Wesfarmers Ltd 2019 AR2
The report highlights Wesfarmers' financial and sustainability performance for the fiscal year ended June 30, 2019, a period marked by significant portfolio repositioning, including the demerger of Coles. The company achieved a statutory net profit after tax of $5.51 billion and reduced its total recordable injury frequency rate to 13.5. In terms of environmental initiatives, Wesfarmers introduced a new Climate Change Policy with 2025 emissions targets for its divisions and expanded its climate-related financial disclosures in alignment with the TCFD recommendations. Additionally, the Group contributed approximately $72 million to community organizations and continued to strengthen its ethical sourcing and modern slavery frameworks.
Company: Wesfarmers Ltd
Sector: Consumer Discretionary
Country: Australia
Year: 2019
Type: AR2
Pages: 176
Wesfarmers Ltd
Annual Report
The report highlights Wesfarmers' financial and sustainability performance for the fiscal year ended June 30, 2019, a period marked by significant portfolio repositioning, including the demerger of Coles. The company achieved a statutory net profit after tax of $5.51 billion and reduced its total recordable injury frequency rate to 13.5. In terms of environmental initiatives, Wesfarmers introduced a new Climate Change Policy with 2025 emissions targets for its divisions and expanded its climate-related financial disclosures in alignment with the TCFD recommendations. Additionally, the Group contributed approximately $72 million to community organizations and continued to strengthen its ethical sourcing and modern slavery frameworks.
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Document Details
Report Year
2019
Reporting Period
Jul 1, 2018 - Jun 30, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees