Wal-Mart Releases Ethics Report
By:
Updated: April 17, 2007
The finding is included in the "2005 Report on Ethical Sourcing."
It comes as the company steps up inspections of labor and environmental standards.
The report shows in 2005, 141 factories were permanently banned from doing business with Wal-Mart, primarily because of underage labor violations. In addition, Wal-Mart disapproved another 23 factories as a result of multiple instances of non-compliance with the Standards for Suppliers.
Last year the company performed more than 13,600 audits of 7,200 factories.
(Copyright 2006 Newsroom Solutions, LLC)
