Sustainability Initiatives A Demonstration Of Corporate Social Responsibility And Should Corporations Be Financially Responsible For The Environmental Disturbances

Wal-Mart should project a community friendly, environment caring and employee welfare seeking brand image to combat. Emerging threats. Investment in sustainability initiatives like solar energy and recycling could be possible opportunities.

Wal-Mart uses its resources in research since before (2011-2012) for the sole purpose of coming up with new ideas and new ways to sustain itself in the local and global community. Locally it provides electricity in stores from solar panels and wind turbines. “Wal-Mart has taken strides to obtain its sustainability objectives. It has opened two environmentally friendly stores in McKinney, Texas, and Aurora, Colorado.” The company hopes that these experiments will conserve natural resources, save energy, and reduce pollution. In addition, Wal-Mart is attempting to reduce fossil fuel. Its fleet of hybrid trucks is a new technology for going “green (Ferrell, Fraedrich, Ferrell, 2011).” Similarly, Wal-Mart is “Currently working on four main green areas: waste improvement and recycling, natural resources, energy, and social/community impact. Wal-Mart’s long-term goals are to be supplied 100 percent by renewable energy, create zero

As we have seen an increase in awareness around sustainability and climate change, with the help of Al Gore’s Inconvenient Truth documentary in 2006, we see organizations moving towards mitigating the effects of climate change in various ways (Al Gore, n.d). As this corporate social responsibility has become more prevalent, organizations are now pushing their green agenda by publishing sustainability reports, doing mass marketing and implementing sustainable business practices to portray the image that they too are working towards protecting the earth’s natural environment all the while focusing on their underlying goal of selling their products and

In 2005, “Wal-Mart took a leading role in disaster relief, contributing $18 million and 2,450 truckloads of supplies to victims of hurricanes Katrina and Rita”. In addition, Wal-Mart strongly believes in supporting our service members and veterans. Along with Wal-Mart’s charitable contributions, it has “made a major commitment to environmental sustainability, announcing goals to create zero waste, use only renewable energy and sell products that sustain people and the environment” (Wal-Mart, 2015). Even though this retail giant exceeds its competitors in profits and revenues and, is a very charitable organization, it still faces many

Walmart needs to improve this world an even place for individuals. There three fundamental goal-oriented objectives to change Walmart's overall ecological foot shaped impression: 100% renewable energy supplied, make a zero waste, offer items that maintain the world's assets and environment. As per Walmart, without development, expanded interest for structures, products and administrations will strain normal assets, increment squander and lift outflows. These variables contrarily affect our air and water quality, which harms biological communities, jeopardizes our sustenance supply and builds potential for extreme climate fiascos, dry season and starvation. Walmart is planning to decouple business development from ecological effect. By moving

Yes, I think that Wal-Mart is exceeding to become more sustainable. Wal-Mart is one of the top corporations and it is continuing to grow exponentially. There are three sustainability goals that Wal-Mart has put out to the public, and currently they are meeting every one of them. Among Wal-Mart’s sustainability goals are its intentions to be supplied entirely by renewable energy, create no waste, and sell products that sustain people and the environment (Ferrell, Fraedrich, Ferrell). At the end of 2013 Wal-Mart had more than 300 energy projects which provided more than 2.2

In terms of labor Wal-Mart ensures that the salaries its pays are typically above minimum wage, with regular semi-annual pay raises. Wal-Mart complies with all labor laws of the United States and has set the standard for many of its competitors. Walmart has also made many triumphs in striving to create zero waste, to operate with 100% renewable energy and sell products that sustain our resources and the environment. Walmart realized the effect the company was having globally which prompted them to continue to work with others to pursue improvements in economic, environmental and social outcomes. Walmart has realized that they can make a difference and work hard to create and be the difference. They have become the most trusted retailer

Yes, I do believe Wal-Mart is doing enough to become more sustainable. Wal-Mart is one of the most powerful companies internationally. As with all things that come with power, Wal-Mart’s business practices are scrutinized thoroughly. This includes their relationships with suppliers, employees, consumers, and the environment. In recent years, the environment has become such a big issue that Wal-Mart, as well as other companies have had to respond to this growing concern.

As much as Walmart may care about the environment, they will not sacrifice some profit now in order to actually help it in the immense way they are able to. These large companies recognize that sustainability is good business, so why will they not actually change? Eventually, they will not have any choice. And by that point, it will cost millions more to reverse the damages. By looking at the environment through an economic lens, Walmart sees the importance of changing but also that the monetary value of changing is not as great as the monetary value of continuing on as they are. Despite already being the largest corporation in the world, Walmart continues to add more harm to the environment because they are still not satisfied with their

Many reports have been written documenting the economic and eventual social and environmental degradation which occurs when Wal-Mart “comes to town”.

Perhaps this is giving Walmart a free ride in the media/marketing as being sustainable without any parties doing their due diligence to verify the actual numbers. As Senge explained, perhaps “Walmart is using going green to offset negative press for treatment of its employees” due their recent lawsuit losses and settlements (Senge, 2010, p. 114). Although Walmart should be commended for its sustainability portfolio, I believe the results of their goals need to be looked at from proportional aspect as well as how/where Walmart sources their products.

Due to increasing environmental imbalances, it is necessary for firms to achieve competitive advantages in the area of environmental convergence as well. Wal-Mart is putting continuous efforts from a long time for environment sustainability and energy conservation. It also received Aspen Institute Energy and Environment award for Corporate Energy Efficiency in 2009. Here are a few steps that Wal-Mart has taken to encourage environmental sustainability:

The economy today runs on an antiquated ritual of exploiting, plundering, devastation, and manipulation of land for material wealth, profiting the wealthy and condemning the poor. This mindset is no more sophisticated than feudalism, a system so bad it had to be outlawed along with witchcraft. The idea that exploitation of land is justified has brought plastics to the ocean and leveled rainforests. Large corporations have grown larger by manufacturing and production, depleting the planet’s resources in the process. Now, companies must make a combined effort to put the environment first, before profit. Because of their harmful practices, consumers have the right to know where products come from, how they’re made, and the impact on the environment. Furthermore, it is the responsibility of the large corporations to change their harmful practices, to make strides towards ending climate change and use clean, sustainable methods.

Wal-Mart now has to rebuild their images, procedures on how they conduct business nationwide and how the use ethical business practices. The New York time article reported, “Wal-Mart announces new ethical and environmental principles complete by 2012”. (Robinson, 2008)

Wal-Mart also has a green goal. It claims that their environmental goal is to be supplied 100 percent by renewable energy, to create zero waste and to sell products that sustain our natural resources and the environment(Wal-Mart website 2008).