WGU C206 TASK 3 EXPLORING WALMART'S ETHICS: CSR,
COMPLIANCE, AND REPORTING| LATEST COMPLETE
SOLUTIONS
C206 Task 3
A. Walmart
1. Corporate Social Responsibility (CSR)
Walmart’s Code of Ethics highlights its dedication to corporate social responsibility by
prioritizing ethical sourcing, environmental sustainability, community involvement, and the
equitable and respectful treatment of employees and customers (Walmart, n.d.). It underscores
the company’s obligation to ensure product safety, uphold human rights throughout its supply
chain, and conduct operations in an environmentally responsible way (Walmart, n.d.).
The code also emphasizes stakeholder responsibility to customers, associates, suppliers, and
communities by requiring fairness, safety, and transparency (Walmart, n.d.).
2. Compliance with Legal Mandates
Walmart’s Code of Ethics stresses the necessity of complying with all relevant laws and
regulations, encompassing areas such as anti-bribery, transparent financial reporting, labor
standards, and the protection of consumer rights. It also requires employees to report suspected
violations.
a. Ramifications of Noncompliance
• Civil and criminal penalties
• Regulatory fines and sanctions
, • Loss of business licenses
• Reputational damage
• Loss of investor and consumer trust
• Increased government oversight
b.
1. Anti-Corruption and Bribery Policy
Team members are forbidden from giving or receiving any form of kickbacks or illicit
payments, maintaining adherence to anti-bribery regulations such as the Foreign Corrupt
Practices Act (U.S. Congress, 2002).
2. Accurate Financial Reporting Policy
Walmart requires that all financial records be complete, truthful, and accurate, and it
strictly forbids any falsification of accounting information to ensure adherence to
securities regulations and auditing standards (U.S. Congress, 2002).
3. Walmart’s code promotes an ethical culture by:
Setting defined standards for acceptable behavior; requiring staff to always act with honesty and
strong moral principles; fostering a culture where employees feel comfortable speaking up and
reporting issues; providing continuous education on ethics and regulatory requirements; and
holding leadership accountable for demonstrating and reinforcing ethical conduct.
4. Resources for Raising Ethical Concerns
Employees at Walmart have multiple resources available:
COMPLIANCE, AND REPORTING| LATEST COMPLETE
SOLUTIONS
C206 Task 3
A. Walmart
1. Corporate Social Responsibility (CSR)
Walmart’s Code of Ethics highlights its dedication to corporate social responsibility by
prioritizing ethical sourcing, environmental sustainability, community involvement, and the
equitable and respectful treatment of employees and customers (Walmart, n.d.). It underscores
the company’s obligation to ensure product safety, uphold human rights throughout its supply
chain, and conduct operations in an environmentally responsible way (Walmart, n.d.).
The code also emphasizes stakeholder responsibility to customers, associates, suppliers, and
communities by requiring fairness, safety, and transparency (Walmart, n.d.).
2. Compliance with Legal Mandates
Walmart’s Code of Ethics stresses the necessity of complying with all relevant laws and
regulations, encompassing areas such as anti-bribery, transparent financial reporting, labor
standards, and the protection of consumer rights. It also requires employees to report suspected
violations.
a. Ramifications of Noncompliance
• Civil and criminal penalties
• Regulatory fines and sanctions
, • Loss of business licenses
• Reputational damage
• Loss of investor and consumer trust
• Increased government oversight
b.
1. Anti-Corruption and Bribery Policy
Team members are forbidden from giving or receiving any form of kickbacks or illicit
payments, maintaining adherence to anti-bribery regulations such as the Foreign Corrupt
Practices Act (U.S. Congress, 2002).
2. Accurate Financial Reporting Policy
Walmart requires that all financial records be complete, truthful, and accurate, and it
strictly forbids any falsification of accounting information to ensure adherence to
securities regulations and auditing standards (U.S. Congress, 2002).
3. Walmart’s code promotes an ethical culture by:
Setting defined standards for acceptable behavior; requiring staff to always act with honesty and
strong moral principles; fostering a culture where employees feel comfortable speaking up and
reporting issues; providing continuous education on ethics and regulatory requirements; and
holding leadership accountable for demonstrating and reinforcing ethical conduct.
4. Resources for Raising Ethical Concerns
Employees at Walmart have multiple resources available:
