KLD & Co. Delists Wal-Mart
KLD & Co., an index of socially responsible companies, has delisted Wal-Mart for failing to address labor problems at the company's suppliers. The giant retailer was removed from the index for refusing to allow independent monitors into its overseas factories, using sweatshop labor, and buying products from Burma. Wal-Mart spokespeople claim the company is very responsible and said they were disappointed by the decision.
See "KLD & Co. Delists Wal-Mart", Carter Dougherty, The Washington Times, May 17, 2001