Metrics

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ESG Commitments & Progress

ESG Commitments & Progress


Environment

PRIORITIES
(GOALS NOTED AND ITALICIZED)

METRIC

RESULTS*

Climate change

Goal: Achieve an 18% emissions reduction in Walmart’s own operations by 2025 (over 2015 baseline)

Percent change in Scope 1 and 2 annual emissions, FY2018 vs. FY2017

4.4% decrease40

Percent change in Scope 1 and 2 annual emissions, 2017 compared with baseline

6.1% decrease41

Percent change in carbon intensity,42 per revenue, FY2018 vs. FY2017

7.2% decrease43

Percent change in carbon intensity as a percent of revenue, cumulative 2005-2017

42% decrease

Percent change in fuel efficiency of our U.S. fleet since achieving our 2005 goal of doubling the efficiency of our trucking fleet in 2015

11% (FY2017-FY2019 average) avoiding over 87,000 metric tons of CO2e and saving $140 million in costs (FY2017-FY2019 cumulative)

Goal: Power 50% of our operations with renewable sources of energy by 2025

Estimated percentage of electricity needs supplied to Walmart by renewable sources

28%

Goal: Drive the production or procurement of 7 billion kilowatt hours (kWh) of renewable energy globally by Dec. 31, 2020 — an increase of more than 600 percent vs. our 2010 baseline

Total renewable energy produced or procured by Walmart-driven project

2.3 billion kWh
We completed contracts for another 136 new solar and wind projects, which will add an additional estimated 2.14 billion kWh annually once operational.

New renewable generation capacity brought on by Walmart since 2008 (net new to the grid vs. purchases)

850 megawatts
We completed contracts for 136 new solar and wind projects, which will add an an additional estimated 576 megawatts of new renewable generation capacity once operational.

Number of Walmart on-site and off-site renewable projects

>520 in operation or under development in 8 countries

Goal: Double the number of on-site solar energy projects at our U.S. stores, Sam’s Club locations and distribution centers by 2020, compared with our 2013 baseline of 240 installations

Number of on-site solar installations

>350 representing 145.5 megawatts of solar capacity Signed contracts to add more than 120 new installations by 2020

Goal: By Dec. 31, 2020, reduce the total kWh-per-square-foot energy intensity required to power our buildings around the world by 20 percent versus our 2010 baseline

Percent change in kWh-per-sq-ft energy intensity (between 2010-2017)

13% decrease45

Goal: Will also work to reduce or avoid 1 billion metric tons (MT) of CO2e emissions from Scope 3 by 2030 (Project GigatonTM)

Avoided emissions reported by suppliers46 (cumulative 2017-2018)

>93 million MT47

Avoided emissions reported by suppliers48 (2018)

>58 million MT

Number of suppliers participating

>1,000

Number of suppliers reporting

>380

Goal: By 2030, work with suppliers to reduce or avoid greenhouse gas emissions in our China value chain by 50 million metric tons

Avoided emissions reported by suppliers49

3.45 million MT

Electric vehicle (EV) charging stations

Number of EV charging stations available at Walmart stores and clubs across the U.S.

435 (110 retail locations in 29 states)

Goal: Between 2016 and 2021, invest $25 million through Walmart and the Walmart Foundation in disaster response and preparedness

Grants awarded to date

>$55 million

Sustainable supply chain

Sustainability Index

Percent of suppliers participating where the Index is available

80%

Goal: More sustainably source 20 key commodities by 2025

Commodities

Seafood
Goal: By 2025, all Walmart U.S., Sam’s Club, Asda, Walmart Canada, Walmart Mexico, and Walmart Central America fresh and frozen, farmed and wild seafood suppliers will source from fisheries who are third-party certified as sustainable, actively working toward certification or engaged in Fishery Improvement Projects

Percent of sustainably sourced seafood, according to supplier reports

Nearly 100% Walmart U.S. and Sam’s Club

Wild:
MSC or GSSI
Fishery Improvement Project

Wild-caught
67% MSC or GSSI certified
33% publicly registered Fishery Improvement Project50

Farmed: BAP or ASC

Farmed
99.8% Walmart U.S. & Sam’s Club farmed BAP or ASC

Row crops
Encourage suppliers to develop fertilizer optimization plans

Estimated cumulative acres committed to fertilizer optimization and soil health practice programs, as reported by suppliers

36 million (fertilizer program and Project Gigaton)

Number of suppliers participating

17 suppliers

Animal welfare
Advancing humane treatment of farm animals in accordance with 5 Freedoms of Animal Welfare

Supplied implementation of video monitoring on sow farms for 100% of Walmart U.S. by end of 2018

100% — based on supplier reports, fresh pork suppliers have implemented video monitoring in a manner that is estimated to cover the volume supplier to Walmart U.S.

Percent of shell eggs at Walmart U.S. and Sam’s Club meeting United Egg Producers animal welfare requirements or equivalent

100%

Percent of shell eggs cage free

14% Walmart U.S.
18% Sam’s Club

Coffee
Source U.S. private-brand coffee more sustainably by the end of 2020

Percent of Sam’s Club U.S. private-brand coffee sales that were Fair Trade certified

89%

Bananas and pineapples
Source 100% of all Cavendish bananas and pineapples sold in Walmart U.S., Sam’s Club, and Asda from supplier farms that have received third party certifications (i.e. Rainforest Alliance, Sustainably Grown and Fair Trade)

Percent of our sourcing contracts that request supplier to source first from certified farms. Actual supply may vary based upon availability.

Bananas:
100% — Walmart U.S. and Sam’s Club
100% — Asda

Pineapples:
80% — Walmart U.S.
60% — Asda

Apparel and home textiles

Percent of product sales of apparel and soft home categories sourced from supplier facilities that have completed the Sustainable Apparel Coalition’s Higg Facility Environmental Module (Higg FEM) assessment for Walmart U.S.

45%

Deforestation
Goal: Walmart will source and use RSPO or equivalent-certified palm oil (mass balance and segregated supply chain systems) and source pulp/paper products with zero net deforestation in 100% of Walmart private-brand products by 2020

According to supplier reported data for calendar year 2018:
RSPO Identity Preserved
RSPO segregated or equivalent
RSPO Mass Balance
Palmtrace Credits

RSPO Identity Preserved: 0.02%
RSPO segregated or equivalent: 12.87%
RSPO Mass Balance: 47.38%
Palmtrace Credits: 39.72%

Percentage private-brand pulp and paper volume certified by the Forest Stewardship Council, Programme for the Endorsement of Forest Certification, Sustainable Forestry Initiative or is using recycled content. Based upon supplier reports for calendar year 2018.

91%

Goal: Conserve 1 acre of land for every acre developed by Walmart stores U.S.

Total acres conserved by Acres for America since 2005

1.4 million acres

Waste

Waste diversion

Percent of waste materials diverted from landfill and incineration

78%51

Goal: Achieve zero waste52 to landfill from our own operations in key markets, including the U.S., U.K., Japan, and Canada by 2025 in accordance with Zero waste International Alliance guidelines

Percent of waste materials diverted from landfill and incineration
per market:
Walmart U.S.
Walmart Canada
Walmart Japan
Asda

Walmart U.S: 81%
Walmart Canada: 87%
Walmart Japan: 77%
Asda: 85%

Customer recycling

Pounds collected through customer recycling programs at Walmart Argentina, Chile, Japan, Mexico and the U.K. calendar year 2018

24 million pounds

Food donations

Pounds of food donated globally

720 million pounds

Labeling

Percent private-brand suppliers using “Best If Used By” date label terminology in the U.S. unless a food safety or regulatory reason might prevent them from doing so

92%

Number private-brand suppliers in How2Recycle® program in the U.S.

>800 suppliers

Number SKUs received How2Recycle® label in U.S.; includes Walmart U.S., Sam’s Club and Jet.com

>16,000 SKUs


Social

PRIORITIES
(GOALS NOTED AND ITALICIZED)

METRIC

RESULTS*

Retail opportunity

Walmart associates

People employed, worldwide

~2.2 million

People employed, U.S.

1.5 million

Compensation and benefits (U.S.)

Walmart U.S. minimum starting hourly wage (federal minimum wage as of March 2019, $7.25/hour)

$11.00 as of March 2019

Average full-time, hourly field wage in Walmart U.S. stores53

$14.26

Average full-time, hourly field total compensation and benefits Walmart U.S. stores54

$19.31

Bonuses paid to full-time and part-time Walmart U.S. hourly associates

$793 million

Paid time off (PTO) for hourly associates (full-time and part-time), U.S.

