Global Reporting Initiative

Disclosure number
Disclosure title
FY2021 response

Organizational profile

102-1Name of the organizationWalmart Inc.
102-2Activities, brands, products and services

2021 Form 10-K, pages 6-11

Annual summary (Corporate purpose)

102-3Location of the organization’s headquartersBentonville, Arkansas
102-4Location of operations2021 Form 10-K, pages 8-11, 26-28
102-5Ownership and legal form2021 Form 10-K, pages 6, 31-32
102-6Markets served2021 Form 10-K, pages 8-11, 26-28
102-7Scale of the organization

Annual summary (Corporate purpose)

Human capital: Goods jobs & advancement for associates (Key metrics; Relevance for our business & society)

2021 Form 10-K, pages 6-11, 26-28, 38, 44

102-8Employees and other workers

2021 Form 10-K, page 12

Human capital: Good jobs & advancement for associates (Goals & metrics; Key strategies & progress)

Highest standards of ethics & compliance (Goals & metrics; Key strategies & progress)

102-9Supply chain

Product supply chains: sustainability overview (Key strategies & progress)

Supplier opportunity (Goals & metrics; Key strategies & progress)annual

People in supply chains (Key strategies & progress)

2021 Form 10-K, page 11

102-10Significant changes to the organization and its supply chain2021 Form 10-K, pages 6, 9
102-11Precautionary Principle or approachWalmart 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.
102-12External initiatives

Examples include: 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, Sustainability Accounting Standards Board, Task Force on Climate-related Financial Disclosures, United Nations Sustainable Development Goals, Retail Breakthrough Campaign on Race to Zero and the Ellen MacArthur Foundation and U.S. Plastics Pact.

For more examples, visit our ESG issue briefs page.

103-13Membership of associations

Examples include: 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, Sustainability Accounting Standards Board, Task Force on Climate-related Financial Disclosures, United Nations Sustainable Development Goals, Retail Breakthrough Campaign on Race to Zero and the Ellen MacArthur Foundation and U.S. Plastics Pact.

For more examples, visit our ESG issue briefs page.

Strategy

102-14Statement from senior decision-maker

Annual summary (A message from our Chief Executive Officer)

Annual summary (A message from our Chief Sustainability Officer)

102-15Key impacts, risks and opportunities

ESG approach

Challenges for each topic discussed on individual briefs. Read more on our ESG issue briefs page.

Ethics & integrity

102-16Values, principles, standards and norms of behavior

Highest standards of ethics & compliance (Key strategies & progress)

walmartethics.com

Annual summary (Our company)

102-17Mechanisms for advice and concerns about ethics

ESG approach (Stakeholder engagement)

Highest standards of ethics & compliance (Monitoring & response)

Human capital: Good jobs & advancement for associates (Confidential reporting of concerns)

Human rights (Stakeholder engagement)

walmartethics.com

Governance

102-18Governance structure

ESG approach: (ESG oversight & management)

2021 Annual Proxy Statement, pages 20-25

102-19Delegating authority

ESG approach: (ESG oversight & management)

Highest standards of ethics & compliance (Walmart’s approach)

102-20Executive-level responsibility for economic, environmental and social topics

ESG approach: (ESG oversight & management)

Corporate governance (Key strategies & progress)

Global ethics and compliance: Our program

2021 Annual Proxy Statement, pages 27-30

Nominating and Governance Committee Charter

102-21Consulting stakeholders on economic, environmental and social topics

ESG approach (Stakeholder engagement)

Human rights (Stakeholder engagement)

2021 Annual Proxy Statement, pages 29-30

102-22Composition of the highest governance body and its committees

2021 Annual Proxy Statement, pages 8-25

Corporate Governance website

102-23Chair of the highest governance bodyCorporate Governance website
102-24Nominating and selecting the highest governance body

Corporate governance (Key strategies & progress)

2021 Annual Proxy Statement, pages 8-19

Corporate Governance website

102-25Conflicts of interest

2021 Annual Proxy Statement, page 45

Code of Conduct, pages 14-19

102-26Role of highest governance body in setting purpose, values and strategy

ESG approach: (ESG oversight & management)

Corporate governance (Board & management oversight of ESG‑related issues)

2021 Annual Proxy Statement, page 29

Corporate Governance website

102-27Collective knowledge of economic, environmental, and social topics

ESG approach: (ESG oversight & management)

Corporate governance (Board & management oversight of strategy, risks and opportunities)

2021 Annual Proxy Statement, page 30

Corporate Governance website

102-29Identifying and managing economic, environmental and social impactsESG approach (Creating shared value; Our ESG priorities)
102-30Effectiveness of risk management processes

ESG approach (ESG management & oversight)

Corporate governance (Walmart’s approach)

Nominating and Governance Committee Charter

2021 Annual Proxy Statement, page 29

102-31Review of economic, environmental and social topics

ESG approach: (ESG oversight & management)

Corporate governance (Board & management oversight of ESG‑related issues)

Nominating and Governance Committee Charter

102-33Communicating critical concerns to the highest governance body2021 Annual Proxy Statement, page 30
102-35Remuneration policies

2021 Annual Proxy Statement, pages 37-68

Human capital: Good jobs & advancement for associates (Pay equity)

102-36Process for determining remuneration

2021 Annual Proxy Statement, pages 37-68

Human capital: Good jobs & advancement for associates (Pay equity)

102-37Stakeholders’ involvement in remuneration2021 Annual Proxy Statement, page 50

Stakeholder engagement

102-40List of stakeholder groupsESG approach (Our ESG priorities; Stakeholder engagement)
102-42Identifying and selecting stakeholdersESG approach (Our ESG priorities; Stakeholder engagement)
102-43Approach to stakeholder engagement

ESG approach (Our ESG priorities; Stakeholder engagement)

Human rights (Stakeholder engagement)

Corporate governance (Engaging regularly with & receiving feedback from stakeholders)

2021 Annual Proxy Statement, pages 29-30

102-44Key topics and concerns raised

ESG approach (Our ESG priorities; Stakeholder engagement)

Human rights (Stakeholder engagement)

Reporting practice

102-45Entities included in the consolidated financial statements2021 Form 10-K, pages 7-10
102-46Defining report content and topic BoundariesESG approach (Our ESG priorities)
102-47List of the material topicsESG approach (Our ESG priorities)
102-48Restatements of informationEndnotes
102-49Changes in reportingAnnual summary (About our reporting)
102-50Reporting periodFiscal year 2021 (February 1, 2020 through January 31, 2021), unless otherwise noted.
102-51Date of most recent reportAugust 26, 2020
102-52Reporting cycleAnnually
102-53Contact point for questions regarding the reportCASSR@wal-mart.com
102-54Claims of reporting in accordance with the GRI StandardsThis material references the latest GRI Standards and specifies which Standards have been applied through the Content Index.
102-55GRI content indexOur GRI Content Index is available at https://corporate.walmart.com/esgreport/reporting-data/gri
102-56External assuranceWe sought and received external assurance from a third party with respect to certain emissions information reported in our reporting. We did not seek or receive external assurance from third parties with respect to other information, although in certain instances third parties assisted in the process of collecting, analyzing and calculating information presented.

Topic-specific sisclosures

Disclosure number
Disclosure title
Location

GRI 201: Economic performance

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Climate change (Relevance to our business & society)

2021 Form 10-K, pages 6-12, 26-28

CDP response

103-2The management approach and its components

Climate change (Walmart’s approach; Key strategies & progress)

CDP response

103-3Evaluation of the management approach

Climate change (Goals & metrics; Key strategies & progress)

CDP response

201-1 a i & bDirect economic value generated and distributed

2021 Form 10-K, pages 6-11, 38-41, 47, 54, 58

Serving communities: Contributing to tax revenue

201-2Financial implications and other risks and opportunities due to climate change

