Managing Director's welcome
Welcome to the 2018 Sustainability Report for Wesfarmers
Long-term value creation is only possible if we play a positive role in the communities we serve. At Wesfarmers, sustainability is about understanding and managing the ways we impact our community and the environment, to make sure that we’ll still be creating value in the future. We believe sustainability is an opportunity to drive strong and long term shareholder returns.
And we maintain our commitment to the UN Global Compact’s 10 sustainability principles which underpin our sustainability strategy.
We are proud of our performance this year.
We improved our safety performance with a 15% decrease in our total recordable injury frequency rate. While we’re seeing the benefits of our relentless focus on making our workplaces safer, we acknowledge that while any team member is injured at work, our safety performance still requires improvement.
We’re the largest employer of Indigenous people in Australia...we now have more than 5,000 Indigenous team members. As Australia’s largest private sector employer, we believe we can provide Indigenous people with greater opportunities to participate in sustainable employment, and this remains the primary goal of our diversity policy.
This year, 4,000 factories across our supply chain have been audited to make sure they were operating ethically. Where we identify breaches we act swiftly to remediate because any supplier not complying with our ethical sourcing policy is unacceptable.
Directly and through our customers and team members, our community contributions were around $150 million. Wesfarmers has always believed that a strong business environment is underpinned by a cohesive and inclusive community environment.
Gender balance has been a focus for some time and this year there was a 5% increase in women in management roles and a 5.5% increase in women in senior management. But with more than 54% of our workforce female and only 35% of management roles held by women, we still have an opportunity to increase the number of women in leadership.
Our commitment to sustainability is ongoing and we're always looking for opportunities to improve.
We're striving to look for more opportunities to save on energy and reduce our carbon footprint. We are proactive about managing risks associated with climate change because responding will deliver significant economic, social and environmental benefits for all of us.
I'd like to thank all the team members that have contributed to our sustainability outcomes for the year and I hope you enjoy this report.
GRI 102-14, GRI 102-15, GRI 102-16