Wal-Mart

Week 4 Team Written Assignment

Frank Pavelske

Wal-Marts Sustainability Strategy


Abstract

As the worlds largest retailer Wal-Mart has enormous tariff to its many

stakeholders. Following past start and stop attempts, Wal-Marts chief executive officer announced in

2005 a commitment to set goals to be speed of light% supplied by renewable energy, create zero

waste and to sell products that adjudge the worlds resources and environment (Stanford

Graduate School of vocation; Wal-Marts Sustainability Strategy, 2007). Since

a typical Wal-Mart patron is seeking a quality product at the lowest possible scathe this

has posed a major challenge to Wal-Mart and their relationship with spheric suppliers.

I feel Wal-Marts strategy in relaying these expectations should be to use their

incredible market advantage in pressuring suppliers to arrest to comply with

environmental laws using signed cooperative agreements. Wal-Mart began by working

with Blu Skye, Conservation International (CI) and Environmental Defense (ED) using

data compiled by the Union of Concerned Scientists (UCS) to target the main areas to

concentrate their centralize (Stanford Graduate School of Business; Wal-Marts Sustainability

Strategy, 2007).
















Not all did Wal-Mart require buy-in to their strategy internally but comprehensively

extended it to allow in the external entities they transact business with globally. china is

by out-of-the-way(prenominal) Wal-Marts largest supplier of goods. If Wal-Mart were a country, they would be

Chinas seventh largest trading partner (Stanford Graduate School of Business; Wal-Marts

Sustainability Strategy, 2007). However, Chinas lack of environmental regulations and

virtual indifference to environmental concerns in general posed a gigantic challenge.

Nonetheless, Wal-Mart support its responsibility to its stake holders to initially focus

their strategy in China. Wal-Mart collaborated with non-governmental organizations...If you compulsion to get a full essay, order it on our website: Orderessay



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