I’d like to talk about the sustainability part of Wal-Mart Sustainability in corporations actually is a kind of corporate environmentalism. In order to shed light on this part, I’ll show you three points respectively.
In the first part, some outcomes of Wal-Mart’s environmentalism will be introduced. 1. In order to strengthening customer trust, improving product quality, they held a Global Sustainability Summit and made a standard for products. They claim that all Suppliers must reveal the name and location of every factory they use. If they do not live up to the standard, Wal-Mart will stop buying from them.
2. Second, reduce cost and create a more efficient supply chain. The company decided to start small packaging optimization program. like Reducing the size of boxes for just its tea sets saved $3.5 million in shipping costs, eliminated 5,100 trees cut down for packaging.
3. Improve the sustainability of the products our customers love. Employees in wal-mart suggested that recycling of the waste plastic and cardboard of "Sandwich bale”, which transformed the garbage into a $13 million source of revenue and eliminated $17 million in hauling expenses to landfills.
Let’s move on to the development of sustainability. Although Wal-Mart claims that it is a green company which use recycled materials and promote recycling behavior. Like what we observed in Wal-Mart in Wanda square, they sell some environmental friendly shopping bags near the checkout counter.
But the reality is far from the satisfaction. Corporate environmentalism has become a triple line, which suggests that Wal-Mart should integrate economic, social and environmental issues into organizational decision-making. it is an outcome of reducing environmental impacts while increasing production efficiency as well. Whether for the short- or longer-term, Wal-Mart's sustainability is always undertaken in expectation of a financially positive result. So under the condition of highly cost of...
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