Wal-Mart sets an agenda of social change

The Financial Express, January 28, 2008  

Wal-Mart pledged to cut the energy used by many of its products 25%, to force the chain's suppliers to meet stricter ethical standards, and to apply its cost-cutting skills to help other Companies deliver health care for their employees.

In a lofty address to store managers that at times resembled a campaign speech, the chief executive of Wal-Mart Stores, H Lee Scott Jr, said, "We live in a time when people are losing confidence in the ability of government to solve problems." But Wal-Mart, he said, "does not wait for someone else to solve problems." He laid out sweeping plans for the company on several health and environmental issues, and he hinted that even more ambitious goals might be on the horizon.

Full article here

See also "Wal-Mart chief pledges higher prices for sustainable suppliers" at Food Production Daily