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 2021 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) in our ESG Reporting where these topics and metrics, if applicable, are discussed.
Industry
| SASB
topic
| Metric
| SASB code
| WMT 2021 ESG Report location
| 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: percentage hourly associates making at least $15 per hour at Sam’s Club U.S., 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 | Diversity, equity & inclusion (Goals & metrics) | ||
| Product sourcing, packaging & marketing | Revenue from products third-party certified to environmental and/or social sustainability standards | CG-MR-410a.1 | Regeneration of natural resources: Forests, land, oceans (Goals & metrics; Sourcing more sustainably) | Relevant information includes: 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 (Goals & metrics; Product safety) | |||
| Discussion of strategies to reduce the environmental impact of packaging | CG-MR-410a.3 | Waste: Circular economy Waste: Plastics | |||
E-Commerce
| Employee recruitment, inclusion & performance
| Employee engagement as a percentage
| CG-EC-330a.1
| Human capital: Good jobs & advancement for associates (Listening to our associates)
| Relevant information includes: Percentage of U.S. associate participation in annual Associate Engagement Survey
|
(1) Voluntary and (2) involuntary turnover rate for all employees
| CG-EC-330a.2
| Human capital: Good jobs & advancement for associates (Growth) Diversity, equity & inclusion (Hiring)
| Relevant information includes: Discussion of reduced turnover as a result of development efforts
| ||
| 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 (Goals & metrics; 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; Engaging suppliers & others to accelerate 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; Responsible sourcing) Human rights (Promoting respect for human rights in supply chains) | Relevant information includes: Total third-party audit reports assessed, number of cases opened based on audits, percentage of audits assessed by Walmart that contained findings related to social issues in areas such as safety, harassment and indicators of possible forced labor | |
| 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 overview Human rights (Promoting respect for human rights in supply chains) People in supply chains Regeneration of natural resources: Forests, land, oceans (Relevance for our business & society; Key strategies & progress) Providing safer, healthier food & other products (Goals & metrics; Product safety) | |||
| 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 for our business & society; Key strategies & progress) Product supply chain: sustainability overview (Relevance for 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) Waste: Plastics (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
| Regeneration of natural resources: Forests, land, oceans (Goals & metrics)
| ||
Food & beverage | |||||
| Food retailers & distributors | 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 | Providing safer, healthier food & other products (Walmart’s approach; Access to affordable, nutritious food) | ||
| Labor practices | Percentage of active workforce covered under collective bargaining agreements | FB-FR-310a.2 | Human capital: Good jobs & advancement for associates (Freedom of association) | 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; Sow gestation housing) | 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 overview 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 (Food waste in the value chain; Product packaging waste) Waste: Plastics (Key strategies & progress) Animal welfare (Walmart’s approach; Key strategies & progress) Supplier opportunity (Goals & metrics; Supplier inclusion) | |||
| Processed foods | Food safety | Percentage of ingredients sourced from 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 (Goals & metrics; Food safety) | Relevant information includes: Number of independent third-party food safety audits of Walmart stores and Sam’s Clubs globally, requirement that facilities to be certified to GFSI recognized schemes |