Wednesday, May 8, 2019

Critical appraisal of company's CSR Essay Example | Topics and Well Written Essays - 3000 words

Critical appraisal of participation&aposs CSR - Essay ExampleCurrently, there are over 7000 stores worldwide and employs more than 2.1 people, commonly referred to as associates according to Sams policy. The company also has thousands of departmental and discount stores all over the world. The home base of Wal-Mart Stores is in Bentonville, Arkansas. The company topped the list of Fortune Global 500 as one of the largest frequent companies based on revenue.The company publishes a report dubbed the Global Responsibility Report to keep the unexclusive informed. The report covers People, profit, and the planet. It informs the general public and customers the progress on various projects as well the earnings do annually. The report all emphasizes on equality and gender diversity in its associates. The company also has an consultive board on Gender Equality and Diversity, who role is to ensure equality and proper gender pattern in the gender roles. This has seen an increase in the number of female drawing cards in the top leader from 23 873 in 2005 to 25,246 in 2010 (Wal-Mart Stores, 2013).As one, the multinational companies, Wal-Mart has adopted corporate social responsibility as one of its core business strategies. The store invests billions of dollars annually in a variety of projects to ensure its customers support confidence in the multinational company. From ethical sourcing, hunger relief, school nutrition programs, police and military family support, anti-malaria initiatives and teensy-weensy farmer market access, Wal-Mart stores CSR strategy is all round (Wal-Mart Stores, 2013).The firm engages in ethical sourcing of its associates. Previously, the firm had a court battle for employing underage kids in Bangladesh. As a result, the firm was in the spotlight for the ill-use reasons. The firm has taken measures to overcome this negative perception by engaging in ethical sourcing of its employees. in that respect is screening of employees when being hired in addition to practicing gender

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