Monday, November 26, 2007
Wal-Mart’s Environmental Report Card
Officially, Wal-Mart Stores released a “comprehensive report of its sustainability efforts” yesterday. But the much-anticipated document could more accurately be described as a citizenship report.
The report did provide many facts and figures about the progress the company has made since October 2005, when it promised to sharply reduce the environmental effects of its operations and of the products it sells.
But Wal-Mart used sustainability as a catch-all phrase that encompasses areas as disparate as health care plans for employees, charitable giving, diversity and promotion policies, even corporate governance issues like the structure of its board and the way it pays executives. It even listed the number of miles employees said they had walked, swam or biked as part of a Personal Sustainability Project the company introduced last year.
See full Article.