An Analysis of Walmart's Corporate Social Responsibility Programs

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Added on  2023/04/20

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This report examines Walmart's Corporate Social Responsibility (CSR) initiatives, highlighting the company's commitment to ethical practices and community development. Walmart's CSR programs focus on employee well-being, women's economic empowerment, and environmental sustainability. Key initiatives include 'Fighting Hunger Together,' educational funding, and support for environmental sustainability. The company partners with various organizations to address social issues and enhance supply chain practices. Walmart's efforts also include waste reduction and simplifying the supply chain to benefit local farmers and reduce greenhouse gas emissions. The report analyzes Walmart's approach to workforce development and its impact on both internal and external stakeholders, referencing academic sources to support its claims.
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Walmart is the third biggest employer in the world and it has contributed largely to the
economy. CSR is the continuing commitment of Walmart to perform ethically and add to the
economic development through refining the quality of life of the employees, families, local
public and people at large. The CSR program of Walmart is helping a lot of people in
launching their career. It is even helping people to become self-sufficient. There is real
intention to help women behind the programs.
Walmart launched ‘Fighting hunger together’ in 2010 to strive people live in a better way. It
commits $2 billion cash and in-kind obligation to terminate hunger. Education has a role in
offering opportunities for a better life. Walmart Substance provides funding to people to gain
access to education. Walmart foundation focuses on supporting individuals to comprehend
how families and societies can live in a healthier way by using fewer natural resources.
Environmental sustainability is focused by the company by growing healthy food in a viable
way. The CSR policy of Walmart concentrates on women’s economic empowerment (Ni &
Van Wart, 2015). The company’s global women’s economic enabling ingenuity aims to
advance the lives of women in the global supply chain and worldwide. The company is
assisting initiative over $100 million in allowances. The development of the workforce is
promoted by the company. Living better denotes to the greater access to the opportunity
(Grayson & Hodges, 2017). The company’s foundation supports initiatives which offer
opportunities through job training, employment, career advancement and greater access to the
resources which can help people to become self-sufficient. Walmart has even CSR for the
special interests. The company has partnered with numerous organizations to create
opportunities for the heroes. It helps communities around the globe to overcome natural
disasters.
Walmart endeavor to certainly impact universal supply chain practices through reliably
nurturing standards. The company is associating with other brands, retailers, dealers, NGOs,
and governments to search out the new and sustainable ways to improve working conditions.
Walmart offers incredible benefits to the employees by engaging them in the form of
volunteerism (Jackson, Doellgast & Baccaro, 2018). The corporate volunteerism enhances
employee retention, engagement, and image of the company. On the other side, Walmart has
taken initiative for waste. The company turns its garbage into the asset by throwing the stuff
in a disciplined fashion. The company took initiative to divert 80% of the waste from the
landfills and turn into a source of new revenue. Walmart has even reinvented its CSR to
simplify the supply chain. The company deals directly with farmers and eliminated
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middlemen. As a result, the company will be able to sell local food at lower prices and
eliminate greenhouse gases produced by the global supply chain (Elder & Dauvergne, 2015).
Walmart makes efforts to enhance the sustainability of the retail operations to address
environmental and social issues in its product supply chains. The company’s retail
opportunity initiative launched in 2015 directed at strengthening the transferability of skills of
the retail workforce to make it easier for the workers to advance their career within and
beyond Walmart.
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References
Elder, S. D., & Dauvergne, P. (2015). Farming for Walmart: the politics of corporate control
and responsibility in the global South. The Journal of Peasant Studies, 42(5), 1029-
1046.
Grayson, D., & Hodges, A. (2017). Corporate social opportunity!: Seven steps to make
corporate social responsibility work for your business. Routledge.
Jackson, G., Doellgast, V., & Baccaro, L. (2018). Corporate Social Responsibility and
Labour Standards: Bridging Business Management and Employment Relations
Perspectives. British Journal of Industrial Relations, 56(1), 3-13.
Ni, A., & Van Wart, M. (2015). Corporate Social Responsibility: Doing Well and Doing
Good. In Building Business-Government Relations (pp. 175-196). Routledge.
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