ESG Data

ESG Commitments & Progress

ESG Commitments & Progress

151029_NM_Associate_Portrait_End_Cap_BB_7530.jpg

Environmental

Climate Change

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

Goal: Achieve an 18% emissions reduction in Walmart’s operations by 2025 (over 2015 baseline)

Percent change in Scope 1 and 2 annual emissions

3.8% decrease12 (CY2018 vs. CY2017)

Percent change in Scope 1 and 2 annual emissions, compared with baseline

7.7% decrease6 (CY2018 vs. CY2015)

Percent change in carbon intensity, per revenue

7.1% decrease10,11 (CY2018 vs.CY2017)

Goal: Power 50% of our operations with renewable sources of energy by 2025

Estimated percentage of electricity needs supplied to Walmart by renewable sources

29%5

Goal: Drive the production or procurement of 7 billion kilowatt hours (kWh) of renewable energy globally by Dec. 31, 2020 — an increase of more than 600% vs. our 2010 baseline

Total renewable energy produced or procured by Walmart-driven projects

2.6 billion kWh

New renewable generation capacity brought on by Walmart since 2008 (net new to the grid vs. purchases)

1.21 gigawatts

Number of Walmart on-site and off-site renewable projects

>530 in operation or under development in 8 countries (cumulative)

Goal: Double the number of on-site solar energy projects at our U.S. stores, Sam’s Club locations and distribution centers by 2020, compared with our 2013 baseline of 240 installations

Number of on-site solar installations

>380 representing 161.6 megawatts of solar capacity (cumulative) and 98 additional locations under contract to be completed by end of 2020

Goal: By Dec. 31, 2020, reduce the total kWh-per-square-foot energy intensity required to power our buildings around the world by 20% versus our 2010 baseline

Percent change in kWh-per-square-foot energy intensity

11% decrease36 (between CY2010–CY2018)

Goal: Reduce or avoid 1 billion metric tons (MT) of CO2e emissions from Scope 3 by 2030 (Project GigatonTM)

Avoided emissions reported by suppliers

>230 million MT3 (cumulative 2017–2019)

Avoided emissions reported by suppliers

>136 million MT3 (2019)

Number of suppliers participating

>2,300 suppliers

Number of suppliers reporting

>1,000 suppliers (2019)

Goal: By 2030, work with suppliers to reduce or avoid greenhouse gas emissions in our China value chain by 50 million MT

Avoided emissions reported by suppliers

>5 million MT (cumulative 2017-2019)

Electric vehicle (EV) charging stations

Number of EV charging stations available at Walmart stores and clubs across the U.S.

1,138 charging stations (288 retail locations in 37 states, as of 2019)


Environmental

Product supply chains: Sustainability

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

THESIS (previously Sustainability Index)

Percent of U.S. volume covered by reports from suppliers participating in THESIS where available

>61%37

Goal: More sustainably source 20 key commodities by 2025

Commodities

In progress

Seafood

Goal: By 2025, all Walmart U.S., Sam’s Club, Asda, Walmart Canada, Walmart Mexico and Walmart Central America fresh and frozen, farmed and wild seafood suppliers will source from fisheries who are third-party certified as sustainable, actively working toward certification or engaged in Fishery Improvement Projects

Percentage of sustainably sourced seafood, according to supplier reports

Nearly 100% Walmart U.S. and Sam’s Club

Wild-caught

  • Marine Stewardship Council (MSC) or Global Sustainable Seafood Initiative (GSSI)
  • Fishery Improvement Project

Wild-caught

  • 74% MSC or GSSI certified
  • 24% publicly registered Fishery Improvement Project7

Farmed

  • Best Aquaculture Practices (BAP) or Aquaculture Stewardship Council (ASC)

Farmed

  • 99% Walmart U.S. & Sam’s Club farmed BAP or ASC

Row crops

Encourage suppliers to develop fertilizer optimization plans

Acres engaged in fertilizer optimization and soil health practice programs in 2019, as reported by suppliers

>6 million acres

Number of suppliers participating

16 suppliers

Animal welfare

Advancing humane treatment of farm animals in accordance with Five Freedoms of Animal Welfare

Percentage of shell eggs at Walmart U.S. and Sam’s Club meeting United Egg Producers animal welfare requirements or equivalent

100%

Percent of cage-free shell eggs

  • 17% Walmart U.S.
  • 32% Sam’sClub

Supplier implementation of video monitoring on sow farms for 100% of Walmart U.S. by end of 2018

100% — based on FY2019 supplier reports, fresh pork suppliers implemented video monitoring in a manner that was estimated to cover the volume supplied to Walmart U.S.

Coffee

Source U.S. private brand coffee more sustainably by the end of 2020

Percent of U.S. private brand coffee sales that were sourced certified sustainable (Rainforest Alliance, Fair Trade or UTZ), as reported by suppliers

  • 100% Walmart U.S.8
  • 91% Sam’s Club

Bananas & pineapples

Source 100% of all Cavendish bananas and pineapples sold in Walmart U.S., Sam’s Club and Asda from supplier farms that have received third-party certifications (e.g., Rainforest Alliance, Sustainably Grown and Fair Trade)

Percentage of bananas and pineapples sourced certified, based on supplier reports

Bananas:

  • 92% Walmart U.S.
  • 96% Sam’s Club
  • 100% Asda

Pineapples:

  • 80% Walmart U.S.
  • 82% Sam’s Club
  • 30% Asda

Apparel & home textiles

Goal: By 2022, Walmart U.S. stores will endeavor to source apparel and home textile products only from suppliers working with textile mills that use the Sustainable Apparel Coalition’s Higg Index Facility Environmental Module (FEM) to measure and help improve environmental performance

Percentage of product sales in apparel and soft home categories sourced from suppliers with at least one facility that has completed the Sustainable Apparel Coalition’s Higg FEM assessment for Walmart U.S.

>65%

Deforestation

Goal: Walmart will source and use Roundtable on Sustainable Palm Oil (RSPO) or equivalent-certified palm oil (mass balance and segregated supply chain systems) and source pulp/paper products with zero net deforestation in 100% of Walmart private brand products by 2020

According to supplier reported data:

  • RSPO identity preserved
  • RSPO segregated or equivalent
  • RSPO mass balance
  • PalmTrace credits
  • RSPO identity preserved: 5.5%
  • RSPO segregated or equivalent: 14.5%
  • RSPO mass balance: 65.6%
  • PalmTrace credits: 14.4%

Percentage private brand pulp and paper volume certified by the Forest Stewardship Council, Programme for the Endorsement of Forest Certification, Sustainable Forestry Initiative or is using recycled content (based on supplier reports)

97%

Goal: Conserve one acre of land for every acre developed by Walmart U.S. stores

Total acres conserved by Acres for America since 2005

>1.4 million


Environmental

Waste

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

Waste diversion

Percentage of waste materials diverted from landfill and incineration globally

80%4 (CY2019)

Goal: Achieve zero waste14 to landfill from our operations in the U.S., U.K., Japan, and Canada by 2025 in accordance with Zero Waste International Alliance guidelines

Percentage of waste materials diverted from landfill and incineration per country:
U.S.

(All figures in this column for this row are CY2019)

82%15

Canada

88%15

Japan

78%15

U.K.

85%15

Customer recycling

Pounds collected through customer recycling programs at Walmart Argentina, Chile, Japan, Mexico and the U.K.

>26 million pounds (CY2019)

Food donations

Pounds of food donated globally

>680 million pounds (CY2019)

Labeling

Percentage of private brand suppliers using “Best If Used By” date label terminology in the U.S. unless a food safety or regulatory reason might prevent them from doing so

98%23 (CY2019 survey data, as reported by suppliers)

Goal: 100% of our Walmart U.S. food and consumable private brand primary packaging with the How2Recycle® label by 2022

Estimated percentage based on supplier reports

  • 50%21 Walmart U.S.
  • 38%21 Sam’s Club

Packaging

Goal: Achieve 100% recyclable, reusable or industrially compostable packaging in all Walmart private brand products by 2025

Percentage of private brand suppliers using recyclable, reusable or industrially compostable packaging

~55%18

Goal: 100% of U.S. general merchandise private brand primary plastic packaging is free of PVC by 2020

Estimated percentage based on supplier reports

~97%

Global Goal: 17% of private brand plastic packaging is made of post-consumer recycled content by 2025

Estimated percentage based on supplier reports

9%19

North America20 Goal: 20% private brand plastic packaging in North America is made of post-consumer recycled content by 2025

Estimated percentage based on supplier reports

7%19

Goal: Between 2016 and 2021, invest $15 million to organizations that help reduce food waste and strengthen food banks in Canada

Grant funding awarded to date

>$18 million


Social

Retail Opportunity

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

Walmart associates

People employed, worldwide

>2.2 million

People employed, U.S.

~1.5 million

Compensation & benefits (U.S.)

Minimum starting hourly wage (federal minimum wage as of March 2019: $7.25 per hour)

$11.00 per hour (except where the minimum starting wage is above $11.00)

Average hourly wage

>$14.00 per hour26

Average hourly total compensation and benefits

>$18.00 per hour27

Bonuses paid to full-time and part-time hourly associates

~$730 million24

Paid time off (PTO) for hourly associates (full-time and part-time)

Full-time hourly: Associates can earn up to 304 hours of PTO per year, depending on tenure. All unused PTO at the end of the year is either carried over or paid out to associates. In some locations, there are no limits to the amount of regular PTO or protected PTO that associates can earn.

Part–time hourly: Associates can earn up to 144 hours PTO per year, depending on tenure. All unused PTO at the end of the year is either carried over or paid out to associates. In some locations, there are no limits to the amount of PTO that associates can earn.

Full-time hourly or salaried paid maternity leave (stackable with parental leave)29

10 weeks

Full-time hourly or salaried paid parental leave after 12 months of service

6 weeks

Health insurance for all full- and part-time associates who have worked an average of 30 hours per week over the past 12 months

Starting at $29.00 per pay period

Additional benefits (U.S.)

Store discount, full- and part-time Walmart U.S. associates, effective after 90 days of employment

~10% off regularly priced general merchandise, fresh fruits and vegetables

401(k) average enrollment

>694,000

401(k) cost

>$1.1 billion

Stock purchase

Walmart matches 15% of the first $1,800 U.S. associates contribute to their stock purchase program, up to $270 per plan year (age restrictions apply)

Promotions (U.S.)

U.S. associates promoted to jobs of greater responsibility and higher pay

>200,00025

Training (U.S.)

Goal: By 2025, Walmart U.S. will put millions of associates through focused training programs to equip them with skills to improve career growth, from entry-level positions to jobs with more responsibility and higher pay

U.S. associates (excluding Home Office) who completed Pathways program

>1.25 million (since 2016)

Walmart U.S. store associate trainings, Walmart Academy

>1.8 million (since 2016)

Walmart U.S. store associate trainings, Walmart Academy

>1.1 million

Percentage of trainings that were delivered to women

59%

Number of U.S. Walmart Academy training facilities

201

Diversity & inclusion31

Commitment: Signatory to Catalyst CEO Champions for Change; CEO Action for Diversity & Inclusion; Paradigm for Parity

Percentage of U.S. associates who are women; people of color

55%; 45%

Percentage of U.S. managers who are women; people of color

45%; 35%

Percentage of U.S. hourly promotions who are women; people of color

58%; 44%

Percentage of U.S. management promotions who are women; people of color

41%; 40%

Percentage of U.S. officers who are women; people of color

31%; 24%

Percentage of Walmart Board directors who are women

27%

Goal: $100 million philanthropic commitment from the Walmart Foundation and Walmart to make it easier for frontline employees in retail and adjacent sectors to gain new skills and advance in their careers (launched 2015)

Retail Opportunity grant funding awarded by Walmart and the Walmart Foundation (since 2015)

>$130 million

Goal: Double Walmart U.S. sales of locally grown produce between the end of FY2017 and the end of FY2026 ($930 million baseline)

Annual sales of local fresh produce in Walmart U.S. Supercenters and Neighborhood Markets

>$1.1 billion


Social

Product supply chains: Social sustainability

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

Responsible Sourcing program

Supplier disclosed facilities in “active” status

>26,000

Walmart reviewed and assessed audits conducted by third-party audit programs

>14,500

Audit assessment rating percentages

  • 24% received green
  • 65.3% received yellow
  • 10.3% received orange
  • 0.4% received red

Number of cases managed involving allegations of supply chain misconduct

>700

Number of facilities remediated from orange to either yellow or green assessments

>400

Number of suppliers Walmart stopped doing business with in response to serious violations of our standards (since 2012)

35

Commitment: Walmart has committed to use our ability to bring together stakeholders, including industries, civil society, governments or international organizations to address the major potential risks to the dignity of workers in a minimum of 10 retail supply chains by 2025

Retail supply chains in focus

  • Apparel in Bangladesh
  • Produce in the U.S. and Mexico
  • Shrimp in Thailand
  • Tuna in Thailand
  • Electronics sourced for the U.S. retail market

Goal: Between 2013 and 2023, purchase an incremental $250 billion in products supporting American jobs

Percentage to expected target

87%

Amount sourced from diverse suppliers, goods and services, U.S.

>$11.7 billion28


Social

Providing safer, healthier food & other products

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

Goal: By 2022, aim to reduce the footprint32 of priority chemicals38 in Walmart U.S. and Sam’s Club assortments by 10%

Percentage change compared to baseline, approximate consumable chemical footprint for stores and clubs35

1% increase

Goal: In 2016, Walmart and the Walmart Foundation committed to invest $25 million in projects to advance food safety in China over five years

Amount invested in projects to date

>$22.5 million


Social

Communities

Priorities
(goals noted and italicized)

Metric

FY2020 results (unless otherwise noted)

Goal: Offer a job at Walmart or Sam’s Club locations to any eligible honorably discharged U.S. veteran who has been discharged since Memorial Day 2013. Commit to hire 250,000 veterans by 2023.

Number of veterans hired

>250,000

Number of veterans promoted

>42,000

Local grants

Local grants made by stores, clubs, other facilities in the U.S.

>$65 million

Associate giving

U.S. associate hours volunteered

>630,000

Amount donated to match volunteerism, U.S.

