Task Force on Climate-related Financial Disclosures

Walmart aligns its ESG reporting with several global reporting frameworks, including TCFD. The table below indicates the location(s) where particular topics are discussed in our public disclosures.

Additionally, please see our ESG Data Table which provides relevant data points along with corresponding TCFD references.

Recommended Disclosures

References

Governance

Disclose the organization’s governance around climate-related risks and opportunities

Describe the board’s oversight of climate-related risks and opportunities

Climate Change: Governance

CDP Response (C1.1)

Describe management’s role in assessing and managing climate-related risks and opportunities

Climate Change: Governance

CDP Response (C1.2)

Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material*

Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term

Climate Change: Climate Risk Assessment

CDP Response (2.1, 2.2, 2.3, 2.4)

Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning

Climate Change: Climate Risk Assessment

Form 10-K, pages 17-18

CDP Response (2.3, 2.4, 3.1 ,3.2, 3.3, 3.4)

Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario

Climate Change: Climate Risk Assessment

CDP Response (3.1, 3.2, 3.3)

Risk Management

Disclose how the organization identifies, assesses, and manages climate-related risks

Describe the organization’s processes for identifying and assessing climate-related risk

Climate Change: Climate Risk Assessment

CDP Response (C2.1, 2.2)

Describe the organization’s processes for managing climate-related risks

Climate Change: Climate Risk Assessment

CDP Response C2.1, 2.2)

Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management

Climate Change: Climate Risk Assessment

CDP Response (C2.1, 2.2)

Metrics & Targets

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material**

Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process

Climate Change: Goals & Metrics, Mitigation

CDP Response (C4.2)

Disclose Scope 1, Scope 2 and, if appropriate Scope 3 greenhouse gas (GHG) emission and the related risks

Climate Change: Goals & Metrics, Mitigation

CDP Response (C5.1, C5.2, C6.1, C6.2, C6.3, C6.4, C6.5, C7.1, C7.2, C7.3, C7.5, C7.6, C7.9)

Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets

Climate Change: Goals & Metrics, Mitigation

CDP Response (C4.1, 4.2, 4.3, 4.5)

* Information disclosed by Walmart in its ESG reporting does not indicate that the subject or information is material to Walmart’s business or operating results for purposes of U.S. securities laws and regulations.   

** Ibid.

Back to Top