The policy aims at forming sustainability as a responsibility towards the environment, form national and international perspectives. The usage of renewable sources of energy to the maximum extent possible can help the firm achieve better corporate social responsibility. The scope for this policy is to ensure that maximum awareness is spread among employees and consumers with regard to the usage of renewable sources of energy. The objective is to ensure that there is minimization of pollution to the maximum possible extent and that there is reduction in environment hazards within the organization.
Workplace sustainability policy and benchmarking
The workplace sustainability policy aims at including renewable sources of energy in the operations of the business of Wal-Mart. This is to be benchmarked against the sustainability policies of other supermarkets in the same region with the same business policies. This helps ensure better levels of growth and continuous improvement to the different aspects of the corporate social policy of the organization. It helps achieve better growth and also helps create stronger levels of sustainability at workplace. In this way it resolves several of the environment problems to a certain extent.
The policy is to stop usage of plastic and use solar energy and biomass energy to the maximum possible extent. This does help the organization obtain stronger goodwill and support from the government. It also leads to adherence with the EPA act and makes it sustainable even in case of international business. In this way Wal-Mart can benefit out of this strategy to a great extent. It is possible for the firm to obtain favorable government opinion as well. This is useful to the firm from a strategic point of view as well as helps improve the societal welfare levels. In this way it is beneficial to each of the stakeholders.