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 2022 ESG Reporting (the “ESG Reporting”). In certain instances, and as noted below, a specific SASB topic may be discussed generally in our ESG Reporting but Walmart does not currently track or report progress on the corresponding SASB metrics. For quick reference, we have indicated below the location(s) where these topics and metrics, if applicable, are discussed.
Industry | SASB topic | Metric | SASB code | References | Variations between SASB and ESG Reporting |
Consumer Goods | |||||
| Multiline & specialty retailers & distributors | Energy management in retail & distribution | (1) Total energy consumed, (2) percentage grid electricity and (3) percentage renewable | CG-MR-130a.1 | Climate change (Goals & metrics) ESG commitments & progress | |
| Data security | Description of approach to identifying and addressing data security risks | CG-MR-230a.1 | Digital citizenship: Ethical use of data & responsible use of technology (Walmart’s approach; Key strategies & progress) | ||
| Labor practices | (1) Average hourly wage and (2) percentage of in-store employees earning minimum wage, by region | CG-MR-310a.1 | Human capital: Good jobs & advancement for associates (Goals & metrics; Wage structure & pay) | 1) Metric included (2) Relevant information includes: starting wages range | |
| Workforce diversity & inclusion | Percentage of gender and racial/ethnic group representation for (1) management and (2) all other employees | CG-MR-330a.1 | Equity & Inclusion at Walmart & Beyond (Goals & metrics) | ||
| Product sourcing, packaging & marketing | Discussion of processes to assess and manage risks and/or hazards associated with chemicals in products | CG-MR-410a.2 | Safer, healthier food & other products (Goals & metrics; Key strategies & progress) | ||
| Discussion of strategies to reduce the environmental impact of packaging | CG-MR-410a.3 | Waste: Circular economy (Goals & metrics; Relevance to our business & society; Key strategies & progress) | |||
| E-Commerce | Product Packaging & Distribution | Discussion of strategies to reduce the environmental impact of product delivery | CG-EC-410a.2 | Climate Change (Key strategies & progress) | |
| Apparel, accessories & footwear | Management of chemicals in products | Discussion of processes to maintain compliance with restricted substances regulations | CG-AA-250a.1 | Safer, healthier food & other products (Goals & metrics; Key strategies & progress) | Relevant information includes discussion on product safety |
| 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 | Regeneration of natural resources: Forests, land, oceans (Goals & metrics; Key strategies & progress) | Relevant information includes: Percentage of product sales sourced from supplier facilities that have completed Higg FEM 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 | People in supply chains (Goals & metrics; Key strategies & progress) | Relevant information includes: Third-party audit reports assessed, number of cases opened based on audits | |
| Description of the greatest (1) labor and (2) environmental, health and safety risks in the supply chain | CG-AA-430b.3 | Product supply chain sustainability Human rights (Key strategies & progress) People in supply chains Regeneration of natural resources: Forests, land, oceans (Relevance to our business & society; Key strategies & progress) Safer, healthier food & other products (Goals & metrics; Key strategies & progress) | |||
| Raw materials sourcing | Description of environmental and social risks associated with sourcing priority raw materials | CG-AA-440a.1 | Regeneration of natural resources: Forests, land, oceans (Relevance to our business & society; Key strategies & progress) Product supply chain sustainability overview (Relevance to our business & society) People in supply chains (Goals & metrics; Relevance for our business & society; Walmart’s approach) | ||
| 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: Circular Economy (Goals & metrics) Product supply chain sustainability (Goals & metrics) | |
| Discussion of strategies to reduce the environmental impact of packaging throughout its lifecycle | CG-HP-410a.2 | Waste: Circular Economy (Goals & metrics) | |||
| 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 | Product supply chain sustainability (Goals & metrics; Key strategies and progress) Regeneration of natural resources: Forests, land, oceans (Goals & metrics) | ||
Food & Beverage | |||||
| Food retails & distributors | Air Emissions from Refrigeration | Air Emissions from Refrigeration | FB-FR-110b.1 | Climate change (Key strategies & progress) | |
| Food waste management | Amount of food waste generated, percentage diverted from the waste stream | FB-FR-150a.1 | Waste: Circular economy (Goals & metrics) | Relevant information includes: 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 | Safer, healthier food & other products (Walmart’s approach; Key strategies & progress) | ||
| Labor practices | Percentage of active workforce covered under collective bargaining agreements | FB-FR-310a.2 | Human capital: Good jobs & advancement for associates (Key strategies & progress) | Relevant information includes: number of markets in which at least some associates are represented by third parties | |
| 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 | Animal welfare (Goals & metrics; Key strategies & progress) | Relevant information includes: Percentage of cage-free shell eggs, as percentage of total shell egg sales, percentage of pork suppliers abiding by the standards of the National Pork Board’s (NPB’s) Pork Quality Assurance (PQA) Plus Program, based on supplier report | |
| Discussion of strategy to manage environmental and social risks within the supply chain, including animal welfare | FB-FR-430a.3 | Product supply chain sustainability People in supply chains (Walmart’s approach; Key strategies & progress) Regeneration of natural resources: Forests, land, oceans (Walmart’s approach; Key strategies & progress) Waste: Circular economy (Key strategies & progress) Animal welfare (Walmart’s approach; Key strategies & progress) Supplier opportunity (Goals & metrics; Supplier inclusion) | |||
| Processed foods | Food Safety | Global Food Safety Initiative (GFSI) audit (1) non-conformance rate and (2) associated corrective action rate for (a) major and (b) minor non-conformances | FB-PF-250a.1 | Safer, healthier food & other products (Goals & metrics; Key strategies & progress) | Relevant information includes: number of independent food safety audits conducted |