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Wesfarmers (Kmart and Target Australia)

Wesfarmers (Kmart and Target Australia) is an Australian conglomerate founded in 1914 and headquarted in Perth. Wesfarmers became publicly listed in 1984, operating in retail, chemical, fertiliser, industrial and safety products. It is one of Australia's largest companies, with approximately 107,000 employees and USD 36.8 billion in revenue in 2022. Wesfarmers' key apparel division is Kmart and Target Australia.

Summary

Wesfarmers (Kmart and Target Australia) ranks 5th overall and 2nd in the Apparel sector. It has improved its sector ranking by 11 places since 2019. The company ranks 1st overall for governance and policy commitments. It has an opportunity to improve on remedies and grievance mechanisms.

The company has embedded its human rights commitments by integrating human rights into its risk management framework, training workers, managers and suppliers on human rights, and monitoring the implementation of its policies across its global operations. It is one of just two apparel companies who create incentives for human rights performance by linking board and senior manager performance criteria with human rights targets.

The company has an opportunity to disclose the process and outcomes of its grievance mechanism, including how users are involved in the design and improvement, the timeframe and process for addressing complaints, and how remedy is determined and monitored.

Ranking position: #5 /110
Total score: 49.1 /100

Measurement theme	Score	Rank (0-110)
Governance and policy commitments	#1 6.6 /10	#1
Embedding respect and human rights due diligence	#1 16.6 /25	#5
Remedies and grievance mechanisms	#1 6.0 /20	#30
Performance: Practices	#1 10.1 /25	#14
Performance: Responses	#1 9.8 /20	#3

Sector
Apparel	#2

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2020

This company is part of the SDG2000, the 2,000 most influential companies

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