Full-time hourly: Up to 256 hours of regular PTO, based on tenure, and up to 48 hours of protected PTO. Associates roll over up to 80 hours of regular PTO and all unused protected PTO at the end of the year. Any remaining regular PTO is cashed out to the associate.

Part-time hourly: Up to 96 hours of regular PTO, based on tenure, and up to 48 hours of protected PTO. Associates roll over up to 48 hours of regular PTO and all unused protected PTO at the end of the year. Any remaining regular PTO is cashed out to the associate.

Full-time hourly or salaried paid maternity leave (stackable with parental leave),55 U.S.

10 weeks — effective March 2018

Full-time hourly or salaried paid parental leave after 12 months of service,56 U.S.

6 weeks — effective March 2018

Health insurance for all full- and part-time associates who have worked an average of 30 hours per week over the past 12 months, U.S.

Starting ~$26/pay period

Additional benefits (U.S.)

Store discount, full-and part-time Walmart U.S. associates, effective after 90 days of employment

~10% off regularly priced general merchandise, fresh fruits and vegetables

401(k)

Full- and part-time associates can start contributing to their 401(k) on their first day with the company. Walmart provides up to a 6% company match after one year/1,000 hours on the job.

Stock purchase

Walmart matches 15% of the first $1,800 U.S. associates contribute to their stock purchase program, up to $270 per plan year (age restrictions apply).

Promotions (U.S.)

Walmart U.S. store associates promoted to jobs of greater responsibility and higher pay

>215,000

Training (U.S.)
Goal: By 2025, Walmart U.S. will put millions of associates through focused training programs to equip them with skills to improve career growth, from entry-level positions to jobs with more responsibility and higher pay

Walmart U.S. store associates trained, Pathways program (since 2016)

>850,000

Walmart U.S. store associates trained, Walmart Academy (since 2016)

>800,000

% of those trained who were women

60%

Number of U.S. Academy training facilities

199

Commitment: Signatory to Catalyst CEO Champions for Change; CEO Action for Diversity & Inclusion; Paradigm for Parity

Diversity & Inclusion:57
U.S. associates who are women; people of color

55%; 44%

U.S. managers who are women; people of color

43%; 33%

Percent of U.S. hourly promotions who are women; people of color

57%; 45%

Percent of U.S. management promotions who are women; people of color

43%; 38%

U.S. officers who are women; people of color

32%; 21%

Percent of Walmart Board who are women; people of color

25%; 16%

Goal: $100 million philanthropic commitment from the Walmart Foundation and Walmart to make it easier for frontline employees in the retail and adjacent sectors to gain new skills and advance in their careers (launched 2015)

Retail Opportunity grants awarded by Walmart and the Walmart Foundation (since 2015)

>$100 million

Goal: Source incremental $250 billion in products supporting American jobs, 2013-2023

Sourcing of products supporting American jobs

On track

Goal: Double Walmart U.S. sales of locally grown produce between the end of FY2017 and the end of FY2026 ($930m baseline)

Sales of locally grown produce

>$1.1 billion

Responsible supply chains

Responsible Sourcing program

Supplier disclosed facilities in “active” status

>25,800

Walmart reviewed and assessed audits conducted by third-party audit programs

>14,700

Audit assessments:

23.7% — Green
63.1% — Yellow
10.8% — Orange
0.3% — Red
2.1% — Small supplier program

# cases opened involving allegations of supply chain misconduct

>600

# cases Walmart engaged suppliers directly in issue response

>65

# facilities remediated from orange to either yellow or green assessments

>480

# suppliers Walmart stopped doing business with in response to serious violations of our Standards since 2012

>30

Commitment: Walmart has committed to use our ability to bring together stakeholders, including industries, civil society, governments or international organizations, to address the major potential risks to the dignity of workers in a minimum of 10 retail supply chains by 2025

Retail supply chains in focus

Five including:
Apparel in Bangladesh
Produce in the U.S. and Mexico
Shrimp in Thailand
Tuna processed in Thailand
Electronics sourced for the U.S. retail market supply chain

Amount sourced from diverse58 suppliers, direct and indirect, U.S.

