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Walmart Social Responsibilty
Transcript of Walmart Social Responsibilty
Sam Walton has a dream
Sam's Club 1983
Hands over CEO position in 1988
Lou Puim Memorial Scholarship
Local Matching Grants
Walk for miracles
Canadian Red Cross National Fundraising Campaign
A Standard Walmart
Hierarchy of needs
-Workers can't get full time jobs because walmart doesn't want to give benefits.
-Walmart fails to fulfill the needs of Maslows hierarchy of needs.
-Walmarts in the US have the right to fire people for being gay, and do so. (Bad CSR)
Quarterly Earnings 2009-2014 (FY10 - FY15)
Biographies of Executive Management and Board of Directors
Shareholders' Meeting Voting Results
Fun Walmart Facts
Employs more than US Army
Employs more than 7x population of Ireland
Bigger economy than Sweden
32 square miles, 15 300 football fields
In 2000 Walmart was sued 4851 times
2.4% added obesity rate/ 100 000 people
-Employees are having a hard time enforcing there union rights.
-Employees are getting fired if there is even talk of a union.
-Makes for bad CSR when reported on the news.
-Walmart would lose a lot of money if their workers were unionised.
Must be full time
10% off with additional on holidays
Part prescription coverage
In essence, Walmart has undergone fifty years of preventing it's employees from having livable work spaces and lives outside of Walmart. Of course, they did do that one good thing with hurricane relief which almost makes up for the fifty years of dangerous environments and unfairness.
Sam and his dog
Walmart : A Global CSR Nightmare
Overtime with pay
Any additional employee support programs
Add childcare program
Things they are Missing
-Walmart bribed Mexican officials with more than $24 mllion.
-Walmart's vice president of communications resigned
- George Brand Clothing
-Wages in America
More Environmental Programs/Charitable Donations
More Employee Benefits
Encourage Other Companies to be Charitable
Don't Bribe Mexico
CSR Initiatives: What Can Be Added Or Improved:
Experience Walmart's History. (2014, January 1). Retrieved September 20, 2014, from http://corporate.walmart.com/our-story/history/history-timeline
Lacome, W. (2013, September 5). I work for $8.25 at Walmart. What would you like to know. Retrieved September 20, 2014, from http://www.theguardian.com/commentisfree/2013/sep/05/working-at-walmart-what-its-like
Local Matching Grants. (2014, January 1). Retrieved September 20, 2014, from http://walmartcanada.ca/Pages/Local Matching Grants/190/192/192
Making Better Possible. (2013, January 1). Retrieved September 20, 2014, from http://careers.walmart.com/about-us/working-at-walmart/
O'Connor, C. (2014, April 15). Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance. Retrieved September 20, 2014, from http://www.forbes.com/sites/clareoconnor/2014/04/15/report-walmart-workers-cost-taxpayers-6-2-billion-in-public-assistance/
Pearson, C. (2012, October 11). Ex-Walmart employee awarded $1.4 million for mistreatment by manager. Retrieved September 20, 2014, from http://o.canada.com/business/markets/ex-walmart-employee-awarded-1-4-million-for-mistreatment-by-manager
Sehgal, U. (2010, October 23). 16 Facts About Walmart That Will Blow Your Mind. Retrieved September 21, 2014, from http://www.businessinsider.com/16-walmart-facts?op=1
Voreacos, D. (2014, March 26). Wal-Mart Says Bribe Probe Cost $439 Million in Two Years. Retrieved September 24, 2014, from http://www.bloomberg.com/news/2014-03-26/wal-mart-says-bribery-probe-cost-439-million-in-past-two-years.html
Walmart Announces 2014 Annual Shareholders’ Meeting Voting Results. (2014, June 6). Retrieved September 20, 2014, from http://news.walmart.com/news-archive/2014/06/06/walmart-announces-2014-annual-shareholders-meeting-voting-results
Walmart Quarterly Results. (2014, May 15). Retrieved September 20, 2014, from http://stock.walmart.com/financial-reporting/quarterly-results/
Include annual reports
Mention Cayman Islands
George and ASDA: Melik, J. (2010, July 25). The human cost of cheap clothing. Retrieved September 23, 2014.
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance. (n.d.). Retrieved September 22, 2014.
Top Walmart Spokesman Resigns Amid Resume Scandal | InvestorPlace. (n.d.). Retrieved September 23, 2014.