Walmart China began in 1996 with the opening of a supercenter and Sam’s Club in Shenzhen. To date, Walmart operates a Global Sourcing Office, China's Global eCommerce headquarters, and stores under the banners of Smart Choice, Trust-Mart, Walmart, Walmart Neighborhood Market and Sam's Club. Additionally, we've increased our investment in the holding company of Yihaodian, a fast-growing e-commerce business in China, bringing Walmart’s total ownership stake to approximately 51%.
Walmart China President & CEO: Sean Clarke
Women's development fund
In 2010, we partnered with the China Women's Development Foundation (CWDF) to launch the Walmart Women's Development Fund with an initial donation of RMB 1 million (approximately US$150,000). This fund provides Chinese women in need with the financial support they need to start their own business ventures or become employed. To date, we've helped 1,316 families make their business dreams come true through donations of RMB 1,500 to RMB 5,000. In 2012, Walmart China donated a total of RMB 2 million to continue its support for this cause.
Continuing support for Liangping
In 2012, more than 30 associates from Walmart Chongqing revisited the Liangping Xinjindai Ecological Primary School. Associates donated books, teaching equipment and stationery. In 2009, Walmart donated RMB 6.5 million to rebuild Liangping following the 2008 Wenchuan earthquake. Completed in 2011, the school uses sustainable building methods and clean energy to provide modern classrooms for children in need.
Retail talent development fund
In October 2012, we launched our Retail Talent Development Fund in cooperation with the China Youth Development Foundation (CYDF). This RMB 3 million fund will be used to support retail education at Bainian Vocational Schools across the country. Retail training courses are developed by Walmart and the International Youth Foundation (IYF) to specifically address the unique characteristics and challenges in our market.
The Sustainability Consortium expands to China
In 2012, the Walmart Foundation announced a US$2 million grant to help expand The Sustainability Consortium (TSC) to China. With this grant, TSC China will engage industries, universities and other experts to improve sustainability in consumer goods and provide resources to help suppliers become more sustainable. At the store level, our efforts resulted in a number of success stories, including:
- Cut water consumption by 50% at our new store prototypes
- Reduced greenhouse gas (GHG) emissions at our stores by 11.3%, compared with our 2005 baseline
- Half of electric products sold at our stores are RoHS compliant
- Reduced plastic shopping bag consumption by 86%
- Increased solid waste recycling at our stores by 52%
- Completed Xiangmi Lake Rooftop Solar Project in Shenzhen
Sunny Warm Community
In 2011, we launched a charity event in collaboration with Sina.com themed "@Sunny Warm Community."* To support this event, associates in more than 140 cities nationwide sent more than 3,000 "warm" New Year gift packages to individuals and families in need. We've grown @Sunny Warm Community into a micro-charity platform, where consumers and associates come together to support corporate social responsibility efforts.