Walmart wants to buy from women
Published: Aug 06, 2012
Asia - As part of its sustainability efforts, Walmart Asia will continue to make economic empowerment of women a key focus area in the region in its sourcing processes.
In its commitment to women, the US-based retailer has been doubling their sourcing activities from women-owned business across its global supply chain.
Under its global Women's Economic Empowerment Initiative, which was launched in September last year, the company is making use of its size and reach to help women and charitable donations for women and their families in poverty. With the launch of its Walmart Global Sourcing programme, the company aims to improve the lives of women factory workers in Bangladesh, India and other key sourcing markets.
In the US, Walmart has made a commitment to source US$20 billion from women owned businesses.
Scott Price, president and CEO of Walmart Asia, said the company wants to drive the development of economies with its cause.
"Through our on-going initiatives, Walmart Asia strives to tangibly reduce grass roots poverty," he said.
The company will also look to help women through internal hiring practices and skills development programmes. Walmart Asia has been developing empowerment programmes across the region, helping to increase women owned businesses and making sizeable donations to charitable initiatives.
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