Institution Theme Category Industry
  • BlackRock
  • Governance
  • Strategy & Risk
  • Retail
Company Year Market Link
Walmart, Inc. 2020 N/A https://www.blackrock.com/corporate/literature/press-release/blk-vote-bulletin-walmart-jul-2020.pdf

During BlackRock’s most recent engagement in the second quarter of this year, we discussed the company’s oversight of the issues addressed in the shareholder proposals that had been submitted on its ballot, including the policies and procedures it has in place to address plastic waste management, antibiotic stewardship, and workplace sexual harassment. We also discussed Walmart’s associate engagement efforts and the various channels established to maintain open dialogue between associates and senior management.

Details

  • Proponent
  • Shareholder
  • Resolution
  • Report on supplier antibiotics use standards
  • Vote
  • AGAINST
  • Rationale
  • N/A
  • Details
  • Through Walmart’s Antibiotics in Farm Animals Position, the company advocates for the judicious use of medically important antibiotics and the elimination of antibiotic use for growth promotion. As stated in its 2019 ESG Report, the company is committed to more sustainable sourcing of at least 20 key commodities by 2025. This commitment includes a focus on antibiotic stewardship for beef, dairy, eggs, poultry, and pork.
    Walmart recently committed to the Framework for Antibiotic Stewardship in Food Animal Production, and reported in its 2019 ESG Report additional context about how it continues to work with the Sustainability Consortium to collect data from their suppliers and identify areas for improvement. BIS believes that Walmart demonstrates adequate management of the risks associated with antibiotics use and standards in its supply chain at this time.