Walmarts Sustainability

This essay discusses Loblaw Company Limited and its sustainability in the grocery retail industry. This paper will determine whether or not this company is running 100% as an EBM company or if they are failing to do so. We will explore the 5 key aspects of an EBM practice to see if Loblaws abides by all 5 aspects. It will also explore the company’s future goals and current accomplishments in regards to sustainability. This company has been growing immensely over the past 20+ years with over 2000 retail stores in Canada.

Since its establishment in 1962, Wal-Mart has grown to be one of the biggest conglomerates in the world. Inevitably, with the expansion of the company, the weight and number of social and ethical issues facing the company has increased.

With advanced technology comes the globalization and moving businesses to third world countries from U.S. This movement caused the rate of unemployment to rise and people see themselves in struggle to take care of their families. These issue are the complex of corporations in America. After seeing the movie (The Corporation) based on the book written by Canadian Professor Joel Bakan, we see that corporations are institutions that creates great wealth and profit but in the other hand causes enormous and hidden harm to people. Corporation cannot be imprisoned for criminal activities. Corporations are not humans they are designed by law to be concerned only for their stockholders. This is the issues that we see in our modern society the rich

According to the quote, the writer is saying that he is willing to work with anyone as long that it is going to benefit the need of consumers. Throughout the story, Allen expressed his dislike for walmart. He once said “Walmart seems to be everything I was against.”(p.224). But after Jerry kaufman statement, Allen board president, Allen’s perspective changed. Jerry Kaufman said “ How do we deal with the industrial agricultural system. Are we going to take the position that we want to it to away? Or do we recognize that it’s still a nine-hundred-pound gorilla in the living room, and that it won’t go away, but maybe that we can change it ways?” (p.224). Since Allen was persuaded by their board president statement, when walmart offered him a good

If Wal-Mart has such little regard for their own employees, it would make it difficult for a company to have minimal regard to where their merchandise is coming from. On the documentary, The High Price of Low Cost, informs of the countries and Wal-Mart’s effects on these countries, including its presence for manufacturing in China. The workers work in conditions of extreme temperatures from morning until dawn and provided boarding, which is shared with several others and lined with bunk beds. The board and utilities are deducted from their wages even if the workers choose not to stay on the facilities the board is still deducted from their pay. These workers that are looking for employment to make a better future for their families are

Sustainability has become a great topic of interest in many arenas. Particularly, leading organizations are recognizing sustainability needs to be an essential aspect of their long term strategies. With this recognition, better business practices are being sought by investors as well as sustainability is becoming a driving force for better efficiencies and innovation. Two organizations, Wal-Mart and Starbucks, have both took on sustainability as long term initiatives to address their customer needs and affect how their suppliers operate.

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)

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 firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

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.

1. What is the ethical dilemma facing Wal-Mart in this case ? Do Wal-Mart’s associates also face an ethical dilemma? If so, what is it ?

Majority of people has been shopping in Wal-Mart once or even frequently. People like the way that Wal-Mart works. Their prices are cheap and we can find variety of commodities. Wal-Mart has run for around 53 years. It is a great thing because it can represent that people like the store. It is very important to note that not every retail store can be run for a long time with tremendous profit. According to their website, they have approximately 260 millions customers consumes in their stores which includes the stores over 28 countries. In addition, Wal-Mart also has 2.2 millions employees all over the world, including 1.4 millions employees in the U.S. However, the chief executives officer of Wal-Mart, Doug McMillon recently announced that they are going to shut down 269 stores that includes in the U.S. store and worldwide stores. In other words, there are more than 16000 workers including 10000 in the U.S. will be affected and thousand of workers will be laid off. This paper is going to analyze the issue ethically, and use alternative ways to work the problem out.

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:

In today’s world for any business to be successful it needs to be a sustainable enterprise. There are a number of ways to achieve sustainability using a number of different methods. A key aspect of sustainability for any business is Stakeholder Engagement. Only by reaching out to all of their stakeholders will a business be able to create a competitive advantage while still being sustainable.

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.