Walmart's CSR: Stakeholder Engagement & Social Responsibility

This report provides an overview of Walmart's corporate social responsibility (CSR) practices and its stakeholder approach. It highlights Walmart's journey towards global responsibility, emphasizing the use of shared value to provide customers with affordable products and food while creating new jobs and business opportunities. The report also discusses Walmart's ambitious plans for zero waste and sustainable products, focusing on supply chain efforts to improve social, economic, and environmental impact. Walmart's commitment to economic, legal, ethical, and discretionary efforts in retail is emphasized, along with their focus on improving sustainability and strengthening communities. The report concludes that Walmart is investing in disseminating and codifying retailer practices through entry-level talent and continually improving its sustainability efforts for the benefit of people and the planet. Desklib provides access to similar reports and study resources for students.

Walmart Social Responsibility Practices 0
Title: Walmart Social Responsibility Practices
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Walmart Social Responsibility Practices 1
Executive Summary
This report summarizes the Walmart’s corporate social responsibility and its stakeholder
approach. An overview of the responsibilities of Walmart has been provided, followed by a
conclusion.
Contents

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Introduction......................................................................................................................................3
Walmart and Stakeholder Approach to Social Responsibility........................................................3
Responsibilities of Walmart............................................................................................................3
Conclusion.......................................................................................................................................4
References........................................................................................................................................4

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Introduction
Corporate social responsibility is a critical aspect of every business, including Walmart.
This is an American retail corporation that operates discount department stores and
hypermarkets.
Walmart and Stakeholder Approach to Social Responsibility
The journey of Walmart towards global responsibility began 10 years ago. The
stakeholder approach uses shared value and provides customers with appropriate access to
affordable products and food. The stakeholder approach towards social responsibility is targeted
to create new jobs and business ladders for associates. The Walmart helps suppliers to grow the
businesses and support community (Kampf, 2007). The business must be conducted in a manner
that can improve economic opportunity and encourages social sustainability. Walmart has set
ambitious plans through which it creates zero waste and sells products that are sustainable to the
environment. The noteworthy steps of Walmart are targeted towards supply chain efforts which
improve its social, economic and environment impact. The company has made its commitment
for meeting with customer expectations.
Responsibilities of Walmart
Walmart has decided to lay emphasis on economic, legal, ethical and discretionary efforts
in the domain of retail opportunity. Walmart has decided to align with core competencies. At
present, the company has 2.2 million employees worldwide and has more than 20 years of
experience in employing front line employees. The company has been addressing employing and
retention challenges which are integrated with internal experience and knowledge. The

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noteworthy insights from shareholders are taken into consideration with due efforts on
continually effective elucidations. Walmart position can be changed as Walmart has been
investing in disseminating and codifying the different range of retailer’s practices through entry
level talent (Al Ghamdi & Dalain, 2018).
Conclusion
Walmart is massively focused towards improvement of sustainability of supply chains
and product operations for the people. The company is focused towards creation of strong
communities.

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References
Al Ghamdi, A., & Dalain, D. (2018). Ethical Trading in Corporate Social Responsibility: A Case
of Walmart, Apple and Canon. Asian Journal Of Business Management, 10(1), 1-10.
Kampf, C. (2007). Corporate social responsibility. Corporate Communications: An International
Journal, 12(1), 41-57.