Slide 1: Investor Briefing cover letter to ASX
1 December 2010 For personal use only The Manager Companies Australian Securities Exchange Limited Company Announcements Office Level 4 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam RE: WOOLWORTHS LIMITED – INVESTOR BRIEFING Woolworths Limited's CEO Michael Luscombe will brief investors on the com
Slide 2: Woolworths Limited Environment, Social and Governance Briefing
For personal use only woolworths limited environment, social and governance briefing
Slide 3: What does sustainability mean to Woolworths?
what does sustainability mean to woolworths? For personal use only Doing the right thing by our business – reducing risk, protecting our reputation, looking after our people, our customers, our shareholders and the resources that our business depends on. Our aim is to have a responsible and sustaina
Slide 4: About Woolworths
about woolworths For personal use only Retail brands in Australia and Ranked 26th globally, and 3rd in 3,199 188,065 New Zealand Asia Pacific, in the stores in Australia employees 2010 Deloitte and New Zealand Touche Tohmatsu Global Powers of Retailing report (based on annual sales revenue) 419,304
Slide 5: Woolworths Limited brands
woolworths limited brands For personal use only ALH Group 3
Slide 6: Commitment to transparency
commitment to transparency For personal use only – We report our ESG performance annually in accordance with Global Reporting Initiative (GRI) guidelines and our reports are independently verified – Our 2009 and 2010 reports have achieved GRI A+ rating for completeness of disclosure – Association of
Slide 7: What is material to our business?
what is material to our business? For personal use only – Competition in the retail sector and issues relating to cost of living – delivering value for money to our customers – Food security, sustainable food production, food waste – Sustainable consumption vs business growth – is it possible to hav
Slide 8: What is material to our business?
what is material to our business? For personal use only – Staff/talent retention – Over 188,000 employees, with turnover requiring the recruitment of 38,000 employees – Continued commitment to promoting from within – 46% of Executives have been with the company more than 10 years – Gender balance in
Slide 9: Integration and implementation
integration and implementation For personal use only Integration in mainstream business frameworks – Board Charter and responsibility – Risk Management framework – Strategic Planning framework Implementation Oversight and Performance Review – Senior management has overall responsibility to ensure im
Slide 10: 2010 performance: employee retention
2010 performance 113 graduates employee retention have been recruited since 2005, with a retention rate of 93% For personal use only – With the introduction of the Modern Award, Supermarkets are paying between 2–6% above the standard entry level minimum wage – Invested over $63 million in learning a
Slide 11: 2010 performance: gender balance
2010 performance gender balance For personal use only 54% of our workforce are women and we continue to focus on the progress of gender diversity, particularly in leadership roles Gender Ratio by Employment Level – Female 2010 % Senior Executives 27 Senior Managers 25 Managers 43 Office/Support Empl
Slide 12: 2010 performance: safety
2010 performance safety For personal use only – Achieved a 34% reduction in Lost Time Injury Frequency Rate (LTIFR), down to 10.34 (target for FY10 was 10) – LTIFR target for FY11 is 8 Woolworths Limited LTIFR Results 2008–2010 18.86 15.71 10.34 3.77 3.14 10 2.07 LTIFR (million hours worked) 08 08 0
Slide 13: Sustainability strategy 2007–2015
sustainability strategy 2007–2015 For personal use only Targets and commitments 40% 25% Up to reduction in carbon emissions reduction in carbon emissions 30% on projected growth levels by per carton delivered by reduction in carbon emissions 2015, bringing emissions back Woolworths-owned trucks from
Slide 14: 2010 performance: energy use and carbon emissions
2010 performance energy use and carbon emissions For personal use only – Total carbon emissions of 4.09 Mt, up from 4.05 Mt from last year – Carbon emissions from electricity use and refrigerant loss from facilities is 500,000 tonnes (13%) lower than projected business-as-usual emissions – 51 green
Slide 15: 2010 performance: energy use and carbon emissions
2010 performance energy use and carbon emissions For personal use only Resource Intensity Per $M Sales Per $M EBIT 2009 2010 2009 2010 Energy Intensity (GJ/$M) 213.0 208.4 3,751.7 3,496.0 Carbon Intensity (T CO2-e/$M) 55.7 56.1 981.0 940.7 Water Intensity (kL/$M) 38.2 34.9 673.0 585.9 Waste Intensit
Slide 16: 2010 performance: energy use and carbon emissions
2010 performance energy use and carbon emissions For personal use only Energy use per square metre of trading area Carbon emissions per square metre of trading area 17% Reduction FY02 to FY10 20% Reduction FY02 to FY10 1.43 4283 1.40 4188 1.38 4108 1.33 3930 1.30 3786 1.24 1.21 1.20 3590 1.19 3484 3
Slide 17: 2010 performance: water
2010 performance water For personal use only – Water Wise Project, flow restrictors and water efficient fittings, has delivered an estimated saving of 302 million litres of water in 2010 – Surpassed our 200 million litre target – Two large scale rainwater harvesting projects, operating at Distributi
Slide 18: 2010 performance: waste and recycling
2010 performance waste and recycling For personal use only – Total volume of material recycled or diverted from landfill increased by 2.8% to 207,527.9 tonnes – Almost 60% of our waste material is diverted from landfill through recycling and beneficial reuse – Recycled an estimated 28.7 million clot
Slide 19: Ethical and sustainable sourcing
ethical and sustainable sourcing For personal use only Responding to consumer concerns regarding: – child labour and working conditions in developing countries – animal welfare – depleting natural resources – deforestation and impact on animal habitat 17
Slide 20: Ethical and sustainable sourcing: labour conditions
ethical and sustainable sourcing For personal use only Labour conditions and social compliance – Our policy is based on ILO conventions – All suppliers are expected to comply with the policy – We have a third party auditing program for suppliers of our own brands – The most common area of non-confor
Slide 21: Ethical and sustainable sourcing: free range sales growth
ethical and sustainable sourcing For personal use only Sales Growth for Free Range Products Percentage Percentage Percentage increase increase of total in sales in sales category in 2009* in 2010* sales in 2010 Product % % % Free range chicken (Macro meat) 33.6 30.1 16.4 Free range chicken (Macro de
Slide 22: Ethical and sustainable sourcing: eggs and pork
ethical and In 2010, we sold free range pork sustainable sourcing in 272 stores in Australia For personal use only – Select eggs are free range or barn laid – Discontinued caged eggs in Select at the end of 2009 – Clear signage and shelf layout in stores to differentiate free range, barn laid and ca
Slide 23: Ethical and sustainable sourcing: palm oil, timber, paper
ethical and sustainable sourcing For personal use only Palm Oil – Not using palm oil where there are healthier alternatives – 95% of our Select brand products do not contain palm oil – Membership to Roundtable on Sustainable Palm Oil (RSPO) – Clear labelling of palm oil – Moving to certified sustain
Slide 24: Ethical and sustainable sourcing: fish sourcing
ethical and By-catch, catching methods sustainable sourcing and other risk issues are being considered in the review process For personal use only Fish sourcing – Review of our range is underway – Delisting of three overfished species from our fresh range – tuna – swordfish – orange roughy – More Ma
Slide 25: Key challenges
key challenges For personal use only What are the main future challenges? 23
Slide 26: Questions
For personal use only questions ?