How Green are they? Juliana Acosta Melanie Bauer Eryn Eledge Jose Mendoza Erik Sharp Bus 305-01 Kurtz October 9, 2013 Agenda • • • • • • • • Background Facts The Environment and Corporate Culture (2) Managing Ethics and Social Responsibility (4) Commercial Break Mini Quiz Leadership (11) Recap and Questions Background • Founded by Sam Walton in 1962 • Publicly traded in 1970 ▫ First stock sold at $16.50 per share • Reached $1 billion in annual sales in 1980 • Went global in 1991 ▫ Mexico, Canada, China • Celebrated 50 years of “helping people save money so they can live better” in 2012 Facts • # 1 retailer in the world • 10,900 retail units • 27 different countries • 2.2 million employees • 1.3 million employees in the U.S. The Environment and Corporate Culture • Top three on EPA’s Green Power Partnership • Implementing a number of green energy projects • Zero waste policy and renewable energy • Walmart slogan Energy Production • American’s image and sustainability • Harnessing solar power • More than 180 renewable energy projects in operation Efficient Trucking • New and improved truck routes • Implementation of distribution hubs • Future goals for trucking • The trucks themselves The Environment • The external environment and Walmart • Sociocultural and assessing the surrounding area Green Store, Green Products • http://www.youtube.com/watch?v=3mAVkrfYJ Gg Managing Ethics and Social Responsibility • Committed to CSR • Walmart and its suppliers • Responsibility and ethics • Greenhouse gas emissions Responsibility and Sustainability • The three R’s • Reusable Bags • Sustainability Mini Quiz 1. Who is the founder of Walmart? 2. How many countries have Walmart stores? 3. What is being done to make the trucks more efficient? 4. What is the 4th “R” that Walmart created? 5. How much was the first Walmart stock sold for? Leadership • Leadership is the ability to influence people toward the attainment of organizational goals • Good management leads to the future Walmart as a Leader Walmart can use its place as a leader in many markets to set examples for other companies in the same industries. Being an Authentic Leader Practices solid values Pursues purpose with passion Leads with the heart as well as the head The Authentic Leader Connects with others Demonstrates Self-Discipline Recap and Conclusions • Doing their part to make a difference • Walmart and CSR • Leader within industry and society Questions? Thank you! Support your local Walmart, because they support you! Sources • Daft, R. L., & Marcic, D. (2013). Understanding Management. Mason, OH: Cengage Learning. • http://www.csrwire.com/members/12774-Wal-Mart-StoresInc• http://understory.ran.org/2010/10/27/walmart-goes-out-ona-limb/ • http://www.smartplanet.com/blog/business-brains/walmartplans-solar-for-60-more-stores-in-california/18859 • http://www.treehugger.com/cars/wal-mart-tests-new-dieselhybrid-trucks-reclaimed-cooking-grease-and-lng-fuels.html • http://authorstream.s3.amazonaws.com/content/1786453_6 35025481464787500.jpg • Humes, E. (2011). Force of Nature: The Unlikely Story of Wal Mart's Green Revolution. New York, NY: Harper Collins Publishers.