Lee Scott

Walmart is now recognized as a vital part of the solution to the most pressing economic and social challenges. In response to the health care crisis in the U.S., the Walmart team introduced $4 generic prescription drugs and in-store health clinics. They also partnered with other employers and opinion leaders to call for major health care reform. The company also expanded its benefits and bonus program for associates. In the area of social and environmental responsibility, Walmart has emerged as a leader in sustainable practices, leveraging Walmart’s global reach in three key areas: renewable energy, zero waste and sustainable products. The company has also set aggressive goals to work with suppliers in building a more responsible global supply chain. In this presentation, Lee Scott addresses why it is important for corporations to take social issues into account and how it can be done effectively.