>$11 billion

Providing affordable, safer and healthier products

Goal: By 2022, aim to reduce the footprint of Priority Chemicals in U.S. Walmart and Sam’s Club assortments by 10%

Progress: baseline calculated approximate consumable chemical footprint for stores and clubs

Progress to be reported

Baseline established
>189 million pounds (lbs.) for Walmart U.S.
>31 million lbs. for Sam’s Club

Goal: In 2016, Walmart and the Walmart Foundation committed to invest $25 million in projects to advance food safety in China over five years

Amount invested in projects to date

>$15 million

Goal: In 2014, Walmart and the Walmart Foundation set a goal to provide nutrition education to 4 million people by 2020

Estimated impact of grants awarded

>4 million people

Goal: Between 2014 and 2019, provide 4 billion meals to those who need them through grants from Walmart and the Walmart Foundation and food donations from Walmart stores, Sam’s Club locations and distribution centers

Impact of grants awarded, based upon grantee reports

>4 billion meals

Communities

Goal: Offer a job at Walmart or Sam’s Club locations to any eligible honorably discharged U.S. veteran who has been discharged since Memorial Day 2013. Commit to hire 250,000 veterans by 2023.

Number of veterans hired

219,500

Number of veterans promoted

33,405

Local grants

Local grants made by stores, clubs, other facilities in the U.S.

>$42 million

Associate giving

U.S. associate hours volunteered

>776,500

Amount donated to match volunteerism, U.S.

>$7.6 million

Male associate selecting bananas

The United Nations Sustainable Development Goals

We acknowledge the importance of the United Nations Sustainable Development Goals (SDGs), which aim to make significant progress on global economic, social and environmental challenges by 2030.

The following eight goals represent those most relevant to Walmart’s ESG initiatives.

ESG-Data@2x.png

GRI

Walmart referenced the Global Reporting Initiative (GRI) Standards in the development of its 2019 Environmental, Social & Governance Report (“ESG Report”). This Content Index references the 2018 GRI Standards and provides specific information on how the Standards have been applied throughout the report. Page numbers refer to content in the ESG Report, unless otherwise noted. Materiality, as used in the context of the ESG Report and this GRI Content Index, is different than the definition used in the context of filings with the SEC.

GRI General Disclosures


Disclosure Number

Disclosure Title

Location

ORGANIZATIONAL PROFILE

102-1

Name of the organization

Walmart Inc.

102-2

Activities, brands, products and services

2019 Form 10-K, page 7-14
Our business, page 3

102-3

Location of the organization’s headquarters

Bentonville, Ark.

102-4

Location of operations

2019 Form 10-K, pages 7-14, 25-27

102-5

Ownership and legal form

2019 Form 10-K, page 29

102-6

Markets served

2019 Form 10-K, pages 7-14, 25-27

102-7

Scale of the organization

Our business, page 3
Retail opportunity, page 45
2019 Form 10-K, pages 25-26, 30

102-9

Supply chain

Sustainable sourcing, pages 27-31
Responsible sourcing, pages 54-55
2019 Form 10-K, page 13

102-10

Significant changes to the organization and its supply chain

During FY2019, there have been no significant changes to the organization or our supply chain.

102-11

Precautionary Principle or approach

Walmart addresses the precautionary approach for products with the application of the Walmart Sustainability Index, a science-based, third party tool developed by The Sustainability Consortium in collaboration with universities, NGOs and suppliers. The Index 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.

102-12

External initiatives

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, United Nations Sustainable Development Goals.

102-13

Membership of associations

We work with industry groups in many countries in which we operate, including, but not limited to, the Consumer Goods Forum, Leadership Group for Responsible Recruitment, Seafood Task Force, Association of Professional Social Compliance Auditors, Renewable Energy Buyers Alliance, Billion Dollar Roundtable, and Global Food Safety Initiative.

