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Walmart Stores to Receive 2010 World Environment Center Gold Medal for International Corporate Achievement in Sustainable Development

Walmart Stores to Receive 2010 World Environment Center Gold Medal for International Corporate Achievement in Sustainable Development

Published 12-07-09

Submitted by World Environment Center

The World Environment Center's (WEC) Twenty-Sixth Annual Gold Medal for International Corporate Achievement in Sustainable Development has been awarded to Walmart for its commitment to alter the way products are sourced, manufactured, delivered, sold, and disposed.

Walmart's Signature Contribution, Building a More Responsible Supply Chain, was cited by the independent international Gold Medal Jury as a bold commitment and an innovative business strategy that is integrated into its business operations and across its global supply chain.

Lee Scott, Chairman of the Executive Committee for Walmart's Board of Directors, said: "Walmart is honored to accept the prestigious Gold Medal award. We are committed to continually becoming a better company by looking at our entire business-from the products we offer to the energy we use-through the lens of sustainability and responsible sourcing. We believe that Walmart can play a powerful role in protecting our environment and our earth's natural resources while providing our customers with even greater visibility into the lifecycle of the products we sell."

"The jury is proud to select Walmart as the 26th recipient of the prestigious Gold Medal Award. With 8,000 retail units and more than 100,000 suppliers, Walmart's outstanding efforts in sustainable practices will continue to make a difference in the lives of consumers around the world," said the Gold Medal Jury Chairman Dr. Joel Abrams, Professor Emeritus of the University of Pittsburgh.

Mr. Scott will accept the Gold Medal Award on behalf of the company and its employees at the 26th Gold Medal Presentation gala on Friday, May 14, 2010 at the National Building Museum in Washington, D.C.

The World Environment Center's Gold Medal for International Corporate Achievement in Sustainable Development was established in 1985 to recognize significant industry initiatives in global environmental excellence and sustainable development.

The WEC Gold Medal Jury is independent of the WEC and its programs, and is composed of international leaders from academia, government, non-governmental organizations and retired industry professionals.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT), or "Walmart," serves customers and members more than 200 million times per week at more than 7,900 retail units under 62 different banners in 15 countries. With fiscal year 2009 sales of $401 billion, Walmart employs more than 2.1 million associates worldwide. A leader in sustainability, corporate philanthropy and employment opportunity, Walmart ranked first among retailers in Fortune Magazine's 2009 Most Admired Companies survey. Additional information about Walmart can be found by visiting www.walmartstores.com.

About World Environment Center
The World Environment Center (WEC) is an independent, non-profit, non-advocacy organization whose mission is to advance sustainable development through the business practices of its member companies in partnership with government and other stakeholders. WEC's activities and operations are global in scope, and it is unique in providing direct, on-the-ground support to companies to improve their performance, and that of their business partners, across the value chain.

Recent recipients of the WEC Gold Medal Award are: The Coca-Cola Company (2009), Marks & Spencer (2008), Alcan Inc (2007), ABN AMRO Bank (2006), Starbucks (2005), Johnson Controls Inc. (2004), Ricoh Group Ltd. (2003) and CEMEX (2002).

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World Environment Center

World Environment Center

The World Environment Center advances sustainable development through corporate business practices. Headquartered in Washington, D.C. with offices in Europe and Latin America, WEC creates business solutions through Executive Roundtables on key sustainability challenges, builds capacity of small enterprises in emerging markets, and honors industry excellence through its annual Gold Medal Award. WEC is an independent, non-profit, non-governmental organization. For more information, please visit www.wec.org.

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