Ethical sourcing and human rights
We strive to source products in a responsible manner while working with suppliers to improve their social and environmental practices.
Ethical sourcing and human rights has been identified as Wesfarmers most material sustainability issue.
Our businesses directly source products from more than 18,000 suppliers in Australia, China, Bangladesh, New Zealand, India, Thailand, Vietnam and other countries. While our operations and supply chains are complex, our aim is to ensure that human rights are understood, respected and upheld. We expect our partners and stakeholders to adhere to ethical business conduct consistent with our own, and are committed to working with them to fulfil this common goal.
We have a Group-wide Ethical Sourcing Policy, which sets the minimum standards expected of our divisions who sell goods for resale. Bunnings, Coles, Kmart, Target, Officeworks and Wesfarmers Industrial and Safety have their own ethical sourcing policies appropriate to their businesses.
WesCEF has commenced a review of its supply arrangements to facilitate development of an ethical sourcing policy.
During the year Wesfarmers continued to voice its support for establishing a Modern Slavery Act in Australia. We believe the Act will improve transparency in corporate and public sector activities, and ultimately help to eliminate modern slavery across Australian entities' operations and their supply chains. Our third Modern Slavery Statement is available here.
GRI 102-9, GRI 102-10, 102-15, GRI 102-16, GRI 407-1, GRI 103-1, GRI 103-2, GRI 103-3, GRI 408-1, GRI 409-1, GRI 412-1, GRI 412-2, GRI 414-2