Wal-Mart Stores' Mexican subsidiary, Walmex, is now part of the Mexican Stock Exchange's newly created Sustainable Index, the company reported.
Scot Rank, president and CEO of Walmart de México y Centroamérica stated: “We are very proud to be part of this new and important index. Walmart de México y Centroamérica is committed to act with integrity and in full compliance of the law. We promote respect for the individual, gender equity and quality of life for all our associates. We fight food poverty through the development of rural communities and contribute to earth’s sustainability by using renewable energy, saving water, recycling wastes and increasing the number of environment-friendly items for our customers. These are some of the core elements of our sustainable development and social responsibility commitment”.
Scot added, “I would like to congratulate the Mexican Stock Exchange for this great initiative, which promotes and acknowledges company’s social responsibility in Mexico”.
According to the Mexican Stock Exchange, as of Dec. 8, the day before beginning of trade, the weight of Walmart de México y Centroamérica in the index is 15.24%.