Jump to content

INTRODUCTION

Auditor's opinion:

B+
GRI Report

As part of an external GRI Application Level Check, Net Balance confirms that the GRI "B+ application level" has been met by this report. See full statement on www.woolworthslimited.com.au.

At Woolworths we are conscious of our responsibilities as a major retailer – serving millions of customers each and every day in communities across Australia and New Zealand.

With that profile comes not only a responsibility to understand and manage our impacts, but also an opportunity to achieve lasting and beneficial change that extends beyond our own operations.

Our operations impact on our own people, our customers, the communities in which we operate, our shareholders, our supply chain and the environment. This report aims to give the reader an insight into how we are performing in all of theses areas against our commitments and targets. Simply put, we aim to make sure Woolworths remains a company that people want to invest in, work for, and do business with well into the future.

Scope of this report

This report covers all of our operations in Australia and New Zealand for the 2007-08 financial year (unless otherwise stated).

All our environmental targets are based on projected growth through development of new stores within current business divisions, however these projections do not account for the impacts of any future acquisitions. Should we acquire new businesses the baseline data will need to be adjusted accordingly.

The environmental performance data in this report does not cover our joint venture in India or our Hong Kong and Shanghai buying offices as these are only small offices and therefore not material in the overall context.