Climate change (Relevance to our business & society; Key strategies & progress; Adaptation; Challenges)

Disaster preparedness & response (Challenges)

2021 Annual Proxy Statement, pages 16-17

CDP response

GRI 202: Market presence

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Human capital: Good jobs & advancement for associates (Relevance to our business & society)

Supplier opportunity (Relevance to business & society)

103-2The management approach and its components

Human capital: Good jobs & advancement for associates (Walmart’s approach)

Supplier opportunity (Walmart’s approach)

103-3Evaluation of the management approach

Human capital: Good jobs & advancement for associates (Goals & metrics; Key strategies & progress)

Supplier opportunity (Goals & metrics; Key strategies & progress)

GRI 203: Indirect economic impacts

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Human capital: Good jobs & advancement for associates (Relevance for business & society)

Serving communities (Relevance for business & society)

walmart.org

103-2The management approach and its components

Human capital: Good jobs & advancement for associates (Walmart’s approach)

Serving communities (Walmart’s approach)

walmart.org

103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Human capital: Good jobs & advancement for associates (Goals & metrics)

Serving communities (Goals & metrics)

203-2 aSignificant indirect economic impacts

Serving communities (Key strategies & progress)

Human capital: Good jobs & advancement for associates (Key strategies & progress)

walmart.org

GRI 204: Procurement practices

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Supplier opportunity (Relevance for our business & society)

Product supply chains: sustainability overview (Relevance to our business & society)

People in supply chains (Relevance to our business & society)

103-2The management approach and its components

Supplier opportunity (Walmart’s approach)

Product supply chains: sustainability overview (Walmart’s approach)

People in supply chains (Walmart’s approach)

103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Supplier opportunity (Goals & metrics)

Product supply chains: sustainability overview (Goals & metrics)

People in supply chains (Goals & metrics)

204-1Proportion of spending on local suppliers

Supplier opportunity (Goals & metrics)

People in supply chains (Goals & metrics)

GRI 205: Anti-corruption

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Highest standards of ethics & compliance (Relevance to our business & society)

103-2The management approach and its componentsHighest standards of ethics & compliance (Walmart’s approach)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Highest standards of ethics & compliance (Goals & metrics; Key strategies & progress)

205-2Communication and training about anti-corruption policies and proceduresHighest standards of ethics & compliance (Combating bribery & corruption)

GRI 207: Tax

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Serving communities (Relevance to our business & society; Contributing to tax revenue)

103-2Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Serving communities (Relevance to our business & society; Contributing to tax revenue)

103-2The management approach and its componentsServing communities (Contributing to tax revenue)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Serving communities (Contributing to tax revenue)

207-1Approach to tax

Serving communities (Contributing to tax revenue)

2021 Form 10-K, page 47

207-2Tax governance, control, and risk management2021 Form 10-K, pages 21-22, 38-39, 42, 45, 47, 63, 72-75

GRI 301: Materials

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Waste: Circular economy (Relevance to our business & society)

Waste: Plastics (Relevance to our business & society)

103-2The management approach and its components

Waste: Circular economy (Walmart’s approach)

Waste: Plastics (Walmart’s approach)

Product supply chains: sustainability overview (Key strategies & progress)

103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Waste: Circular economy (Goals & metrics; Key strategies & progress)

Waste: Plastics (Goals & metrics; Key strategies & progress)

Product supply chains: Sustainability overview (Supplier engagement & support)

301-2Recycled input materials used

Waste: Circular economy (Goals & metrics)

Waste: Plastics (Goals & metrics)

GRI 302: Energy

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Climate change (Relevance to our business & society)

103-2The management approach and its componentsClimate change (Walmart’s approach)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Climate change (Goals & metrics; Key strategies & progress)

302-1Energy consumption within the organizationClimate change (Goals & metrics)
302-4Reduction of energy consumptionClimate change (Goals & metrics; Mitigation)

GRI 305: Emissions

103-1
Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Climate change (Relevance to our business & society)

103-2The management approach and its components

Climate change (Walmart’s approach)

Product supply chains: sustainability overview (Walmart’s approach, Key strategies & progress)

CDP response

103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Climate change (Goals & metrics)

Product supply chains: sustainability overview (Key strategies & progress)

CDP response

305-1 a-c, d iii, e-gDirect (Scope 1) GHG emissions

Climate change (Goals & metrics)

CDP response

305-2 a-b, d iii, e-gIndirect (Scope 2) GHG emissions

Climate change (Goals & metrics)

CDP response

305-3 a, d, f-gOther indirect (Scope 3) GHG emissions

Climate change (Mitigation)

CDP response

305-4 a-cGHG emissions intensity

Climate change (Goals & metrics)

CDP response

305-5 a, c-eReduction of GHG emissions

Climate change (Goals & metrics; Mitigation)

Product supply chains: sustainability overview (Supplier engagement & support, Walmart sustainable product supply chains)

CDP response

GRI 306: Waste

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Waste: Circular economy (Relevance to our business & society)

103-2The management approach and its componentsWaste: Circular economy (Walmart’s approach)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Waste: Circular economy (Key strategies & progress)

306-1Waste generation and significant waste-related impactsWaste: Circular economy (Relevance for our business & society; Goals & metrics; Key progress & strategies)

GRI 308: Supplier environmental assessment

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Product supply chains: sustainability overview (Relevance to our business & society)

Sustainability Hub

103-2The management approach and its components

Product supply chains: sustainability overview (Walmart’s approach)

Sustainability Hub

103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Product supply chains: sustainability overview (Key strategies & progress)

Sustainability Hub

308-2 c-dNegative environmental impacts in the supply chain and actions taken

Product supply chains: sustainability overview (Key strategies & progress)

Sustainability Hub

GRI 401: Employment

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Human capital: Good jobs & advancement for associates (Relevance to our business & society)

103-2The management approach and its componentsHuman capital: Good jobs & advancement for associates (Walmart’s approach)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Human capital: Good jobs & advancement for associates (Goals & metrics; Key strategies & progress)

401-1 aNew employee hires and employee turnover
Human capital: Good jobs & advancement for associates (Access to employment)
401-2Benefits provided to full-time employees that are not provided to temporary or part-time employees

Human capital: Good jobs & advancement for associates (Well-being)

2021 Form 10-K, page 12

401-3 a-bParental leaveHuman capital: Good jobs & advancement for associates (Paid leave)

GRI 404: Training and education

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Human capital: Good jobs & advancement for associates (Relevance to our business & society)

103-2The management approach and its componentsHuman capital: Good jobs & advancement for associates (Walmart’s approach)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Human capital: Good jobs & advancement for associates (Goals & metrics; Key strategies & progress)

404-2 aPrograms for upgrading employee skills and transition assistance programsHuman capital: Good jobs & advancement for associates (Growth)

GRI 405: Diversity and equal opportunity

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Equity & inclusion at Walmart & beyond (Relevance to our business & society)

103-2The management approach and its componentsEquity & inclusion at Walmart & beyond (Walmart’s approach)
103-3Evaluation of the management approach

ESG approach (Stakeholder feedback)

Equity & inclusion at Walmart & beyond (Goals & metrics; Key strategies & progress)

405-1 a-b, i & iiiDiversity of governance bodies and employees

Corporate governance (Goals & metrics)

Equity & inclusion at Walmart & beyond (Goals & metrics)

2021 Annual Proxy Statement, page 9

GRI 409: Forced or compulsory labor

103-1Explanation of the material topic and its boundary

Human rights (Relevance to our business & society)

People in supply chains (Relevance to our business & society)

ESG approach (Our ESG priorities)

Standards for Suppliers

Human Rights Statement

103-2The management approach and its components

Human rights (Walmart’s approach)

People in supply chains (Relevance to our business & society, Walmart’s approach)

ESG approach (Our ESG priorities)

