Did Wal-Mart Wake Up? - The Arthur Page Society
Did Wal-Mart Wake Up? - The Arthur Page Society
Did Wal-Mart Wake Up? - The Arthur Page Society
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In every step forward, you have to make sure you're constantly educating your<br />
staff, that we have a checking process. If you fall down, you have to get up.<br />
People respect that. We've proved our commitment to doing it right. Retreat was<br />
not an option. This was too central a focus to the strategy of the firm to go back. 50<br />
4.5 Corporate Social Responsibility<br />
For the past two years, <strong>Wal</strong>-<strong>Mart</strong> has proudly been named by the Chronicle of<br />
Philanthropy as the largest corporate cash contributor in America, in which 90 percent of<br />
its charitable cash donations were at the local level. 51 52 One effort in particular<br />
contributed positively the company’s reputation: its relief for victims of Hurricane<br />
Katrina in 2005. As local, state and federal officials geared up for the nation’s worst<br />
natural disaster in history, <strong>Wal</strong>-<strong>Mart</strong> had 45 truckloads of relief supplies ready to be<br />
shipped before Katrina hit the mainland. A week after Katrina hit, <strong>Wal</strong>-<strong>Mart</strong> sent 1,900<br />
trailer loads of emergency supplies to affected areas. 53 <strong>Wal</strong>-<strong>Mart</strong> also pledged more than<br />
$2 million in contributions towards the relief fund and stores, giving away free<br />
merchandise in several evacuation areas. <strong>The</strong> mayor of Kenner, Louisiana would later<br />
comment on MSNBC that the Federal Emergency Management Administration should<br />
have taken a lesson from <strong>Wal</strong>-<strong>Mart</strong>. 54 <strong>Wal</strong>-<strong>Mart</strong> would continue this trend of disaster<br />
relief by contributing a total of $4 million in cash and products to assist with major<br />
natural disasters. 55<br />
Other charitable contributions made in 2007 include $5 million coupled with $35<br />
million in product donations to America’s Second Harvest, the nation’s largest hunger-<br />
relief organization, $67 million towards supporting education through literacy and<br />
scholarships, $32.5 million in donations to <strong>The</strong> Salvation Army’s bell-ringers in front of<br />
<strong>Wal</strong>-<strong>Mart</strong> stores, and $39 million to the Children’s Miracle Network in support of local<br />
20