Walmart's commitment to its purpose remains unchanged, stating, 'Our purpose, to help people save money and live better, has been at our core since our founding 62 years ago.' They emphasize that while they acknowledge imperfections, their decisions are guided by a desire to promote belonging and opportunity for all.
As part of its policy changes, Walmart will no longer participate in the HRC Corporate Equality Index, indicating a significant shift in its stance on diversity, equity, and inclusion as they undertake a review to prevent exposure of children to 'inappropriate sexualized content targeting kids.'
The retailer plans a comprehensive review of its products, internal policies, and its funding of Pride events, all while ending DEI programs and monitoring suppliers for practices perceived as unfairly benefiting specific groups based on diversity.
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