Fortune 2016 Change the World List
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Priority Social Issues
- Various, including Food Waste and Environment
What started small, with a single discount store and the simple idea of selling more for less, has grown over the last 50 years into the largest retailer in the world. Today, nearly 260 million customers visit our more than 11,500 stores under 63 banners in 28 countries and e-commerce sites in 11 countries each week. With fiscal year 2016 revenue of $482.1 billion, Walmart employs 2.3 million associates worldwide – 1.5 million in the U.S. alone. It’s all part of our unwavering commitment to creating opportunities and bringing value to customers and communities around the world (Walmart: Our Story).
The work we do to help people live better extends far beyond the physical walls of our stores, making a real difference on the real issues that matter to us all. From local issues like domestic manufacturing and job creation to global issues like preserving the environment, fighting hunger, empowering women, and providing access to healthy, affordable food, our efforts impact communities around the world and affect the lives of people we will never meet (Walmart: Global Responsibility).
It’s our mission to create opportunities so people can live better. We consider it our responsibility to make a positive impact in the communities we serve. Whether it’s through the grants we provide to the thousands of organizations that share our mission or through the inspiring volunteer efforts of Walmart associates, we are passionate about helping people live better. One community at a time.
In 2014, Walmart and the Walmart Foundation gave $1.4 billion in cash and in-kind contributions around the world. Global in-kind donations accounted for $1 billion, while $309 million was given in cash globally.
Walmart Foundation President Kathleen McLaughlin spoke at the 2015 Shared Value Leadership Summit on how the foundation is addressing the problem of food waste—which affects core business as well: