Issued by Walmart
In case you missed it, last week Walmart Inc. released its second Environmental, Social and Governance (ESG) Report. Read the report on Walmart's FY2020 ESG efforts here.
September 2, 2020 - In case you missed it, last week Walmart Inc. released its second Environmental, Social and Governance (ESG) Report. Read Walmart's FY2020 ESG report here.
Walmart takes a shared value, whole-system approach to ESG. Their ESG initiatives aim to go beyond mitigating business risk. The company aims to address societal issues through business initiatives that create value for all stakeholders; and they seek, in collaboration with others, to transform underlying societal systems (such as retail workforce development and food supply chains) for long-term social, environmental and economic sustainability.
Learn more about Walmart's ESG approach here from Kathleen McLaughlin, executive vice president and chief sustainability officer for Walmart Inc. and president of the Walmart Foundation.
Below are some highlights from the report:
Business exists to serve society, and, in turn, serving society strengthens business. The world's problems demand big solutions and the collaborative efforts of many across sectors to transform systems. Walmart’s associates aspire to be part of the solution—to draw on the company’s passion and capabilities to spark the bold, collective action necessary to create a more sustainable and equitable future.
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,535 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482.1 billion, Walmart employs approximately 2.2 million associates worldwide.
Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.
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