2018 Walmart Shareholders Meeting

2018 Walmart Shareholders Meeting

For the first time in Walmart shareholder meeting history, Walmart’s top 1% has changed the rules to exclude the majority of Walmart workers from being present during business proposal votes on wage transparency and other issues that affect them on a daily basis, further silencing the voice of Walmart workers. Which begs the question…

What is Walmart Hiding? 

Click here to read the 12 Things Walmart is Hiding from Its Shareholders and the American Public

Click here to read the The Growing Wage Divide Between Walmart’s Top 1% and its Workers

“The opposite direction” from better corporate governance

How did Walmart’s leaders respond to the myriad employees, investors, and proxy advisors urging the company to strengthen corporate governance standards by establishing an independent board chairman? Why, by entrenching Walton control of the company, of course, appointing director Greg Penner as the board’s vice chair and setting him up to succeed his father-in-law Rob Walton as chairman of the company.

Who’s responsible for the Walmart Mexico scandal?

Excellent piece from Ben Heineman Jr., a Senior Fellow of the Program on Corporate Governance at Harvard Law School, on Walmart’s Global Compliance Report and the state of the company’s FCPA investigations. An excerpt: 

Environmental activists: Don’t buy Walmart’s “green” PR

Environmental activists from the Institute for Local Self-Reliance and Environmental Action published a piece in the Huffington Post this week on the current state of Walmart’s environmental efforts, nine years after then-CEO Lee Scott proclaimed that the world’s largest retailer would become a leader on sustainability. An excerpt:

Walmart lobbied to avoid increased safety in Bangladesh

Politico broke the news earlier this week that Walmart hired lobbyists to fight a provision of the National Defense Authorization Act (NDAA) that would have cost the company business. Walmart has refused to sign the binding Bangladesh Accord on Fire and Building Safety, in favor of a voluntary alliance it formed with Gap and other retailers. From Politico:

Now Walmart workers are protesting director Christopher Williams

Two weeks ago, Walmart director and Yahoo! CEO Marissa Mayer once again faced protesting Walmart workers, who disrupted a fireside chat at the Dreamforce ’13 conference.

Why Walmart workers are protesting Board of Directors members like Marissa Mayer

Hey, so why are Walmart associates in OUR Walmart protesting Marissa Mayer and other members of Walmart’s Board of Directors? San Francisco Magazine actually talked to one of the protesters to find out:

Enviro orgs put Walmart on blast for greenwashing, treatment of associates

The Institute for Local Self-Reliance issued a scathing report yesterday on Walmart’s sustainability agenda, stating that the company’s PR work on its initiatives serves to mask the fact that Walmart’s impact on climate and the environment is worsening.