WESFARMERS SUSTAINABILITY REPORT 2018

Other businesses

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A BWP Trust development in Harrisdale, Western Australia

Wesfarmers also holds major investments in the following companies which are not covered in this report. We calculate the emissions for our joint ventures. The total emissions for the Wesfarmers attributed share of these businesses was 410,695 tonnes CO2e.  

BWP Trust

At the end of the 2018 financial year, Wesfarmers owned 24.8 per cent of BWP Trust, which develops and owns properties for our Bunnings business and other retail/commercial companies.

For further information, please click here.

Gresham Partners Group Limited

Wesfarmers has a 50 per cent shareholder interest in Gresham Partners Group Limited, the holding company for the Gresham Partners investment house operations.

For further information, please click here. 

Queensland Nitrates Pty Ltd (QNP) 

Through WesCEF, Wesfarmers owns a 50 per cent interest in QNP, located at Moura in central Queensland. QNP is an ammonium nitrate producer and services the mining sector in the Bowen Basin.

For further information, please click here.

Wespine Industries

Wesfarmers owns 50 per cent of Wespine, which operates a plantation softwood sawmill at Dardanup in Western Australia.

For further information, please click here.

Quadrant Energy

Wesfarmers owns a 14 per cent interest in Quadrant Energy. All of Quadrant Energy’s gas production is supplied to the Western Australian domestic gas market, and currently represents approximately 40 per cent of Western Australia’s domestic gas supply.

On 22 August 2018 Wesfarmers announced it had agreed to sell its 13.2 per cent indirect interest in Quadrant Energy Holdings Pty Ltd (Quadrant) to Santos Limited.

For more information, click here.

Bengalla

During the reporting year Wesfarmers owned a 40 per cent interest in the Bengalla coal operation in the Hunter Valley in New South Wales through a joint venture with New Hope Corporation Limited. The Bengalla operation produces steaming coal for export markets. 

On 7 August 2018 Wesfarmers announced the agreement to sell its 40 per cent interest in its Bengalla Joint Venture.

For further information, click here.

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