Sustainable Practices and Operations in Walmart: How to be Sustainable in the Retail Sector

SUSTAINABLE PRACTICES AND OPERATIONS IN WALMART: HOW TO BE SUSTAINABLE IN THE RETAIL SECTOR
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The Date Table of Contents Sustainable Practices and Operations in Walmart: How to Be Sustainable in The Retail Sector 3 Introduction. 3 Local and Global Sustainability Concerns in Walmart 4 Sustainable Supply Chain Model in Walmart 5 Stakeholder Engagement, CSR, and Business Ethics in Walmart 7 Importance of Green Marketing in Walmart 9 Changing Patterns in Consumption Behavior and Sustainable Innovation in Walmart 10 Critical Challenges in Pursuing Sustainable Development in the Retail Industry. 12 Conclusion. 14 Reference list 16
Sustainable Practices and Operations in Walmart: How to Be Sustainable in The Retail Sector Introduction Walmart, an established retailer worldwide, has over ten thousand stores in over 20 nations. As a significant retail industry player, Walmart's activities impact the environment and society. The company's operations utilize massive resources, including energy, water, raw materials, and packaging, that significantly impact the environment. Recognizing its environmental impact, Walmart has initiated programs to make its operations sustainable. Notably, sustainability in the retail sector is crucial because of environmental pollution, ecological degradation, and climate change. Retailers like Walmart significantly contribute to greenhouse gas emissions, waste, and resource depletion. Therefore, companies like Walmart propose adopting sustainable practices and operations to reduce environmental impact and promote social responsibility.   Figure 1: Walmart Logo From The Guardian, Mandel, 2021 This report will explore the issue of sustainable practices and operations at Walmart. The paper focuses specifically on how Walmart can be sustainable. In this regard, it examines the current sustainability practices, evaluating their effectiveness in addressing sustainability concerns. Further, the essay aims to evaluate the importance of adopting a sustainable supply chain model, particularly regarding the design and production of products. It will consider the effects of raw materials sourcing on the surroundings, which includes people and society. Another aspect that will be addressed in the essay is assessing the value of engaging stakeholders and the effects of social responsibility, ethics, and environmental concern by Walmart. It is also crucial to understand the value of green marketing. Green marketing is a business strategy intended to promote eco-friendly products and highlight opportunities for the company to utilize green marketing in present and future business decisions. Local and Global Sustainability Concerns in Walmart Walmart has been facing sustainability concerns locally and globally. As Walmart expands its operations, there is enhanced pressure to demonstrate its commitment to sustainability (Carpio-Aguilar, Rincón-Moreno and Franco-García, 2019). Walmart faces numerous major sustainability concerns, and the company has strategies to address them. As a large retailer, Walmart's operations produce massive greenhouse gas emissions, increasing its carb...