$5.9 million

Global giving

Total cash and in-kind donations

>$1.4 billion

United Nations Sustainable Development Goals


Relevant SDG

Example Walmart contributions include

Location in ESG Report

Relieving Hunger, including efforts to improve food access and through food donations

Food waste in our value chain: Philanthropy: Food waste
Food access & nutrition

Encouraging healthier eating through food labeling and nutrition education programs

Walmart’s sustainability strategies: Example actions
Food access & nutrition

Promoting sustainability in food value chains and improving market access for smallholders in emerging markets

Food waste in our value chain

Inclusive sourcing: Market access for smallholders in emerging markets

Fostering inclusion, prohibiting discrimination on the basis of sex and sexual orientation in our Statement of Ethics and requiring fair processes for employment in our Standards for Suppliers

Fostering inclusion: Our approach Training

Investing in efforts to meaningfully advance gender equity in factories and farms

Addressing social issues in the supply chain: Gender equity

Sourcing from women-owned businesses and providing additional outreach and support for women-owned businesses

Addressing social issues in the supply chain: Gender equity

Promoting sustainability in our operations, including through a commitment to power 50% of our operations with renewable sources of energy by 2025 and drive the production or procurement of 7 billion kilowatt hours (kWh) of renewable energy globally by Dec. 31, 2020

Climate change mitigation: Sustainable operations

ESG data: Environmental goals

Facilitating avoided GHG emissions reductions in our supply chains, such as by promoting the use of tools to help suppliers identify, prioritize and implement energy efficiency projects

Project Gigaton

Expanding access to jobs and providing ladders for advancement, including through upskilling and education programs, and philanthropic investments in retail sector workforce development

Retail opportunity at Walmart: Mobility

Supporting worker dignity and safety in our operations and the supply chain and collaborating to combat forced labor in various sectors through our business and philanthropy

Addressing social issues in the supply chain: Forced labor & Worker safety

Training

Making investments in innovative technology to improve productivity and job experiences

Retail opportunity at Walmart

Providing disaster relief for natural and human-caused disasters

Disaster response & resiliency

Addressing food waste by pursuing best practices in our operations, building capacity in the broader food recovery system, working with suppliers upstream and empowering consumers downstream

Food waste

Enhancing the sustainability of products and product supply chains

Product supply chains: Sustainability overview

Promoting sustainable chemistry, including in our supply chain

Sustainable chemistry

Investing in sustainable package design and recycling and encouraging suppliers to reduce unnecessary plastic packaging, increase packaging recyclability and increase recycled content, and to help us educate customers on reducing, reusing and recycling plastic

Plastic Waste

Providing funding to support materials innovation, recycling collection and/or sortation infrastructure and consumer education

Plastic and other packaging waste in our supply chain:

Philanthropy: Plastic waste

Addressing climate change by setting a science-based target to reduce greenhouse gases in alignment with the Paris Agreement

Climate change mitigation: Sustainable operations

Accelerating sustainability efforts in our supply chain, including by setting a target to avoid 1 gigaton of greenhouse gas emissions in our supply chain through Project Gigaton

Project Gigaton

Engaging in advocacy and coalitions to promote environmental public policy (e.g., We Are Still In, Renewable Energy Buyers Alliance, Paris and Bonn negotiations, Global Forest Watch Pro, Consumer Goods Forum)

Corporate citizenship: Policy & advocacy

Sourcing seafood sustainably through our Seafood policy

Natural capital: Certifications

Product supply chains: Sustainability overview

Participating in the Seafood Task Force to address illegal fishing in the Thai seafood supply chain

Addressing social issues in the supply chain: Forced labor

Reducing deforestation, including due to palm and pulp and paper production, and working with suppliers to join us through innovative sourcing strategies and the use of technology to increase transparency and supply chain accountability

Natural capital: Ecosystem initiatives:
Addressing deforestation

Product supply chains: Sustainability overview

Supporting innovative approaches to regenerative agriculture, sustainable fisheries, forest preservation and waste reduction

Natural capital: Ecosystem initiatives

Product supply chains: Sustainability overview

Sustainability Accounting Standards Board

The Sustainability Accounting Standards Board (“SASB”) is an independent, private sector standards-setting organization whose mission is to help businesses around the world identify, manage and report on the sustainability topics that SASB believes matter most to investors. As part of our commitment to trust and transparency, the table below represents some topics from those listed by SASB among various industries that we believe are relevant to our company and that are discussed in Walmart’s 2020 ESG Report (the “ESG Report”). In certain instances, and as noted below, a specific SASB topic may be discussed generally in our ESG Report but Walmart does not currently track or report progress on the corresponding SASB metrics. For quick reference, we have indicated below the location(s) in our ESG Report where these topics and metrics, if applicable, are discussed.


Industry

SASB topic

Metric

SASB Code

WMT 2020 ESG Report Location

Variations between SASB and ESG Report

Consumer goods

Multiline & Specialty Retailers & Distributors

Energy Management in Retail & Distribution

(1) Total energy consumed, (2) percentage grid electricity, (3) percentage renewable

CG-MR-130a.1

Climate change, pages 23-29

ESG data: Environmental goals, pages 108–109

Change in scope 1 and 2 emissions, change in carbon intensity, percentage renewable, solar installations

Labor Practices

(1) Average hourly wage and (2) percentage of in-store employees earning minimum wage, by region

CG-MR-310a.1

Retail opportunity, pages 53-64

ESG data: Social goals, pages 114-116

Average hourly wage, percentage above federal minimum wage

Workforce Diversity & Inclusion

Percentage of gender and racial/ethnic group representation for (1) management and (2) all other employees

CG-MR-330a.1

Retail opportunity, pages 53-64

Percentage of women and POC by Walmart board, U.S. corporate officers, U.S. management, U.S. workforce, P&L responsibility

Product Sourcing, Packaging & Marketing

Revenue from products third-party certified to environmental and/or social sustainability standards

CG-MR-410a.1

Natural capital, pages 36-39

ESG data: Environmental goals, pages 110-111

Percentage certified, by commodity

Discussion of processes to assess and manage risks and/or hazards associated with chemicals in products

CG-MR-410a.2

Providing safer, healthier food & other products, pages 75-81

ESG data: Social goals, page 118

Discussion of strategies to reduce the environmental impact of packaging

CG-MR-410a.3

Waste, pages 30-35

ESG data: Environmental goals, pages 112–113

E-Commerce

Employee Recruitment, Inclusion & Performance

Employee engagement as a percentage

CG-EC-330a.1

Retail opportunity, pages 53-64

Employee engagement is measured by agreement with the statement “I feel I am part of a team”

(1) Voluntary and (2) involuntary turnover rate for all employees

CG-EC-330a.2

Retail opportunity, pages 53-64

Associate turnover is measured as percent reduction over five years

Apparel, Accessories & Footwear

Management of Chemicals in Products

Discussion of processes to assess and manage risks and/or hazards associated with chemicals in products

CG-AA-250a.2

Providing safer, healthier food & other products, pages 75-81

ESG data: Social goals, page 118

Environmental Impacts in the Supply Chain

Percentage of (1) Tier 1 supplier facilities and (2) supplier facilities beyond Tier 1 that have completed the Sustainable Apparel Coalition’s Higg Facility Environmental Module (Higg FEM) assessment or an equivalent environmental data assessment

CG-AA-430a.2

ESG data: Environmental goals, pages 110–111

Percentage of product sales sourced from supplier facilities that have completed Higg assessment

Labor Conditions in the Supply Chain

Percentage of (1) Tier 1 supplier facilities and (2) supplier facilities beyond Tier 1 that have been audited to a labor code of conduct, (3) percentage of total audits conducted by a third-party auditor

CG-AA-430b.1

Product supply chains: Social sustainability, pages 65-74

ESG data: Social goals, page 117

Total third-party audit reports assessed

Description of the greatest (1) labor and (2) environmental, health, and safety risks in the supply chain

CG-AA-430b.3

Human rights, pages 50-52

Product supply chains: Social sustainability, pages 65-74

Raw Materials Sourcing

Description of environmental and social risks associated with sourcing priority raw materials

CG-AA-440a.1

Product supply chains: Social sustainability, pages 65-74

Household & Personal Products

Packaging Lifecycle Management

(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable, and/or compostable

CG-HP-410a.1

Waste, pages 30-35

ESG data: Environmental goals, pages 112-113

Percentage post-consumer recycled content, percentage free of PVC, percentage carrying How2Recycle label

Environmental & Social Impacts of Palm Oil Supply Chain

Amount of palm oil sourced, percentage certified through the Roundtable on Sustainable Palm Oil (RSPO) supply chains as (a) Identity Preserved, (b) Segregated, (c) Mass Balance, or (d) Book & Claim

CG-HP-430a.1

Natural capital, pages 36-39

ESG data: Environmental goals, pages 110-111

Food and Beverage

Food Retailers & Distributors

Food Waste Management

Amount of food waste generated, percentage diverted from the waste stream

FB-FR-150a.1

Waste, pages 30-35

Environmental goals, pages 112-113

Pounds of food waste diverted

Product Health & Nutrition

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

FB-FR-260a.2

Providing safer, healthier food & other products, pages 75-81

Labor Practices

Percentage of active workforce covered under collective bargaining agreements

FB-FR-310a.2

Retail opportunity, pages 53-64

Percentage of international markets

Management of Environmental & Social Impacts in the Supply Chain

Percentage of revenue from (1) eggs that originated from a cage-free environment and (2) pork produced without the use of gestation crates

FB-FR-430a.2

Environmental goals, pages 110-111

See also: Walmart’s Animal Welfare on Corporate Policies and Guidelines

Implementation of video monitoring on sow farms

Discussion of strategy to manage environmental and social risks within the supply chain, including animal welfare

FB-FR-430a.3

Product supply chains: Sustainability overview, pages 40-47

Product supply chains: Social sustainability, pages 65-74

ESG data: Environmental goals, pages 110–111

See also: Walmart’s Animal Welfare on Corporate Policies and Guidelines

Discussion of strategies to reduce the environmental impact of packaging

FB-FR-430a.4

Waste, pages 30-35

ESG data: Environmental goals, pages 112–113

Processed Foods

Food Safety

Percentage of Tier 1 supplier facilities certified to a Global Food Safety Initiative (GFSI) recognized food safety certification program

