Wesfarmers Limited
Sustainability in Action
A presentation to the Asia Pacific Sustainability Summit
Perth, Western Australia
Thursday 23rd August 2012
Cameron Schuster, Sustainability Manager, Wesfarmers
Limited
Disclaimer
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The information contained in this presentation is not investment or financial product advice and is not
intended to be used as the basis for making an investment decision. This presentation has been prepared
without taking into account the investment objectives, financial situation or particular needs of any particular
person.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or
correctness of the information, opinions and conclusions contained in this presentation. To the maximum
extent permitted by law, none of Wesfarmers Limited, its directors, officers, employees or agents, nor any
other person accepts any liability, including, without limitation, any liability arising out of fault or negligence, for
any loss arising from the use of the information contained in this presentation.
Before making an investment decision, you should conduct your own due diligence and consult with your own
legal, tax or accounting adviser as to the accuracy and application of the information set out in this
presentation. You should also obtain and rely on professional advice from your own tax, legal, accounting and
other professional advisers in respect of your particular investment needs, objectives and financial
circumstances.
This presentation is not an offer of securities for sale in the United States or any other jurisdiction in which an
offer may not be made under applicable laws. Securities may not be offered or sold in the United States
unless the securities have been registered under the U.S. Securities Act of 1933 or an exemption from
registration is available.
Wesfarmers - Sustainability in Action
Presentation Outline
• Scope of operations
• Our approach to sustainability
• Some highlights of our progress:
– Economic
– Environment
– People
– Carbon/Energy
– Community & Society
• Future opportunities & challenges
• Summary
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Wesfarmers - Sustainability in Action
Scope of operations
• ASX listed company with operations
in Australia, NZ, UK & logistics in
South/East Asia
• Approximately 202,000 employees
• Over 490,000 shareholders
• FY12 revenue $58.1 AUD billion;
EBIT $3.55 AUD billion and NPAT
$2.12 AUD billion
• Over 3,400 retail stores
• Retail, Resources, Chemicals
Energy & Fertilisers, Insurance,
Industrial & Safety supplies
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Portfolio of leading brands
Retail Businesses
Insurance
Industrial Businesses
Wesfarmers - Sustainability in Action
Our approach to Sustainability
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8 Operationally autonomous divisions
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Within the WES governance and ethical framework
we structure our approach to sustainability around:
– Economic
– Environment
– People
– Carbon/ Energy
– Community and Society
– Responsible Sourcing
•
Reporting and transparency
– 15th year of Sustainability reporting & external
assurance (some Divisional Reports also)
– Carbon and Water Disclosure Projects
– Dow Jones Sustainability Index , Forest
Footprint Disclosure Project, London
Benchmarking Group and other similar
reporting/index processes
– Reconciliation Action Plan
– Various legislative reporting
– Investor/analyst presentations & other surveys
– Role of Wesfarmers Board & Audit Committee
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Wesfarmers - Sustainability in Action
Some highlights of our progress in FY 11 and 12
Economic
– Approximately 202,000 staff in Australia/ New Zealand
– Focus on shareholder value over the long term
– FY12 Payments to governments $1.50B AUD (ex GST)
– FY 12 Net Capital Expenditure $2.35B AUD
– FY 12 wages and salaries >$7B AUD
– FY 11 Value added by WES >$12B AUD
Environment
– Governance & regulation
– Total water use 12.6Gl with significant conservation
efforts in Resources & WesCEF
– >240,000 tonnes consumer/retail waste recycled
– $90M environmental expenditure inc energy efficiency
– Palm oil, seafood products stewardship, timber
procurement
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Wesfarmers - Sustainability in Action
Some highlights of our progress in FY 11 /FY 12
People
– LTIFR FY09 13.06; FY10 10.95; FY 11 12.8 FY 12 10.9; FY
10TRIFR 49.3 (R12); FY 11 TRIFR 40.9 FY 12 43.15(R12);
– >57% of staff are female, occupying 26% of
management/supervisory positions;
– Training & development 2.2M hours recorded training
Carbon and Energy
– FY11 Greenhouse emissions 6.35Mt (Scope 1,2 and 3) - (NGER Act
Scope 1 & 2 in Australia 5.04 Mt); FY 12 reduces
– FY11 Energy use 33.8 PJ; FY12 reduces with asset sales and energy
efficiency;
– Challenge is carbon caps & RET this decade
– Major emission sources are electricity, N2O, CSM and CO2
– Focus on emission reduction and energy efficiency
– Energy efficiency is a major focus; Coles & refrigeration; Bunnings
lighting & micro generation; WES Chemicals AN plant design;
distribution centres; logistics & supply chains
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FY11
Wesfarmers - Sustainability in Action
Some highlights of our progress in FY 11/ FY 12
Community and society
– Community partnerships developed across
business
– FY11 $77.6M including $33.8M direct contribution
– FY 12 $70M approximately in total
– Australia & New Zealand community crises 10/11
–
Wesfarmers Arts, WA & national
– Bunnings community focus
– Many facilitated community programs
Responsible Sourcing
– food quality programs eg hormone free beef; palm
oil; cage free eggs;
– ethical sourcing programs - our focus & audit
programs;
– timber procurement;
– supplier relationships
– Phosphate rock –Western Sahara
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Wesfarmers - Sustainability in Action
Achievements, opportunities & challenges
FY12 & beyond
• carbon caps, business growth & energy efficiency
• ethical sourcing & supply chains
• water in supply chains
• continuous safety improvements
• more effective community partnerships
• transparent reporting & the growth in requests
and approaches
• greenhouse emission reduction
• community attitudes to sustainable practice
• gaming and liquor
• Australian “Sustainable Company of the Year” 2011
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Wesfarmers - Sustainability in Action
Summary
• structured approach based on
principles with responsibility in the
businesses
• capacity for small improvements to be
leveraged across the Group
• understanding & reporting openly on
our footprints including supply chains
• opportunities in the future are
significant, but the challenges become
more complex
• will continue to engage effectively with
society
Thankyou.
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www.smarter-business.org
Close : August 30th
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Wesfarmers- Sustainability in Action