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

Critical appraisal of company's CSR - Essay Example Currently, there are over 7000 stores worldwide and employs more than 2.1 people, commonly referred to as associates according to Sam’s policy. The company also has thousands of departmental and discount stores all over the world. The headquarters of Wal-Mart Stores is in Bentonville, Arkansas. The company topped the list of Fortune Global 500 as one of the largest public companies based on revenue. The company publishes a report dubbed the Global Responsibility Report to keep the public 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 made annually. The report all emphasizes on equality and gender diversity in its associates. The company also has an advisory board on Gender Equality and Diversity, who role is to ensure equality and proper gender representation in the gender roles. This has seen an increase in the number of female leaders 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 maintain confidence in the multinational company. From ethical sourcing, hunger relief, school nutrition programs, police and military family support, anti-malaria initiatives and small 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 wrong reasons. The firm has taken measures to overcome this negative perception by engaging in ethical sourcing of its employees. There is screening of employees when being hired in addition to practicing gender