Walmart’s CSR And DEI initiatives in India
Walmart’s CSR And DEI initiatives in India
Walmart’s initiatives in India:
CSR Initiatives:
Supporting Indian Businesses in the Supply Chain:
Provides training, mentoring, and digital tools to Indian businesses to enhance their capabilities and integrate into the domestic supply chain.
Empowering MSMEs:
Collaborates with Swasti to offer education at Walmart Vriddhi institutes, benefiting MSME entrepreneurs.Certainly! Walmart collaborates with several organizations in India to support various initiatives. Here are some notable collaborations:
Walmart Growth Summit:
Walmart concluded its inaugural India Growth Summit, where export-ready suppliers, innovators, and entrepreneurs from 24 states and union territories participated in pitch meetings. More than 80% of the suppliers received invitations to move forward. The goal was to accelerate exports across categories where India has expertise, including food, consumables, health and wellness, general merchandise, apparel, shoes, home textiles, and toys1.
Walmart Vriddhi Supplier Development Program:
Walmart launched the Walmart Vriddhi program to empower 50,000 Indian MSMEs (Micro, Small, and Medium Enterprises) to participate in domestic and global supply chains. This program aims to strengthen local manufacturing and support the “Make in India” initiative2.
Collaboration with Flipkart:
Walmart, in association with Flipkart, has reached its goal through the Walmart Vriddhi training and mentorship program. They are empowering MSMEs to participate in supply chains both domestically and globally3.
Research and Education with IIT-Madras:
Walmart Global Tech (WGT) has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Madras (IIT-M). This collaboration accelerates research in new technology areas and provides continuing education for associates. They also collaborate on projects related to Corporate Social Responsibility (CSR)4.
DEI Initiatives:
Belonging, Diversity, Equity & Inclusion (DEI) Program:
Focuses on creating a culture of belonging for associates.
Tracks progress toward inclusion and governance.
Advancing Disability Inclusion:
Walmart scored 100 on the 2021 Disability Equality Index (DEI) for the sixth consecutive year.
TOTAL OVERVIEW-
Corporate Social Responsibility (CSR):
Focus Areas:
Environmental sustainability
Community development
Ethical business practices
Supply chain responsibility
Philanthropy and social impact
Diversity, Equity & Inclusion (DEI):
Focus Areas:
Representation (diversity in hiring and leadership)
Inclusive policies and practices
Equity in pay and promotions
Employee resource groups
Training and education on bias and inclusion
Walmart’s initiatives in India:
CSR Initiatives:
Supporting Indian Businesses in the Supply Chain:
Provides training, mentoring, and digital tools to Indian businesses to enhance their capabilities and integrate into the domestic supply chain.
Resilient Agriculture:
Supports Indian farmers through interventions in agronomic practices, livelihood opportunities, digitization, and financial inclusion.
Empowering MSMEs:
Collaborates with Swasti to offer education at Walmart Vriddhi institutes, benefiting MSME entrepreneurs.
DEI Initiatives:
Belonging, Diversity, Equity & Inclusion (DEI) Program:
Focuses on creating a culture of belonging for associates.
Tracks progress toward inclusion and governance.
Advancing Disability Inclusion:
Walmart scored 100 on the 2021 Disability Equality Index (DEI) for the sixth consecutive year.
Gender workforce ratio