STRATEGY

102-14

Statement from senior decision-maker

A message from our Chief Executive Officer, pages 4-5

102-15

Key impacts, risks and opportunities

A message from our Chief Executive Officer, pages 4-5
A message from our Chief Sustainability Officer, pages 6-7
Defining our ESG priorities, pages 12-13

ETHICS AND INTEGRITY

102-16

Values, principles, standards and norms of behavior

Ethics & Compliance, pages 75-76
www.walmartethics.com
2019 Proxy Statement, page 2

102-17

Mechanisms for advice and concerns about ethics

Ethics & Compliance, page 76
www.walmartethics.com

GOVERNANCE

102-18

Governance structure

Overseeing the ESG Agenda, pages 70-71
2019 Proxy Statement, pages 22-27

102-19

Delegating authority

Overseeing the ESG Agenda, pages 70-71
2019 Proxy Statement, pages 31

102-20

Executive-level responsibility for economic, environmental and social topic

Overseeing the ESG agenda, pages 70-71
Nominating and Governance Committee Charter

102-21

Consulting stakeholders on economic, environmental and social topics

Defining our ESG priorities, pages 12-13
Stakeholder engagement, page 16
Overseeing the ESG Agenda, pages 73-74
2019 Proxy Statement, pages 31-32

102-22

Composition of the highest governance body and its committees

2019 Proxy Statement, pages 10-20
Corporate Governance website

102-23

Chair of the highest governance body

Corporate Governance website

102-24

Nominating and selecting the highest governance body

2019 Proxy Statement, pages 11-12
Corporate Governance website

102-25

Conflicts of interest

2019 Proxy statement, page 47

102-26

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

Corporate Governance website

102-27

Collective knowledge of economic, environmental and social topics

Overseeing the ESG Agenda, pages 70-71
2019 Proxy Statement, page 30
Corporate Governance website

102-29

Identifying and managing economic, environmental and social impacts

Defining our ESG priorities, goals & targets, pages 12-13

102-30

Effectiveness of risk management processes

Overseeing the ESG Agenda, pages 70-71
Nominating and Governance Committee Charter
2019 Proxy Statement, page 30

102-31

Review of economic, environmental and social topics

Overseeing the ESG Agenda, pages 70-71
Nominating and Governance Committee Charter

102-33

Communicating critical concerns to the highest governance body

Governance, pages 70-73

102-35

Remuneration policies

2019 Proxy Statement, pages 46-51

102-36

Process for determining remuneration

2019 Proxy Statement, pages 46-51

102-37

Stakeholders' involvement in remuneration

2019 Proxy Statement, page 51

STAKEHOLDER ENGAGEMENT

102-40

List of stakeholder groups

Stakeholder engagement, page 16
Overseeing the ESG Agenda, pages 72-73

102-42

Identifying and selecting stakeholders

Stakeholder engagement, page 16
Overseeing the ESG Agenda, pages 72-73

102-43

Approach to stakeholder engagement

Stakeholder engagement, page 16
Overseeing the ESG Agenda, pages 72-73

102-44

Key topics and concerns raised

Stakeholder engagement, page 16
Overseeing the ESG Agenda, pages 72-73

REPORTING PRACTICE

102-45

Entities included in the consolidated financial statements

2019 Form 10-K, pages 7-14

102-46

Defining report content and topic Boundaries

Defining our ESG priorities, pages 12-13

102-47

List of the material topics

Defining our ESG priorities, pages 12-13

102-48

Restatements of information

Endnotes, pages 91-94

102-49

Changes in reporting

About this report, page 8

102-50

Reporting period

FY2019 (February 1, 2018 through January 31, 2019), unless otherwise noted

102-51

Date of most recent report

2019

102-52

Reporting cycle

Annually

102-53

Contact point for questions regarding the report

CASSR@wal-mart.com

102-54

Claims of reporting in accordance with the GRI Standards

This material references the 2018 GRI Standards and specifies which Standards have been applied through the Content Index

102-55

GRI content index

Our GRI Content Index is available at:
https://corporate.walmart.com/esgreport/Global-Reporting-Initiative

102-56

External assurance

We did not seek external assurance for this report

Topic-Specific Disclosures


Disclosure Number

Disclosure Title

Location

GRI 201: Economic performance

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Climate change, pages 21-26
CDP response

103-2

The management approach and its components

Climate change, pages 21-26
CDP response

103-3

Evaluation of the management approach

Climate change, pages 21-26
CDP response

201-2

Financial implications and other risks and opportunities due to climate change

Climate change, pages 21-26
CDP response

GRI 202: Market presence

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Retail opportunity, pages 45-53

