Wesfarmers — a diversified corporation
From its origins in 1914 as a Western Australian farmers’ cooperative, Wesfarmers has grown into one of Australia’s largest listed companies. With headquarters in Perth, Wesfarmers’ diverse businesses today span: home improvement, outdoor living products and supply of building materials; general merchandise and apparel; office and technology products; retailing and provision of health, beauty and wellness products and services; management of a retail subscription program and shared data asset; wholesale distribution of pharmaceutical goods; manufacturing and distribution of chemicals and fertilisers; gas processing; natural gas retailing; participation in an integrated lithium joint venture, including operation of a mine and concentrator, and development of a refinery; industrial and safety product distribution; and management of the Group’s investments. Wesfarmers is one of Australia’s largest private sector employers with more than 118,000 team members and is owned by more than 480,000 shareholders.
The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.
The company aims to achieve this by:
- anticipating the needs of our customers and delivering competitive goods and services;
- looking after our team members and providing a safe, fulfilling work environment;
- engaging fairly with our suppliers, and sourcing ethically and sustainably;
- supporting the communities in which we operate;
- taking care of the environment; and
- acting with integrity and honesty in all of our dealings.
GRI 2-1