How biggest retailer on the planet gives back to society

1. WAL- CSR

2. CORPORATE SOCIAL
RESPONSIBILITY:Corporate social responsibility (CSR) refers to business
practices involving initiatives that benefits society. A
business’s CSR can encompass a wide variety of
tactics, from giving away a portion of a company’s
profit for charity, to implementing “greener” business
operations.
Definition by business dictionary:
“A company’s sense of responsibility towards the

3. Categories Of Csr:1) ENVIRONMENT EFFORTS: One primary focus of corporate
social responsibility is towards environment. A business make
environment effort through their waste and pollution reduction
processes or methods.
2) PHILANTHROPY: Business also practice social responsibility
by donating to national and local charities.

4. Cont’d
3) ETHICAL LABOUR PRACTICES: By treating employees
fairly and ethically, companies can also demonstrate
their corporate social responsibility. This is especially
true of business that operate in international locations.
4) VOLUNTEERING: Attending volunteer events says a lot
about a company’s sincerity. By doing good deeds
without expecting anything in return, companies are
able to express their concern for specific issues and
support for certain organizations.

5. Wal-mart:. Walmart, is an American multinational retailing corporation that
operates as a chain of hypermarkets, discounts department
stores and grocery stores. Headquartered in in Bentonville,
Arkansas, USA.
The company was founded by Sam Walton in 1962 and
incorporated on October 31, 1969.
As of January 31,2017, Walmart has 11,695 stores and present
in 28 countries

6. CsrOf Wal-martAccording to fortune 500 list, Walmart is America’s largest
corporation , with $469.2 billion in revenue. As a multinational
company with 11,695 stores, it’s clear that the retailer can have a
significant impact on workers, the environment and natural
resources.
Under Walmart store inc. and Walmart foundation ,Walmart
prepares specific budget for its corporate social responsibility.
Usually Walmart grant approx $1.5 billion to Walmart Foundation
for it’s corporate social responsibility activities.

7. Wal-mart Foundation
It’s Activities Are:
It provide scholarships to students.
It provide funds to tackle the disaster after natural calamities.
It also run various orphanages for children.
It conducts various remove hunger activities both at national
and global level.

8. Walmart’s First Step For
Csr:.Beginning in 2005, Walmart started actively addressing its
global impact, adopting a sustainability program in which it
revamped everything from building materials to light bulbs.
.To become more eco- friendly, Walmart designed new stores
to be more energy efficient and produce fewer greenhouse
gases.
.The company added solar panels to many of its stores,
installed fuel-saving technologies in its fleet of vehicles,
improved its routing system to cut down on fuel consumption
and purchased millions of kilowatt-hours of wind energy.

9. Cont’d
.Walmart is among a growing number of companies that
have stated their commitment to corporate social
responsibility (CSR).
.Walmart has implemented a number of initiatives, which
focus on four key areas:
1. SOCIAL RESPONSIBILITY – Promoting women’s economic
empowerment, giving more people access to healthy food
and helping relieve hunger.
2. LOCAL RESPONSIBILITY – Making microloans,
implementing school nutrition programs, assisting with
disaster relief and promoting local farming.

10. Cont’d
3. ENVIRONMENTAL RESPONSIBILITY – Reducing energy use of
plastic shopping bag waste, eliminating landfill waste and
requiring stricter product sustainability guidelines
4. COMPANY RESPONSIBILITY – Stakeholder engagement,
promoting basic values, worker safety, corporate compliance
and governance.

11. Cont’d
In each of these areas, Walmart cites a number of pledges and
successes:
GIVING: The Walmart Foundation and Walmart exceeded $1
billion in charitable contributions worldwide.
WOMEN’S EMPOWERMENT: Walmart and the Walmart
Foundation are providing training and career opportunities for
nearly 1 million women worldwide.

12. Cont’d
. ENERGY EFFICIENCY: Renewable energy
sources account for 21% of Walmart’s electricity
worldwide
. VETERANS: The company plans to hire more
than 100,000 U.S. veterans over the next five
years.
. DIVERSITY: Women account for almost 28% of
Walmart’s corporate officers, about double the
average for Fortune 500 companies.

13. Wal-mart Csr In
India:Walmart has donated considerable amount to multiple NGOs
in INDIA mainly in Amritsar and Hyderabad. And also did
multiple remove hunger activities for underprivileged kids.
Walmart INDIA’S women empowerment initiatives, aims to
provide sustainable employment opportunities and
significantly expand economic opportunities for women across
INDIA.
source:

14. GLOBAL CsrActivities OF WAL-
MART:
Walmart and Walmart foundation announced $200,000
(approximately INR 1,30,00,000) toward tornado relief and
recovery in Canada.
They also announced $250,000 (approximately INR
1,62,50,000) towards relief and recovery effort in Tennessee
wildfires in USA
They donated more than $3 million ( approximately INR
19,50,00,000) to support earthquake relief in China.

15. Benefits Of CSR:.It impulses company’s relationship with local
communities.
.It builds a good corporate image of the
company.
.It helps the company to attract, retain and
maintain a happy workforce.
.It differentiates a company from it’s
competitors.

16. Thank You For Your
AttentionPresentation by:
Vaibhav Yadav