Question

Walmart has seen this benefit to its bottom line due to its sustainability efforts:

a) Increased costs
b) Decreased customer loyalty
c) Improved financial performance
d) Negative public perception

Answer 1

Walmart's sustainability efforts, including aiming for zero emissions and using renewable energy, are likely contributing to its improved financial performance, aligning with consumer preferences and enhancing its bottom line.

Step-by-step explanation:

Walmart's sustainability efforts have been geared towards economic advantage while also addressing environmental concerns. With initiatives to reach zero emissions by 2040 and a shift towards 100 percent renewable energy, Walmart's sustainability efforts have been noticed. These efforts, in conjunction with societal pressure for corporations to be accountable for their environmental impact, are part of a larger move towards responsible business practices that respond to the rising public demand for ethical consumption.

While Walmart has faced criticism for its impact on local economies and labor practices, its long-term improved financial performance can be partially attributed to the growing consumer preference for sustainability. Therefore, Walmart's sustainability commitments have the potential to enhance its bottom line, contrasting with possible options such as increased costs, decreased customer loyalty, or negative public perception. Ultimately, the company's adaptation and implementation of sustainable practices are likely contributing to economic gains, in alignment with the view that businesses providing better or less expensive products increase their profits and benefit the nation.