FB-PF-250a.2

Providing safer, healthier food & other products, pages 75-81

Walmart stores and Sam’s Clubs certified

Health & Nutrition

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

FB-FR-260a.2

Providing safer, healthier food & other products, pages 75-81

Metrics identified by SASB do not necessarily have an equivalent under either U.S. generally accepted accounting principles (i.e., U.S. GAAP) or international financial reporting standards (i.e., IFRS). Therefore, the methodologies, estimates and assumptions and underlying source data used by one company may not be directly comparable with how another company measures and tracks the same SASB metric. For each metric referred to above, additional information about how Walmart measures and tracks such metrics can be found in the relevant section of our ESG Report. In some cases and as noted above, additional information about a particular topic was not included in our ESG Report but may be found on our corporate website. Not all information on our corporate website is incorporated by reference into our ESG Report.

Global Reporting Initiative Context Index

Walmart referenced the Global Reporting Initiative (GRI) Standards in the development of its 2020 Environmental, Social & Governance Report (“ESG Report”). This Content Index references the GRI Standards and provides specific information on how the Standards have been applied throughout the report. Page numbers refer to content in the ESG Report, unless otherwise noted. Materiality, as used in the context of the ESG Report and this GRI Content Index, is different than the definition used in the context of filings with the SEC. Read more in the “Note on Materiality” section of the 2020 ESG Report.

GRI General Disclosures


Disclosure number

Disclosure title

FY2020 response

Organizational profile

102-1

Name of the organization

Walmart Inc.

102-2

Activities, brands, products and services

2020 Form 10-K, pages 7-14
Walmart’s corporate purpose, pages 7-9

102-3

Location of the organization’s headquarters

Bentonville, Arkansas

102-4

Location of operations

2020 Form 10-K, pages 7-14, 24-26

102-5

Ownership and legal form

2020 Form 10-K, page 28

102-6

Markets served

2020 Form 10-K, pages 7-14, 24-27

102-7

Scale of the organization

Walmart’s corporate purpose, pages 7-9
Retail opportunity, pages 53-64
2020 Form 10-K, pages 24-26, 30-31

102-9

Supply chain

Product supply chains: Sustainability overview, pages 40-47
Product supply chains: Social sustainability, pages 65-74
2020 Form 10-K, page 12

102-10

Significant changes to the organization and its supply chain

During FY2020, there have been no significant changes to the organization or our supply chain.

102-11

Precautionary Principle or approach

Walmart addresses the precautionary approach for products with the application of tools such as THESIS (formerly the Walmart Sustainability Index), a science-based, third-party tool developed by The Sustainability Consortium in collaboration with universities, NGOs and suppliers. THESIS includes data from suppliers on key environmental, social and other performance indicators at the category level. Additionally, we communicate our fundamental expectations to suppliers on social conditions, worker safety and integrity in the workplace through our Standards for Suppliers which apply to anyone that supplies products to Walmart for resale, as well as any agents they use. Among other topics, suppliers must agree to comply with the law, be transparent in their production for Walmart, not use involuntary or underage labor and provide a safe work environment.

102-12

External initiatives

Paris Climate Agreement, CDP, How2Recycle, Chemical Footprint Project, We Are Still In, Catalyst CEO Champions for Change, CEO Action for Diversity and Inclusion, Paradigm for Parity, GRI, United Nations Sustainable Development Goals.

102-13

Membership of associations

We work with industry groups in many countries in which we operate, including, but not limited to, the Business Roundtable, Consumer Goods Forum, Leadership Group for Responsible Recruitment, Seafood Task Force, Association of Professional Social Compliance Auditors, Renewable Energy Buyers Alliance, Billion Dollar Roundtable, and the Global Food Safety Initiative

