Overview

About Wesfarmers

With origins in 1914 as a Western Australian farmers’ cooperative, Wesfarmers Limited (Wesfarmers) has grown into one of Australia’s largest listed companies. Our diverse business operations include supermarkets; department stores; home improvement and office supplies; coal production and export; insurance; chemicals, energy and fertilisers; and industrial and safety products. We have more than 200,000 employees and approximately 500,000 direct shareholders and we are headquartered in Perth, Western Australia.

About this report

This report is written annually for all our stakeholders: our shareholders, customers, employees, suppliers and the broader public in the communities in which we operate. Information in this report is for the financial year ended 30 June 2013. All businesses that are wholly-owned or operationally-managed by Wesfarmers are included. There have been no significant changes to the size, structure or ownership of Wesfarmers during the reporting period.

The report provides information about the six areas of our sustainability approach, which are to:

It also provides an overview of each of our divisions and a Databank which sets out trend data over a five year period.

Further information about the topics covered in this report can be found on our website, those of our businesses, and various other electronic sources identified in this report.

Assurance and auditing

This report has been approved by the Wesfarmers Board. To independently validate the contents of this report, it is externally audited and assured every year.

The data and statements in this report have been externally audited or assured as follows:

  • the principal assurance of the report to the AA 1000 Assurance Standard 2008 was conducted by Net Balance Management Group Pty Ltd (Net Balance). Selected Databank metrics were assured to a limited level using the ASAE 3000 Assurance Engagements Other Than Audits or Reviews of Historical Financial Information standard. A condensed version of the independent assurance statement is available;
  • the Australian Scope 1 and 2 greenhouse emissions and energy use were audited by Ernst & Young to the requirements of the National Greenhouse and Energy Reporting (Measurement) Determination 2008 and we provided a copy of the audit report to the Australian Clean Energy Regulator. The other greenhouse and energy data were assured by Net Balance as described in the independent assurance statement; and
  • the community contributions data were verified by either the London Benchmarking Group (LBG) or Net Balance as specified in the independent assurance statement.

Net Balance relied upon the Ernst & Young and LBG processes for assurance of those parts of this report.

The report has also been assessed against the provisions of the Global Reporting Initiative (GRI) by that organisation and assessed to be at the B+ level. The GRI statement is available here.

Prior to these external assurance processes, our Group Insurance department conducted a high level analysis of the Databank and supporting evidence to identify specific areas for further investigation by Net Balance.

Completeness

In compiling this report we have used the best information available at the time and made an assessment of the main sustainability issues that affect the Group as a whole. Most of our businesses include relevant additional information on their websites. 

Where data is not available, we have estimated using available data. For example, some divisions estimate a proportion of their water use.

The data included in this report covers all our eight divisions and all their operations, unless otherwise specified. It does not include joint ventures where Wesfarmers does not have operational control, unless otherwise specified.

Feedback

We welcome your feedback on this report.

To provide feedback, please email sustainability@wesfarmers .com.au or complete the feedback form on this site. We will respond to your feedback personally, as well as taking it into account in compiling future reports.

Group structure

 

Managing Director’s welcome