders measured by |
e.g. surveys, external auditors, rankings |
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Impact of CSR on Wal-Mart as a company measured by |
Impact on public attitudes/trust e.g. rankings |
Selected CSR Projects at Wal-Mart
Wal-Mart's CSR activities stretch across its people, the community and the environment. The company recognises its responsibility to help sustain the communities in which it operates. Wal-Mart focuses on environmental sustainability as it is a key to improve the quality of life for people around the world; other areas include its employees as well as community projects.
Full details of the company's community and environmental commitments and related activities can be found on the company's website: www.walmartstores.com
1. Environment
As a large international company Wal-Mart is aware of its impact on the environment and the ongoing changes and challenges with which businesses are faced in a fast changing world. Wal-Mart has launched a company-wide, long-term initiative to adapt its business practices in relation to environmental restoration and sustainability. Some of the company's goals include: relying 100% on renewable energy, creating zero waste and selling products that sustain resources and the environment.
Recent activities include an initiative to reduce packaging from 2008 onwards.
Wal-Mart is looking for suppliers who are able to develop new packaging and
conserve natural resources at the same time. Through this initiative the
company aims at reducing packaging by 5%. In addition to reducing millions of
pounds of trash the initiative also decreases carbon dioxide emissions.
2. Community
In addition to its commitment to the Children's Miracle Network and job creation initiatives the company engages in activities covering topics such as education, children or volunteering. Through its community giving scheme the company supports literacy programs and community scholarships and makes contributions to many national and international organisations and networks such as the American Cancer Society, the American Red Cross, the National Fish and Wildlife Foundation or the
In times of disasters Wal-Mart provides resources to help affected communities
by making cash donations to local charitable organisations such as the American
Red Cross or providing victims with necessary supplies.
Military
Families Outreach Project
On August 1st 2006 Walt-Mart started its Military Family project
with Sesame Workshop, a not-for-profit organization focusing on educational
projects for children around the world. Wal-Mart and Sesame Workshop distribute
bilingual, multi-media outreach kits entitled Talk, Listen, Conncet: Helping Families
During Military Deployment.
Due to an overwhelming response to the project and feedback from Talk, Listen, Connect's advisory board, Wal-Mart has donated an additional $575,000, for a total of nearly $1.5 million in funding.
3. People
Wal-Mart's commitment to diversity enables the company to better serve its customers and to establish a positive work environment for its employees. The company has established a set of diversity goals and supports its employees and associates through diversity and inclusion trainings, scholarship programs and other events and programs.
Scholarship Programs
Wal-Mart offers several scholarship programmes to increase diversity in specific areas of work. Through the UNITY Scholarships Programme the company offers scholarships to minority college journalism students to increase diversity in the newsrooms around the country. The Wal-Mart Foundation, in cooperation with the SAM'S CLUB Foundation, will run this three year programme with a financial commitment of $500,000. Through this initiative ten universities will receive financial support for their journalism programs.
Why Are These CSR Projects Important?
Future CSR Issues According to Wal-Mart
Research on future CSR activities: -
Contacts for CSR Publications
Department
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Corporate Communications |
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Wal-Mart Stores, Inc. |
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Phone |
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E-mail |
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www |
Contacts for Historical Archive
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Mission Statement/ Statement of Values
Wal-Mart Stores, Inc. has always been a values-based, ethically led company. The values guiding our decisions and leadership are the 3 basic beliefs established by our founder, Sam Walton, in 1962:
Wal-Mart's
Guiding Ethical Principles were added to the revised Global Statement of Ethics
on June 4, 2004. These principles are designed to assist our Associates and
Suppliers with making the right decision and doing the right thing.