103-2

The management approach and its components

Retail opportunity, pages 45-53

103-3

Evaluation of the management approach

Retail opportunity, pages 45-53

GRI 203: Indirect economic impacts

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Retail opportunity, pages 45-53
Communities, pages 67-68
www.walmart.org

103-2

The management approach and its components

Retail opportunity, pages 45-53
Communities, pages 67-68
www.walmart.org

103-3

Evaluation of the management approach

Retail opportunity, pages 45-53
Communities, pages 67-68

203-2 a

Significant indirect economic impacts

Retail opportunity, pages 45-53
Communities, pages 67-68
www.walmart.org

GRI 204: Procurement practices

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Inclusive sourcing, page 61

103-2

The management approach and its components

Inclusive sourcing, page 61

103-3

Evaluation of the management approach

Inclusive sourcing, page 61

204-1 a, b

Proportion of spending on local suppliers

Inclusive sourcing, page 61

GRI 305: Emissions

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Climate change, pages 21-26

103-2

The management approach and its components

Climate change, pages 21-26
Sustainable supply chain, pages 27-31

103-3

Evaluation of the management approach

Climate change, pages 21-26
Sustainable supply chain, pages 27-31

103-5

Reduction of GHG emissions

Climate change, pages 21-26
Sustainable supply chain, pages 27-31
CDP response

305-4 a-c

GHG emissions intensity

Climate change, page 22
CDP response

GRI 306: Effluents and Waste

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Waste, pages 32-36

103-2

The management approach and its components

Waste, pages 32-36

103-3

Evaluation of the management approach

Waste, pages 32-36

GRI 308: Sustainable supply chain

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Sustainable supply chain, pages 27-31
Sustainability Hub

103-2

The management approach and its components

Sustainable supply chain, pages 27-31
Sustainability Hub

103-3

Evaluation of the management approach

Sustainable supply chain, pages 27-31
Sustainability Hub

308-2 c

Negative environmental impacts in the supply chain and actions taken

Sustainable supply chain, pages 27-31
Sustainability Hub

GRI 401: Employment

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Retail opportunity, pages 45-53

103-2

The management approach and its components

Retail opportunity, pages 45-53

103-3

Evaluation of the management approach

Retail opportunity, pages 45-53

401-2

Benefits provided to full-time employees that are not provided to temporary or part-time employees

Retail opportunity, page 48
2019 Annual Report, pages 13-14

GRI 404: Training and education

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Retail opportunity, pages 45-53

103-2

The management approach and its components

Retail opportunity, pages 45-53

103-3

Evaluation of the management approach

Retail opportunity, pages 45-53

404-2a

Programs for upgrading employee skills and transition assistance programs

Retail opportunity, pages 49-50

GRI 405: Diversity and equal opportunity

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Retail opportunity: Fostering inclusion, pages 51-53

103-2

The management approach and its components

Retail opportunity: Fostering inclusion, pages 51-53
Governance: Board diversity, page 74
2019 Proxy statement, page 11

103-3

Evaluation of the management approach

Retail opportunity: Fostering inclusion, pages 51-53
Governance: Board diversity, page 74
2019 Proxy statement, page 11

405-1 a-b i & iii

Gender and diversity: Diversity of governance bodies and employees

Retail opportunity: Fostering inclusion, pages 51-53
Governance: Board diversity, page 74
2019 Proxy statement, page 11

GRI 409: Forced or compulsory labor

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Human rights, pages 41-44
Responsible supply chains, pages 54-59
Standards for Suppliers
Human rights statement

103-2

The management approach and its components

Human rights, pages 41-44
Responsible supply chains, pages 54-59
Standards for Suppliers
Human rights statement

103-3

Evaluation of the management approach

Human rights, pages 41-44
Responsible supply chains, pages 54-59
Standards for Suppliers
Human rights statement

409-1 aii, b

Operations and suppliers at significant risk for incidents of forced or compulsory labor

Human rights, pages 41-44
Responsible supply chains, pages 54-59

GRI 414: Supplier social assessment

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Responsible supply chains, pages 54-59
Standards for Suppliers

