ESG guidelines reward retailers for not just selling LGBT merchandise but buying from such suppliers
Posted BY: Bill | NwoReport
Similar to Target, Walmart’s environmental, social, and governance (ESG) report reveals that the company makes special provisions for LGBT groups, including specifically sourcing supplies from people professing such identities.
Target has been the focus of boycott calls due to offering Pride products this year aimed at children. Target’s 2022 ESG report (pdf) shows that at least 51 percent of its suppliers are “owned, controlled and operated by women, BIPOC, LGBTQIA+, veterans or people with disabilities.” In addition, 59 percent of their Pride Month assortment was created by LGBT creators and brands.
Walmart has also been shown to conduct an “inclusive sourcing” program for LGBT groups. Walmart’s supplier inclusion initiative offers companies, owned and operated by members of LGBT and other identities like ethnic and racial minorities, “the opportunity to work with us while growing their business,” according to Walmart’s July 2022 ESG report. “For our U.S. businesses, we sourced more than $13.3 billion in goods and services from approximately 2,600 diverse suppliers.”