ESG approach

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Creating shared value

Shared value—addressing societal issues in ways that create value for our business and stakeholders—lies at the heart of Walmart’s enterprise strategy and our approach to ESG issues.

We believe we maximize long-term value for shareholders by serving our stakeholders: delivering value to our customers, creating economic opportunity for associates and suppliers, strengthening local communities and enhancing the environmental and social sustainability of our business and product supply chains. Addressing such societal needs builds the value of our business by extending our social license to operate, building customer and associate trust, creating new revenue streams, managing cost and risk, building capabilities for future advantage and strengthening the underlying systems we all rely on. In other words, business exists to serve society: business strengthens society and at the same time serving society strengthens business. We aspire to become a regenerative company—helping to renew people and planet through our business.

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    Our ESG priorities
    We prioritize the ESG topics that offer the greatest potential for Walmart to create shared value: issues that rank high in terms of relevance to our business and stakeholders as well as Walmart’s ability to make a difference. Based on our most recent ESG priority assessment, we have organized our ESG priorities into four leadership themes: Opportunity, Sustainability, Community, and Ethics and Integrity.

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    ESG oversight & management
    Leadership of ESG issues starts with our CEO—with oversight from committees of our Board of Directors—and cascades across our enterprise. Walmart’s Chief Sustainability Officer (CSO) helps define the ESG agenda and provides dedicated management and oversight of Walmart’s global ESG initiatives and goals.

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    Stakeholder engagement
    Our ability to create shared value depends on direct and frequent engagement with our customers, associates and community leaders, as well as the people who supply our products, hold our stock and evaluate our performance. Stakeholder perspectives and feedback help improve the relevance and effectiveness of the products and services we offer and the initiatives we support.

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    About our reporting
    Walmart has reported on a wide range of ESG issues since 2005. Our reporting is focused on our priority ESG issues—those that we believe are the most relevant to our business and important to our stakeholders.

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