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Article

15 Apr 1999

Author:
Interfaith Center on Corporate Responsibility (with more than 320 signatories)

[DOC] 1999 ICCR Letter to Wal-Mart

We, the undersigned, are shareholders of Wal-Mart, concerned citizens and consumers...The unparalleled growth of Wal-Mart as an aggressive and competitive global retailer raises serious concerns that the company’s strategic vision to achieve success in the marketplace comes without an ethical standard of measurement on which to base decisions about the company’s support of human rights, a living wage for employees world-wide, a diverse work force with attainable upward mobility in management, respect for Indigenous rights, environmental improvement and transparency, and a commitment to sustainable communities in its service areas. The globalization of the economy has heightened already fierce competition, both here in the U.S. and especially in developing countries, to produce for less and sell for less, at the expense of meeting the basic needs of peoples and communities...