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 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 & distributorsEnergy management in retail & distribution(1) Total energy consumed, (2) percentage grid electricity and (3) percentage renewableCG-MR-130a.1

Climate change (Goals & metrics)

ESG commitments & progress

Data securityDescription of approach to identifying and addressing data security risksCG-MR-230a.1Digital 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 regionCG-MR-310a.1Human capital: Good jobs & advancement for associates (Goals & metrics; Wage structure & pay)1) Metric included (2) Relevant information includes: starting wages range
Workforce diversity & inclusionPercentage of gender and racial/ethnic group representation for (1) management and (2) all other employeesCG-MR-330a.1Equity & Inclusion at Walmart & Beyond
(Goals & metrics)
Product sourcing, packaging & marketingDiscussion of processes to assess and manage risks and/or hazards associated with chemicals in productsCG-MR-410a.2Safer, healthier food & other products (Goals & metrics; Key strategies & progress)
Discussion of strategies to reduce the environmental impact of packagingCG-MR-410a.3Waste: Circular economy (Goals & metrics; Relevance to our business & society; Key strategies & progress)
E-CommerceProduct Packaging & DistributionDiscussion of strategies to reduce the environmental impact of product deliveryCG-EC-410a.2Climate Change (Key strategies & progress)
Apparel, accessories & footwearManagement of chemicals in productsDiscussion of processes to maintain compliance with restricted substances regulations
CG-AA-250a.1

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

Sustainable Chemistry Implementation Guide

Relevant information includes discussion on product safety
Environmental impacts in the supply chainPercentage 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 assessmentCG-AA-430a.2Regeneration 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 chainPercentage 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 auditorCG-AA-430b.1

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

Standards for Suppliers

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 chainCG-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 sourcingDescription of environmental and social risks associated with sourcing priority raw materialsCG-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 productsPackaging 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 compostableCG-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.2Waste: Circular Economy (Goals & metrics)
Environmental & social impacts of palm oil supply chainAmount 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 & ClaimCG-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 & distributorsAir Emissions from RefrigerationAir Emissions from RefrigerationFB-FR-110b.1Climate change (Key strategies & progress)
Food waste managementAmount of food waste generated, percentage diverted from the waste streamFB-FR-150a.1Waste: Circular economy (Goals & metrics)Relevant information includes: Pounds of food waste diverted
Product health & nutritionDiscussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumersFB-FR-260a.2Safer, healthier food & other products (Walmart’s approach; Key strategies & progress)
Labor practicesPercentage of active workforce covered under collective bargaining agreementsFB-FR-310a.2Human 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 chainPercentage of revenue from (1) eggs that originated from a cage-free environment and (2) pork produced without the use of gestation cratesFB-FR-430a.2Animal 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 welfareFB-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 foodsFood SafetyGlobal Food Safety Initiative (GFSI) audit (1) non-conformance rate and (2) associated corrective action rate for (a) major and (b) minor non-conformancesFB-PF-250a.1
Safer, healthier food & other products (Goals & metrics; Key strategies & progress)Relevant information includes: number of independent food safety audits conducted
Back to Top