Strategy

102-14

Statement from senior decision-maker

A message from our Chief Executive Officer, page 12

102-15

Key impacts, risks and opportunities

A message from our Chief Executive Officer, page 12

A message from our Chief Sustainability Officer, page 13

Defining our ESG priorities, goals & targets, pages 16-17

Challenges to achieving aspirational goals, commitments & targets, pages 18-20

Ethics and integrity

102-16

Values, principles, standards and norms of behavior

Ethics & compliance, page 93

walmartethics.com

2020 Annual Proxy Statement, page 2

102-17

Mechanisms for advice and concerns about ethics

Stakeholder engagement, pages 102-106
walmartethics.com

Governance

102-18

Governance structure

Corporate governance, pages 88-90
2020 Annual Proxy Statement, pages 22-26

102-19

Delegating authority

Corporate governance, pages 88-90
2020 Annual Proxy Statement, page 29

102-20

Executive-level responsibility for economic, environmental and social topics

Corporate governance, pages 88-90

Management of ESG, page 92

Nominating and Governance Committee Charter

102-21

Consulting stakeholders on economic, environmental and social topics

Corporate governance, pages 88-90

Stakeholder engagement, pages 102-106

2020 Annual Proxy Statement, pages 30-31

102-22

Composition of the highest governance body and its committees

2020 Annual Proxy Statement, pages 10-19

Corporate Governance website

Board of Directors, pages 85-87

Corporate governance, pages 88-90

102-23

Chair of the highest governance body

Corporate Governance website

102-24

Nominating and selecting the highest governance body

2020 Annual Proxy Statement, page 12

Corporate Governance website

102-25

Conflicts of interest

2020 Annual Proxy Statement, page 46

102-26

Role of highest governance body in setting purpose, values and strategy

Corporate Governance website

102-27

Collective knowledge of economic, environmental, and social topics

Corporate governance, pages 88-90

2020 Annual Proxy Statement, pages 13, 29

Corporate Governance website

102-29

Identifying and managing economic, environmental and social impacts

Defining our ESG priorities, goals & targets, pages 16-17

102-30

Effectiveness of risk management processes

Corporate governance, pages 88-90

Nominating and Governance Committee Charter

2020 Annual Proxy Statement, page 29

102-31

Review of economic, environmental and social topics

Corporate governance, pages 88-90

Nominating and Governance Committee Charter

102-33

Communicating critical concerns to the highest governance body

Corporate governance, pages 88-90

102-35

Remuneration policies

2020 Annual Proxy Statement, pages 46-50

102-36

Process for determining remuneration

2020 Annual Proxy Statement, pages 46-50

102-37

Stakeholders’ involvement in remuneration

2020 Annual Proxy Statement, page 50

Stakeholder engagement

102-40

List of stakeholder groups

Walmart’s corporate purpose, pages 8-10

Corporate governance, pages 88-90

Stakeholder engagement, pages 102-106

102-42

Identifying and selecting stakeholders

Corporate governance, pages 88-90

Stakeholder engagement, page 102-106

102-43

Approach to stakeholder engagement

Corporate governance, pages 88-90

Stakeholder engagement, pages 102-106

102-44

Key topics and concerns raised

Defining our ESG priorities, goals & targets, pages 16-17

Stakeholder engagement, pages 102-106

Reporting practice

102-45

Entities included in the consolidated financial statements

2020 Form 10-K, pages 7-14

102-46

Defining report content and topic Boundaries

Defining our ESG priorities, goals & targets, pages 16-17

102-47

List of the material topics

Defining our ESG priorities, goals & targets, pages 16-17

102-48

Restatements of information

Endnotes, pages 138-140

102-49

Changes in reporting

About this report, pages 4-5

102-50

Reporting period

FY2020 (February 1, 2019 through January 31, 2020), unless otherwise noted.

102-51

Date of most recent report

June 2019

102-52

Reporting cycle

Annually

102-53

Contact point for questions regarding the report

CASSR@wal-mart.com

102-54

Claims of reporting in accordance with the GRI Standards

This material references the latest GRI Standards and specifies which Standards have been applied through the Content Index.

102-55

GRI content index

Our GRI Content Index is available at https://corporate.walmart.com/esgreport/data#gri

102-56

External assurance

We did not seek, nor was there, external assurance from third parties with respect to most of the information in this report; exceptions are noted.

Topic-specific Disclosures


Disclosure number

Disclosure title

Location

GRI 201: Economic performance

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Climate change, pages 23-29

2020 Form 10-K, pages 30-44

CDP response

103-2

The management approach and its components

Climate change, pages 23-29

CDP response

103-3

Evaluation of the management approach

Climate change, pages 23-29

CDP response

201-1 a i & b

Direct economic value generated and distributed

2020 Form 10-K, pages 7, 9, 29

201-2

Financial implications and other risks and opportunities due to climate change

Climate change, pages 23-29

CDP response

GRI 202: Market presence

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Retail opportunity, pages 53-64

103-2

The management approach and its components

Retail opportunity, pages 53-64

103-3

Evaluation of the management approach

Retail opportunity, pages 53-64

GRI 203: Indirect economic impacts

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Retail opportunity, pages 53-64

Communities, pages 82-83

walmart.org

103-2

The management approach and its components

Retail opportunity, pages 53-64

Communities, pages 82-83

walmart.org

103-3

Evaluation of the management approach

Retail opportunity, pages 53-64

Communities, pages 82-83

203-2 a

Significant indirect economic impacts

Retail opportunity, pages 53-64

Communities, pages 82-83

walmart.org

GRI 204: Procurement practices

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Product supply chains: Social sustainability, pages 72-74

