As responsible corporate citizen, Wal-Mart India Private Limited and WM India Technical and
Consulting Services Private Limited (individually referred to as the “Company”) strive to improve
the quality of life for the community, its associates and its members through financial contributions,
in-kind donations and volunteerism. In India, our Corporate Social Responsibility (“CSR”) objective
is to empower communities thereby fostering inclusive growth by supporting initiatives focused on
The Company has adopted an integrated approach towards CSR that include the following:
- Ensuring all charitable partners and programs are pre-approved by the Company’s AntiCorruption
Team and Corporate Affairs Team and are compliant with all applicable laws
including but not limited to the Foreign Contribution Regulation Act, 2010 and the U.S.
Foreign Corrupt Practices Act, 1977;
- Ensuring all charitable activities are pre-approved by Anti-Corruption Team and Corporate
- Creating a better quality of life for the beneficiaries of the Company’s CSR initiatives and
ensuring long-term, sustainable support for chosen beneficiaries;
- Encouraging the involvement of associates of the Company in CSR activities, wherever
The CSR Policy has been drafted in line with Section 135 of the Companies Act 2013 (“Act”) which
was notified by the Ministry of Corporate Affairs, Government of India in 2014. The CSR Policy
shall apply to all projects/ programs undertaken by the Company as allowed by Schedule VII of the
Act. This CSR Policy has been adopted by the Board of the Company on August 17, 2015.
All CSR related projects are required to be approval in accordance with the current Financial
Delegation of Authority Policy of the Company (“DoA”)
Objective of the CSR Policy
The objective of the CSR Policy is to enable the associates of the Company and all other parties to
understand the priorities of the Company towards its CSR initiatives.
The CSR efforts of the Company currently focus on the following areas*:
- Skills Training & Education;
- Sustainable Agriculture: Direct Farm (Productivity and Income enhancement of farmers);
- Women’s Economic Empowerment;
- Any other local requirement subject to CSR committee’s approval; and
- Any other program relevant to the Best Price Modern Wholesale stores of the Company.
*Indicative list only
The Company will consider charitable organizations that meet the following eligibility criteria (as
amended and adopted by the Company from time to time) for its CSR activities:
- Charitable contributions must benefit vulnerable/disadvantaged communities in the
Company’s operational areas (present or prospective); and
- Potential grantees should be charitable organizations with existing programs that benefit
- Grantees/donees can also be government schools with children from less privileged
CSR Donations during Emergency Situations arising out of Natural calamities
Only pre-approved charitable organizations approved by the Company’s Anti-Corruption Team are
eligible to receive donations during emergency situations arising out of natural calamities.
A specific budget is allocated by the Company for CSR activities each year as per the DoA.
The details of CSR activities of the Company are available on its website.
Social Media Guidelines
The details of our social media guidelines are available here.
VIGIL MECHANISM OF WAL-MART INDIA PRIVATE LIMITED
As per Section 177 (9) of the Companies Act, 2013 read with Companies (Meetings of Board and its Powers) Rules, 2014, the Board of Directors has adopted the ‘Global Statement of Ethics’ of the Company to serve as the vigil mechanism for directors and associates of the Company to report genuine concerns. The ‘Global Statement of Ethics’ can be accessed through the following link:
Document available here.
The associates and directors of the Company shall report any concerns etc. in the Global Ethics Helpline Numbers as mentioned in the ‘Global Statement of Ethics’.
For exceptional cases only, the associates and the directors may directly report any concern to Mr. Krishnamurthy Narayanan Iyer, Director by writing to him at Krish.Iyer@walmart.com.
Notice of 10th Annual General Meeting
Document can be found here.