Woolworths Group is among Australia's largest retail operators, with approximately 3,200 stores across Australia and New Zealand. The company is segmented into core businesses comprising Australian Food, New Zealand Food, Endeavour Group and Big W. The Australian Food business includes procurement and resale of food and related products through its Woolworths supermarket brand. These supermarkets source 96% of their fresh fruit and vegetables and 100% of their meat from Australian farmers and growers. The New Zealand Food business includes Countdown supermarkets that procure and sell food and drink products through its 181 stores across New Zealand. The Endeavour Group is involved in beverage production and hospitality services, while Big W operates department stores across Australia.
Woolworths Group ranks 7th among food retailers and 22nd in the food and beverage processor segment. The rankings reflect the company’s performance as a leader among food retailers, yet with room to improve among processors where, while in the top grouping, its higher ranking peers disclosed more on addressing sustainability issues. For example, in social inclusion, the company ranks at the bottom due to a lack of disclosure, including efforts to support farmers’ resilience or how it monitors its supply chain for relevant topics. Furthermore, while the company is in the top 10 among retailers in environment, the company could improve further by disclosing progress against its time bound targets on issues such as scope 3 GHG emissions or plastic waste, areas its higher ranking peers have already addressed. The company could also perform better against its peers by disclosing its process for engaging stakeholders and integrating the outcomes of this process into its sustainability strategy.
More about the company
- Bella Vista, Australia
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees