June 5, 2020
- Walmart made a five-year, $100 million philanthropic commitment to create a new Center for Racial Equity that strives to support initiatives that complement and extend the work of our SVNs to help make a structural impact on improving racial equity within societal systems. The initiatives funded will focus on research, advocacy, innovation of practices and tools, stakeholder convening, and non-profit capacity building. Learn more about this below.
- Walmart launched the Supplier Inclusion Advisory Council, whose mission is to foster, promote, grow, develop and retain a robust inclusive supply chain.
Read more about Walmart’s commitments and progress here.
- Walmart and the Walmart Foundation aspire to build healthier, resilient systems that are good for society, and together, with grantees, associates, and communities around the world, strive to transform the systems to help create more equitable opportunities.
- Walmart continues to make progress in increasing the diversity of its leadership as the company saw solid year-over-year growth in representation at the officer level with a +1.03% increase for women and +0.61% growth for people of color.
- To date, 95% of Walmart’s officers have participated in two-day racial equity workshops.
Walmart Center For Racial Equity Donations
The Walmart.org Center for Racial Equity was founded through a $100 million commitment over five years to address the drivers of systemic racism in society and accelerate change. The center’s initiatives will fund research, advocacy, innovation of practices and tools, stakeholder convening, and non-profit capacity building with a focus on four systems: financial, healthcare, education, and criminal justice. The mission of the center is to complement and extend the societal impact of Walmart business initiatives to advance racial equity within these four systems.
The Walmart.org Center for Racial Equity Awarded Over $14 Million in First Round of Grants to the following:
- American Heart Association (AHA), Bernard J. Tyson Impact Fund – donated $5 million
- U.S. Vaccine Adoption Grants – donated $2.75 million
- Student Freedom Initiative – $1 million
- Harlem Children’s Zone – donated $500,000
- Martin Luther King Jr. Center for Nonviolent Social Change (The King Center) – donated $100,000
- Local Initiatives Support Corporation – donated $2 million
- Echoing Green – donated $1.5 million
- Association of Black Foundation Executives – donated $1 million
- PolicyLink – donated $500,000
Learn more about the Walmart.org Center for Racial Equity here.