Walmart
Corporate Bias Rating
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Risk Level:
Summary:
Walmart is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Walmart embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
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CEO of Walmart
Doug McMillon
Summary:
Headquartered in Bentonville, Arkansas, Walmart is a member of the Fortune 250 operating in the Food and Staples Retailing industry. Doug McMillon and Gregory B. Penner serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $1,779,770 to Republican causes and $802,467 to Democratic causes. Under their tenure, Walmart currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$1,779,770
$802,467
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 6/5/24 | Governance | National Center for Public Policy Research | Corporate Financial Sustainability Report | Against | 0.38% |
| 6/5/24 | Governance | Cynthia Murray | Workplace Safety and Violence Review | Against | 19.08% |
| 6/5/24 | Social | Bowyer Research | Report on Respecting Workforce Civil Liberties | Against | 0.47% |
| 6/5/24 | Governance | The Shareholder Commons on behalf of Legal & General Investment Management America | Set Compensation that Optimizes Portfolio Value for Company Shareholders | Against | 4.40% |
| 6/5/24 | Social | Oxfam America | Human Rights Impact Assesments | Against | 11.55% |
| 6/5/24 | Social | The Organization United for Respect (OUR) | Racial Equity Audit | Against | 15.38% |
| 6/5/24 | Social | The Accountability Board | Publication of Targets for Transitioning from Gestation Crates in Pork Supply Chain | Against | 12.50% |
| 5/31/23 | Social | National Center of Public Policy Research | Racial and Gender Layoff Diversity Report | Against | 1.50% |
| 5/31/23 | Social | National Legal and Policy Center | Communist China Risk Audit | Against | 1.30% |
| 5/31/23 | Governance | Cynthia Murray | Workplace Safety and Violence Review | Against | 23.80% |
| 5/31/23 | Governance | Franciscan Sisters of Perpetual Adoration | Create a Policy to Align Executive Compensation with Worker Pay | Against | 4.30% |
| 5/31/23 | Social | Clean Yield Asset Management | Report on Reproductive Rights and Data Privacy | Against | 5.20% |
| 5/31/23 | Governance | James McRitchie | Request to Require Shareholder Approval of Certain Future Bylaw Amendments | Against | 5.70% |
| 5/31/23 | Social | Oxfam America | Prepare a Report on Walmart's Human Rights Due Diligence | Against | 5.80% |
| 5/31/23 | Social | Organization United for Respect | Racial Equity Audit | Against | 18.10% |
| 6/1/22 | Social | National Legal and Policy Center | Report on Charitable Contributions | Against | 0.98% |
| 6/1/22 | Social | National Center for Public Policy Research | Report on Civil Rights and Non-Discrimination Audit | Against | 0.56% |
| 6/1/22 | Governance | Cynthia Murray | Create a Pandemic Workforce Advisory Council | Against | 12.53% |
| 6/1/22 | Social | Clean Yield Asset Mgmt. | Report on Impacts of Reproductive Healthcare Legislation | Against | 12.78% |
| 6/1/22 | Social | Franciscan Sisters of Perp. Adoration | Report on Alignment of Racial Justice Goals and Starting Wages | Against | 13.19% |
| 6/1/22 | Social | Zevin Asset Mgmt. | Report on Lobbying Payments and Policy | Against | 14.40% |
| 6/1/22 | Social | Humane Society of the U.S. | Report on Animal Welfare Polices and Practices in Food Supply Chain | Against | 16.39% |
In the News
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