Corporate Social Responsibility

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Corporate Social Responsibility

WALMART

Corporate.Walmart.com

Walmart.com

Table of Contents

An Overview 2

Walmart Contribution & Activities in CSR 2

• Ethical sourcing 3

• Worldwide women’s economic empowerment 3

• Hunger relief 4

• Healthy food 4

• Giving 4

• Disaster relief 5

Criticisms 5

Labor and Employer Affairs “Illegally Firing and Punishing Employees” 5

Rapacious Pricing and Supplier Issues “Stop the Bullying, Walmart” 6

Final Words 7

References 8

An Overview

Walmart is an American worldwide renowned retail corporation that runs chains of large discount department stores and warehouse stores which offers its customer a one-stop shopping experience around the world. According to the fortune global 500 list bring out this year, “the Walmart is the world’s largest public corporation and biggest private employer with over two million employees and is the largest retailer till date”.

Walmart operates more than 11,000 retail units under 69 banners in 27 countries and e-commerce websites in 10 countries and employs 2.2 million associates around the world (1.3 million in the U.S. alone).

The company was founded in 1962 by Sam Walton, and opens his first Walmart store in Rogers, Arkansas (US). Company then incorporated on October 31, 1969 as Walmart store, INC. Walmart’s shares starts flowing in the market by 1970 and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas.

Walmart Contribution & Activities in CSR

Walmart is among a growing number of companies that have affirmed their obligation to corporate social responsibility.

Walmart in its 2013 Global Responsibility Report said that it has a responsibility to lead and an opportunity to ...

... middle of paper ...

... A, Midttun, A. and Perrini, F. (2008). The changing role of governments in corporate social responsibility: drivers and responses. Journal of Business Ethics.

3. Corporate, Wal-Mart. Investor Relations. (2010). Retrieved October 25, 2010 from http://investors.walmartstores.com

4. Matthews C. (July 2, 2012), "10 Ways Walmart Changed the World," Time Magazine.

5. Boudway Ira, (Dec 13, 2012) “Labor Disputes, The Walmart way." Bloomberg Business week.

6. Berfield S. (Dec 13, 2012), “Walmart vs. Union-Backed OUR Walmart," Bloomberg Business week.

7. Barstow D., (April 21, 2012) “Wal-Mart Hushed Up a Vast Mexican Bribery Case," The New York Times.

8. Lichtenstein, Nelson (21 July 2009). The Retail Revolution: How Wal-Mart Created a Brave New World of Business

9. Smith, Hedrick. "Who Calls the Shots in the Global Economy?" PBS. Retrieved July 31, 2006

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