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Walmart Sustainability Analysis

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For a sustainable working, it is required that a company looks both internally as well as externally, that is, engage its stakeholders (customers, suppliers, community, and non-government organizations) to understand the impacts and business-environmental concerns. As far as internal sustainability is concerned, employees can be trained and educated to reduce negative environmental impacts through waste reduction, recycling, energy efficiency, etc. Formation of green teams or committees internally to work over such matters can be a powerful motivator. Companies focused on sustainability are appointing chief sustainability officers leading a department with a mandate to proactively develop and implement a corporate sustainability strategy. …show more content…

Walmart envisions a world where people don’t have to choose between energy they can afford and energy that’s good for communities and the planet. Global energy predictions indicate costs could increase twice as fast as our anticipated store and club growth. Finding cleaner and more affordable energy is vital to everyday low cost. Scaling renewable energy while accelerating energy efficiency is their vision for a more sustainable world.
Walmart promotes the 3 “R’s” of sustainability – reduce, reuse and recycle. In fact, they have formulated a fourth “R” – rethink. By working with their suppliers, they’re developing product packaging solutions that aim at cutting unnecessary waste and save their customers money. These are a few recent examples:
• U.K.: In 2013, their operations in the United Kingdom introduced a lighter version of its private-label Eden Falls water bottles. The new 500-milliliter and 2-liter water bottles are 6% and 13% lighter, …show more content…

Indian companies have started paying increased attention to sustainability issues and large companies have started establishing a clear link between sustainability and risk management, while conducting their everyday business. This is very much evident from the fact that, about 80 Indian companies in the year 2012 were doing sustainability reporting using the framework developed by the Global Reporting Initiative (GRI) whereas, the number was about just 34 in 2011, indicating that more and more companies are recognizing the value of such reporting.
Incorporating sustainability standards as part of internal audit; effectively communicating sustainability development successes, policies; using partnerships between government, businesses and civil society; can be few policies to boost up the corporate sustainability culture in India and move towards actual implementation with real

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“Is Wal-Mart Good For America?” affords viewers a thoughtful analysis into the dubious ethical methodologies employed by the Wal-Mart Corporation. Unquestionably, Wal-Mart is not infallible and their strict adherence to low prices has pushed other companies out of business. For example, Rubbermaid, as mentioned in the documentary, fell into Wal-Mart’s paradoxical low pricing trap and forfeited into a merger with a competitor.

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The big debate here is, does Wal-Mart help or hurt our economy? Many people, including me; have their own opinions on the subject of Wal-Mart strengthening or weakening the American economy, they also have good reasons. Wal-Mart, Americas largest retailer, produces low price goods that Americans like to buy. The company imports most of their goods from china. Buying goods from overseas is good for the buyer but not for the economy because its creating jobs overseas in manufacturing and helping their economy, taking away from the American economy.

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In Wooster, Ohio, a company called Rubber Maid who was once very successful around the year 1994 in producing plastic pails and waste cans of excellent quality, became one of Wal-Mart’s suppliers, which helped it grow and grow yet Rubber Maid was not able to sustain this growth since the price of its main raw material called Resin increased thus Rubber Maid had to propose an increase in its prices, however Wal-Mart refused that increase and Rubber Maid eventually sold out in the year 1999 and as mentioned in the documentary a 1000 jobs were lost. It is important to mention that Wal-Mart made it clear to Rubber Maid that if it wanted to stay in business it had to maintain low prices or else it would lose its major

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The sustainability report includes labor practices, energy efficiency, product sourcing, business ethics practices, and impact on natural environment. To provide annually sustainability report to the shareholders is good for the businesses. The well-known store in United States the WAL-MART annually provides a sustainability report to his shareholders. Wal-Mart and his suppliers both are work to gather to provide these reports. Wal-Mart not only monitors the price of products by the vendors but also monitor the vendor’s social responsibility and environmental practices.

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I. Introduction Walmart Stores, Inc. - the American corporation which was established in 1962, is well-know for the globe’s largest multinational retailer (Walmart 2016). Walmart owns a chain of grocery stores, discount department stores and hypermarkets with about 11,500 retail stores over 28 countries. In 1998, Walmart entered Germany with the acquisition of Wertkauf and Interspar chain (Louisa 2006). Despite having the strongest economy in Europe and the third largest retail market in the world, Germany was not an ideal place for Walmart to achieve its ambition (Knorr and Andt 2003). After nearly a decade struggling to grow, Walmart decided to pull out of German market in 2006 with the loss of one billion dollars (Mark 2006).

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Furthermore, this paper will discuss some proposed solutions to the current ethical issues facing Walmart that could assist Walmart in its objective of continued growth in an ethical and sustainable manner. One of the major ways in which Walmart was able to grow and out compete its rivals was through its ability to provide retail goods to consumers at prices lower than competitors (Ferrell 407). Walmart ability to keep prices low is based on its ability to secure cheaply made goods from foreign manufacturers while also keeping the wages for its workforce low. The combination of cheaply made goods and a low paid retail staff means that Walmart can pass the savings to consumers which made it a popular retail shopping spot for lower to middle income Americans

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Vision, Mission Statement "Price Leadership Drives Global Performance" is the Wal-Mart visualization statement. The management of Wal-Mart emphasises on price leadership in every market since pricing strategy is the direct approach to reach performance and attract customers. In order to implement price leadership, they stated "Save Money, Live Better", which remains as relevant now as it was in 1962 by Sam Walton. The mission is that everybody is able to purchase products in Wal-Mart because the stores offers low price products to them.

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During the past decade, Wal-Mart, Kmart and Target three retail giants generate a combined sale of $123 billion (External Analysis Wal-Mart 2015). The success of the retail industry contributes largely to the advancements of science and technology and reduced costs. In the future, the success of Wal-Mart still relies on consumers’ concerns for value shopping and saving money. The company should pay close attention to the needs of customers and provide high-value and low-price products for consumers. Industry environment analysis includes five aspects: threat of new entrants, power of suppliers, inter-firm rivalry, power of buyers and threat of substitutes.

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This service helps the school, educators and parents to promote healthy eating habits among school students. There are variety of products such as bottled waters, juices, sports drinks and low calories carbonated soft drinks available for the school to decide where and when to sell. PepsiCo supports sustainable packaging policy, whereby they strive to lessen harm caused to the environment but yet still meeting the cost and performance criteria expected from consumers and customers. For example of PepsiCo sustainable packaging policy involves recyling materials, minimizing post industrial waste and achieving a lower carbon footprint. PepsiCo is aware of the differences in culture worldwide.

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Capacity planning This is the process of knowing the production capacity an organization needs to meet the changing demands for the products. It helps to determine the quantity of the product needed by a firm to meet the demands of its customers. The capacity planning elements for Walmart are; facility, product and service, and human resource.

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Now we are talking about recycling. So, what actually does recycling means? Turning used materials that are labeled as recyclable over to your local waste facility designated in a disposal container as “recyclable” materials to be taken and reused as material for a new purpose defines recycling . In order to create a new and different product, a recyclable product is turned back into a raw form that can be used. Recycling efforts can significantly reduce additional waste that will not only harm the planet today , but future generations as well.

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