Standards for Suppliers

Human Rights Statement

103-3Evaluation of the management approach

Human rights (Key strategies & progress)

People in supply chains (Relevance to our business & society; Key strategies & progress)

ESG approach (ESG priorities)

Standards for Suppliers

Human rights Statement

409-1 a,bOperations and suppliers at significant risk for incidents of forced or compulsory labor

Human rights (Stakeholder engagement, Promoting respect for human rights in supply chains)

People in supply chains (Monitoring; Managing non-compliance and risk; Collaborating to address systemic risks to worker well-being)

GRI 412: Human rights assessment

103-1

Human rights (Key strategies & progress)

People in supply chains (Relevance to our business & society; Key strategies & progress)

ESG approach (Our ESG priorities)

Standards for Suppliers

Human rights Statement

103-2The management approach and its components

Human rights (Walmart’s approach)

People in supply chains (Relevance to our business & society, Walmart’s approach)

ESG approach (Our ESG priorities)

Standards for Suppliers

Human rights Statement

103-3Evaluation of the management approach

Human rights (Stakeholder engagement; Promoting respect for human rights in supply chains)

People in supply chains (Monitoring; Managing non-compliance and risk; Collaborating to address systemic risks to worker well-being)

GRI 413: Local communities

103-1Explanation of the material topic and its boundary

Serving communities (Key strategies & progress)

ESG approach (Our ESG priorities)

103-2The management approach and its components

Serving communities (Walmart’s approach)

ESG approach (Our ESG priorities)

103-3Evaluation of the management approachServing communities (Key strategies & progress; Challenges)

GRI 414: Supplier social assessment

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

People in supply chains (Relevance to our business & society)

Standards for Suppliers

103-2The management approach and its components

People in supply chains (Walmart’s approach)

Standards for Suppliers

103-3Evaluation of the management approach

People in supply chains (Goals & metrics; Key strategies & progress)

Standards for Suppliers

414-1New suppliers screened using social criteria

People in supply chains (Program foundations)

Standards for Suppliers

GRI 415: Public policy

103-1Explanation of the material topic and its boundary

Engagement in public policy (Relevance to our business & society)

ESG approach (Our ESG priorities)

103-2The management approach and its componentsEngagement in public policy (Walmart’s approach)
103-3Evaluation of the management approachEngagement in public policy (Key strategies & progress)
415-1Political contributions

Engagement in public policy (Key strategies & progress)

Lobbying Contribution report

GRI 416: Customer Health and Safety

103-1Explanation of the material topic and its boundary

ESG approach (Our ESG priorities)

Safer, healthier food & other products (Relevance to our business & society)

Standards for suppliers

103-2The management approach and its components

Safer, healthier food & other products (Walmart’s approach)

Standards for suppliers

103-3Evaluation of the management approach

Safer, healthier food & other products (Key strategies & progress)

Standards for suppliers

416-1Assessment of the health and safety impacts of product and service categories

Safer, healthier food & other products (Product safety)

U.S. Product Quality and Compliance Manual

Standards for suppliers

GRI 417: Marketing and labeling

103-1Explanation of the material topic and its boundarySafer, healthier food & other products (Relevance to our business & society; Focus - Consumer Protection & Responsible Marketing)
103-2The management approach and its componentsSafer, healthier food & other products (Walmart’s approach; Focus - Consumer Protection & Responsible Marketing)
103-3Evaluation of the management approachSafer, healthier food & other products (Focus - Consumer Protection& Responsible Marketing)
417-1 aRequirements for product and service information and labeling

Waste: Circular economy (Key strategies & progress)

Waste: Plastics (Key strategies & progress)

Regeneration of natural resources: Forests, land, oceans (Key strategies & progress)

Product supply chains: Sustainability overview (Product sourcing, Customer engagement)

Safer, healthier food & other products (Focus - Consumer Protection & Responsible Marketing)

U.S. Product Quality and Compliance Manual

Global Product Safety & Compliance Policy