103-2

The management approach and its components

Responsible supply chains, pages 54-59
Standards for Suppliers

103-3

Evaluation of the management approach

Responsible supply chains, pages 54-59
Standards for Suppliers

414-1

New suppliers screened using social criteria

Responsible supply chains, pages 54-59

GRI 417: Marketing and labeling

103-1

Explanation of the material topic and its boundary

Defining our ESG priorities, pages 12-13
Providing safer, healthier food and other products, pages 62-65
Sustainability Hub
Ethics & Compliance: Food Safety
Ethics & Compliance: Product Safety; Product Safety Policy

103-2

The management approach and its components

Providing safer, healthier food and other products, pages 62-65
Sustainability Hub
Ethics & Compliance: Food Safety
Ethics & Compliance: Product Safety; Product Safety Policy

103-3

Evaluation of the management approach

Providing safer, healthier food and other products, pages 62-65
Sustainability Hub
Ethics & Compliance: Food Safety
Ethics & Compliance: Product Safety; Product Safety Policy

417-1 a

Requirements for product and service information and labeling

Providing safer, healthier food and other products, pages 62-65
Waste, pages 32-36
U.S. Product Quality and Compliance Manual
Global Product Safety & Compliance Policy

SASB

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 2019 ESG Report (the “ESG Report”). In certain instances and as noted below, a specific SASB topic may be discussed generally in our ESG Report but Walmart does not currently track or report progress on the corresponding metrics. For quick reference, we have indicated below the location(s) in our ESG Report where these topics and metrics, if applicable, are discussed.


Industry

SASB Topic

Metric

SASB Code

WMT 2019 ESG Report Location

Notes

Consumer Goods

Multiline and Specialty Retailers & Distributors

Energy Management in Retail & Distribution

(1) Total energy consumed, (2) percentage grid electricity, (3) percentage renewable

CG-MR-130a

ESG Report pgs. 80-81

Variation between SASB and ESG Report: change in scope 1 and 2 emissions, change in carbon intensity, % renewable, solar installations

Workforce Diversity & Inclusion

Percentage of gender and racial/ethnic group representation for (1) management and (2) all other employees

CG-MR-330a

ESG Report pg. 46; pg. 52

Variation between SASB and ESG Report: % women and POC by Walmart board, U.S. corporate officers, U.S. management, U.S. workforce, revenue generating, IT and engineering workforce

Product Sourcing, Packaging & Marketing

Discussion of strategies to reduce the environmental impact of packaging

CG-MR-410a

ESG Report pg. 32-34

E-Commerce

Employee Recruitment, Inclusion & Performance

Employee engagement as a percentage

CG-EC-330a

ESG Report pg. 50

Employee engagement is measured by referral to friends/family to work at Walmart

Apparel, Accessories & Footwear

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

ESG Report pg. 83

Variation between SASB and ESG Report: % product sales sourced from supplier facilities that he completed HIGG assessment

Labor Conditions in the Supply Chain

Description of the greatest (1) labor and (2) environmental, health, and safety risks in the supply chain

CG-AA-430b

ESG Report pg. 43; pg. 59

Raw Materials Sourcing

Description of environmental and social risks associated with sourcing priority raw materials

CG-AA-440a

ESG Report pg. 59

Food & Beverage

Food Retailers & Distributors

Food Waste Management

Amount of food waste generated, percentage diverted from the waste stream

FB-FR-150a

ESG Report pg. 32

Variation between SASB and ESG Report: 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

ESG Report pg. 64

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

ESG Report pg. 82
See also: Walmart’s Animal Welfare: Corporate Policies and Guidelines

Variation between SASB and ESG Report: implementation of video monitoring on sow farms

Metrics identified by SASB do not necessarily have an equivalent under either U.S. generally-accepted accounting principles (i.e., U.S. GAAP) or international financial reporting standards (i.e., IFRS). Therefore, the methodologies, estimates and assumptions and underlying source data used by one company may not be directly comparable with how another company measures and tracks the same SASB metric. For each metric referred to above, additional information about how Walmart measures and tracks such metrics can be found in the relevant section of our ESG Report. In some cases and as noted above, additional information about a particular topic was not included in our ESG Report but may be found on our corporate website. Information on our corporate website is not incorporated by reference into our ESG Report.