WESFARMERS SUSTAINABILITY REPORT 2018
robust governance

Governance

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Robust governance

We maintain robust corporate governance policies in all our businesses.

Robust governance

Chairman Michael Chaney AO addresses shareholders at the 2017 Annual General Meeting

The Board of Wesfarmers Limited is committed to providing a satisfactory return to its shareholders and fulfilling its corporate governance obligations and responsibilities in the best interests of the company and its stakeholders. This statement details the key aspects of the governance framework and practices of Wesfarmers. Wesfarmers regularly reviews its governance framework and practices so as to ensure it consistently reflects market practice and stakeholder expectations.

Set out below is an overview of selected aspects of Wesfarmers’ corporate governance framework and key focus areas of the Board and its committees in 2018.

A copy of Wesfarmers’ full 2018 Corporate Governance Statement, which provides detailed information about governance, and a copy of Wesfarmers’ Appendix 4G, which sets out the company’s compliance with the recommendations in the third edition of the ASX Corporate Governance Council’s Principles and Recommendations (ASX Principles), is available on the corporate governance section of the company’s website

The Board believes that the governance policies and practices adopted by Wesfarmers during 2018 are in accordance with the recommendations contained in the ASX Principles.

GRI 102-16, GRI 102-18, GRI 102-22, GRI 102-23, GRI 102-24, GRI 102-25, GRI 102-32, GRI 102-56, GRI 405-1, GRI 415-1