Mexico
In 1991, we entered into a joint venture with Cifra to open a Sam’s Club in Mexico City, making Mexico the first country in Walmart’s International division. In 1997, we acquired a majority of Cifra, and in February 2000, the Cifra name officially changed to Walmart de México (WALMEX). In November 2006, we received a license from Mexico’s Finance Ministry to organize and operate a bank in the country. In November 2007, Walmart Bank began operations with 16 branches in five Mexican states.
The current President and CEO of Walmart de México is Eduardo Solorzano. Our headquarters are located in Mexico City. For more information, please visit http://www.walmartmexico.com.mx Community
We believe in operating globally and giving back locally, and we know we can make the greatest impact on our communities by supporting causes that are important to our customers and our neighborhoods. In 2008, we donated more than US$26 million through corporate contributions, as well as associate and customer donations. We have the largest group of volunteers in the country, with 52,563 volunteers, one out of every four associates participates in activities in cities where we operate. Associates dedicated 381,246 hours to the community at 1,778 events across the country. We are of Mexico’s largest food donors. Every month our stores deliver more than 900 tons of in-kind donations to different institutions and food banks, representing an annual value of US$21 million. These donations benefit 1 million people throughout the country, including nearly 636,000 children. Sustainability In May 2008, we opened the Ciudad Jardín Ecological Mall in Netzahualcoyotl, Mexico. The mall contains a Walmart Supercenter, Sam’s Club and Vips and El Porton restaurants and is located on the former Neza 1 dump site. Over 208,000 cubic meters of garbage were extracted to provide the foundation for the Supercenter and Sam’s Club. Garbage was moved to the Tultitlan sanitary fill to create energy through a bio-gas burning process. Some three tons of ashes and lime were injected to stop decomposition and generation of methane gas to create a more stable surface for the stores. Additionally, Ciudad Jardín Ecological Mall uses leading sustainable technology to save energy, reduce water consumption and recycle waste, including treatment plants to water plant life and yards, mulch in flower beds, rain water reutilization and waterless ecologic urinals. Also, stores are fitted with fiber optic and LED systems to save energy and reuse refrigeration heat, shrink wrap and cardboard. In January 2009, we completed installation of a photovoltaic complex (solar panels) that will generate 20 percent of the energy used by the Bodega Aurrera store located in Aguascalientes. More than 1,056 solar panels were set up on the roof of the store. According to the Mexican Solar Energy Association, the project is the largest photovoltaic complex in Latin America. The panels will eliminate 140 tons in CO2 emissions. OpportunityWe financed the establishment of 1,634 vegetable gardens, orchards and family farms that supply food and income to more than 3,230 people in Oaxaca, Puebla, Guerrero, Veracruz and the state of Mexico. We support indigenous communities with financing to drive production, transportation and distribution of their products and crafts, which we sell in our stores and return 100 percent of the income, including earnings. In 2008, we continued working with the Mazahua and Tarahumara communities, along with amaranth producers from the Oaxaca Sierrra. We purchased more than US$151,000 in products from 62 communities that we sold in 64 Superamas and 28 Walmarts, benefitting 5,655 indigenous people.
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