arguments against CSR and some answers
Global Reporting Initiative - commentary
Wal-Mart pledges major focus on the environment
A News item from Business Respect, Issue Number 87, dated 25 Oct 2005
Wal-Mart Chief Executive Lee Scott has said that Wal-Mart will now aim to become a 'good steward for the environment' with a target ultimately of using only renewable energy sources and producing zero waste.
Speaking to the store's employees in a speech made public, he said: As one of the largest companies in the world, with an expanding global presence, environmental problems are our problems." He added that the company was coming to realise that many of the issues where the company had been on the defensive represented opportunities not problems.
Targets adopted by the company include doubling the fuel efficiency of the truck fleet within 10 years, cutting solid waste produced by 25 percent within 3 years, and investing $500m per year in efficient energy technologies.
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