103-2

The management approach and its components

Product supply chains: Sustainability overview, pages 40-47

Product supply chains: Social sustainability, pages 72-74

103-3

Evaluation of the management approach

Product supply chains: Sustainability overview, pages 40-47

Product supply chains: Social sustainability, pages 72-74

204-1

Proportion of spending on local suppliers

Product supply chains: Social sustainability, page 74

GRI 305: Emissions

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Climate change, pages 23-28

CDP response

103-2

The management approach and its components

Climate change, pages 23-28

Product supply chains: Sustainability overview, pages 40-47

CDP response

103-3

Evaluation of the management approach

Climate change, pages 23-28

Product supply chains: Sustainability overview, pages 40-47

CDP response

305-1 a-c, d iii, e-g

Direct (Scope 1) GHG emissions

Climate change, page 25

CDP response

305-2 a, b, d iii, e-g

Indirect (Scope 2) GHG emissions

Climate change, page 25

CDP response

305-3 a, d, f, g

Other indirect (Scope 3) GHG emissions

Climate change, pages 26-28

CDP response

305-4 a-c

GHG emissions intensity

Climate change, page 25

CDP response

305-5 a, c, d, e

Reduction of GHG emissions

Climate change, pages 25-28

Product supply chains: Sustainability overview, pages 40-47

CDP response

GRI 306: Waste

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Waste, pages 30-35

103-2

The management approach and its components

Waste, pages 30-35

103-3

Evaluation of the management approach

Waste, pages 30-35

GRI 308: Supplier environmental assessment

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Product supply chains: Sustainability overview, pages 40-47

Sustainability Hub

103-2

The management approach and its components

Product supply chains: Sustainability overview, pages 40-47

Sustainability Hub

103-3

Evaluation of the management approach

Product supply chains: Sustainability overview, pages 40-45

Sustainability Hub

308-2 c

Negative environmental impacts in the supply chain and actions taken

Product supply chains: Sustainability overview, pages 40-47

Sustainability Hub

GRI 401: Employment

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Retail opportunity, pages 53-64

103-2

The management approach and its components

Retail opportunity, pages 53-64

103-3

Evaluation of the management approach

Retail opportunity, pages 53-64

401-2

Benefits provided to full-time employees that are not provided to temporary or part-time employees

Retail opportunity, pages 55-60

2020 Form 10-K, page 12

GRI 404: Training and education

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Retail opportunity, pages 53-60

103-2

The management approach and its components

Retail opportunity, pages 53-60

103-3

Evaluation of the management approach

Retail opportunity, pages 53-60

404-2 a

Programs for upgrading employee skills and transition assistance programs

Retail opportunity, pages 58-60

GRI 405: Diversity and equal opportunity

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Retail opportunity, pages 62-64

Board of Directors, pages 85-87

103-2

The management approach and its components

Retail opportunity, pages 62-64

Board of Directors, pages 85-87

2020 Annual Proxy Statement, page 29

103-3

Evaluation of the management approach

Retail opportunity, pages 62-64

Board of Directors, pages 85-87

2020 Annual Proxy Statement, page 11

405-1 a-b i & iii

Diversity of governance bodies and employees

Retail opportunity, pages 62-64

Board of Directors, pages 85-87

2020 Annual Proxy Statement, page 11

GRI 409: Forced or compulsory labor

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Human rights, pages 50-52

Product supply chains: Social sustainability, pages 65-72

Standards for Suppliers

Human Rights Statement

103-2

The management approach and its components

Human rights, pages 50-52

Product supply chains: Social sustainability, pages 65-72

Standards for Suppliers

Human Rights Statement

103-3

Evaluation of the management approach

Human rights, pages 50-52

Product supply chains: Social sustainability, pages 65-72

Standards for Suppliers

Human Rights Statement

409-1 aii, b

Operations and suppliers at significant risk for incidents of forced or compulsory labor

Human rights, pages 50-52

Product supply chains: Social sustainability, pages 65-72

GRI 414: Supplier social assessment

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, goals & targets, pages 16-17

Product supply chains: Social sustainability, pages 65-69

Standards for Suppliers

103-2

The management approach and its components

Product supply chains: Social sustainability, pages 65-69

Standards for Suppliers

103-3

Evaluation of the management approach

Product supply chains: Social sustainability, pages 65-69

Standards for Suppliers

414-1

New suppliers screened using social criteria

Product supply chains: Social sustainability, pages 65-69

GRI 417: Marketing and labeling

103-1

Explanation of the material topic and its boundary

Natural capital, pages 36-39

Providing safer, healthier food & other products, pages 75-81

Sustainability Hub

Ethics & Compliance: Food Safety

Ethics & Compliance: Product Safety

Global Product Safety & Compliance Policy

103-2

The management approach and its components

Providing safer, healthier food & other products, pages 75-81

Sustainability Hub

Ethics & Compliance: Food Safety

Ethics & Compliance: Product Safety

Global Product Safety & Compliance Policy

103-3

Evaluation of the management approach

Providing safer, healthier food & other products, pages 75-81

Sustainability Hub

Ethics & Compliance: Food Safety

Ethics & Compliance: Product Safety

Global Product Safety & Compliance Policy

417-1 a

Requirements for product and service information and labeling

Waste, pages 31-35

Natural capital, pages 36-37

Product supply chains: Sustainability overview, pages 40-47

Providing safer, healthier food & other products, pages 75-81

U.S. Product Quality and Compliance Manual

Global Product Safety & Compliance Policy