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Walmart

Company Score

+0.08
Industry Food & Staples Retailing
Country United States
Year Added 2018
Impact Ratings 789
Impact Notes 17
SDG Covered 10 out of 17

Walmart Inc. is an American multinational retail corporation headquatered in Arkansas. It is a retailer and wholesaler that operates a chain of hypermarkets, department stores and grocery stores all with EDLP 'every day low prices.'

In 2019 Walmart reported revenue of US$514.405 billion making it the worlds largest company by revenue. Walmart and its other 'banners', all 59 of them, have over 11,300 stores and clubs in 27 countries. It employs 2.2 million people which also makes it the largest private employer in the world. The company operates under the name Walmart in the US and Canada, Walmart de México y Centroamérica in Mexico and Central America, Asda in the UK, the Seiyu Group in Japan, and as Best Price in India.

Read about Walmart and its impact below.

Impact notes

Decent work and Economic Growth

Walmart's marketing strategies target kids to gain popularity and increase its sales

Profile Paushali Bhattacharya
Icon time Fri Aug 28th, 2020 at 4:57pm

The US has a $25.5 billion toy market1, in which the marketing strategies are usually directed towards children. Advertisements have the potential to alter the perception of what a child wants and often encourages detrimental behaviour7, including stubbornness, false imaging, materialistic viewpoint, brand consciousness, etc11.

Good Health and Well-being

Though unintentionally, Walmart has contributed to the growing obesity epidemic in America

Profile Khadija Rahman
Icon time Fri Aug 28th, 2020 at 2:43pm

Between 2017 and 2018, over 42.4% of US adults were affected by obesity13. The annual cost of obesity is estimated to be approximately $2 trillion annually15;p2. The growing rate of obesity in America poses a serious threat to the physical and mental wellbeing of the people14.

Zero Hunger

Walmart Food Waste Reduction program delivered millions of pounds of food to the impoverished in USA

Profile stevsu07
Icon time Wed Jun 10th, 2020 at 7:42am

In a world where more than 800 millions people are malnourished1, it can be puzzling to think that food waste is also globally a major problem, with 1.3 billion tonnes of food being wasted every year2. While it is true that there is an imbalance between developed countries wasting more food per capita3 and developing countries having higher number of malnourished population4;p7, this paradox of food waste and food insecurity existing in the same society can also happen in the same, developed country. In USA, there are around 37 million people in 2018 that are considered food insecure5;p7, while 125-160 billion pounds of food are thrown away annually6;p4, costing the country USD 218 billion in lost resources in 20176;p10.

Quality Education

Walmart Inc. to provide quality and virtually free education for its employees

Profile adriana
Icon time Mon Apr 20th, 2020 at 11:40am

Quality education does not only have for a target access to universal primary education for all, but also to provide access to vocational training and achieving access to universal higher education as well. By achieving progress on universal primary and higher education front, it is easier for individuals to develop tools for sustainable development in their own community or worldwide.

Affordable and Clean Energy

Walmart is seriously investing to reach the goal of 50% renewable energy usage by 2025

Profile Irene Nzerem
Icon time Wed Mar 25th, 2020 at 1:12pm

US retail giant Walmart1 is committed since 2005, to be supplied by 100% renewable energy2,p.7. For now, according to its CEO, the company sets a goal to reach 50% global renewable energy usage by 20253 by investing notably in solar and wind energy in the form of long-term power purchase agreements (PPAs)2,p.2-3. In order to achieve this goal Walmart has launched the following:

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