Doing the right thing | Sustainability Strategy 2007–2015
Doing the right thing. Contents 2 3 4 7 8 9 0 1 2 1 8 1 0 2 2 2 4 2 6 2 8 2 Foreword What sustainability means to Woolworths Limited Our major commitments and targets Who is Woolworths Limited? Our external engagement Engaging our people Our sustainability priorities Climate change Water Sourcing Packaging Waste Green Stores Implementation and reporting
All of us, every day.
Foreword
Welcome to the Woolworths Limited Sustainability Strategy 007–015. Woolworths has been around for over 80 years. We’re proud of our history and reputation as a successful business. And we know that the world is changing. We recognise that
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In recent years, environmental sustainability has risen to become an everyday concern. The impact of the current drought and extreme weather events such as Cyclone Larry on Australian fresh produce supplies has brought into focus the effects that climate change will have on our business. Paying attention to sustainability is about future-proofing our business.
It’s about leadership.
We recognise that Woolworths can take a more prominent role in the debates around sustainability. It is fair to say that Australian and New Zealand retailers have lagged behind companies in the United Kingdom and Europe. So we are committed not just to contributing to the debate but to taking specific, measurable actions to improve our performance. By virtue of our size, scale, and the complexity of our business, Woolworths is a significant player in the Australian and New Zealand economies. With that profile comes not only a responsibility to understand and manage our impacts, but also a tremendous opportunity to achieve lasting and beneficial change that extends beyond our own operations. We aim to move to a leadership position on sustainability.
It’s about listening.
As our knowledge of the way in which human societies impact on the natural world develops, society’s expectations of corporate conduct have evolved. Quite rightly, our stakeholders expect us to consider the broader, long-term implications of our operations as a part of our decision-making processes.
It
“The fact of the matter is that today, stuff-selling mega-corporations have a huge influence on our daily lives. And because of the competitive nature of our global economy, these corporations are generally only concerned with one thing…the bottom line. That is, maximizing profit, regardless of the social or environmental costs.” —David Suzuki
This text allowed me to write a summary of the novel in a way that I felt would do it justice. By using imagery I was able to create a unifying voice. This text shows how making the wrong move due to ones selfishness could eventually ruin their life and attempting to fix it would be very hard and they would have to sacrifice a lot. Hosseini has developed the essential question of choice influencing direction of life through the use of Amir. Amir sacrifices his friend for his own selfish desire to not get beat up but in the end he redeems himself by going out of his way and saving Sohrab. Hossieni has showed us how Amir not helping Hassan in the alley and Amir helping Sohrab, as an act of redemption, has changed his life.
The environment is among some of the top issues to be looked upon by the human population in the world today. Sustainability is a word often times used when speaking of this subject. This is a concept represented in the articles “Sustainability” by Christian R. Weisser and “Attention Whole Foods Shoppers” by Robert Paarlberg. Each author addresses the issue in different ways; one giving examples of this issue and the other clearly defining it. Each author is writing to spread awareness of this issue. As overlapping topics, each article has similarities and differences to the other.
The purpose of this paper is to compare the sustainability practices of two companies in the same industry. The two companies chosen for comparison are The Hershey Company and Coca-Cola Enterprises, both of which are in the consumer staples industry. These two corporations are ranked sixth and eighth, respectively, on the Newsweek Top Green Companies in the U.S 2015. They have taken pride in creating sustainable product designs, having environmentally sustainable processes and supply chain management.
I decided to do my research at Lowe’s Home and Improvement. Lowe’s Home and Improvement is a hardware store that sales everything from your basic household appliances to minor cleaning supplies. Lowe’s believes that in order to maintain great customer service they feel that they must follow these simple rules: Provide customers with environmentally-responsible products, packaging and services at everyday low prices, educate and engage employees, customers and others on the importance of conserving resources, reducing waste and recycling, review and communicate progress made toward achieving established goals and objectives, and to engage on public policy issues related to sustainability. In this report I will discuss how I observed two
Summarize the Ways in Which PRIMARK have Lived Up to their Corporate Social Responsibility (CSR) Policies and Ways in Which They could or should have Done Better.
Wal-Mart uses its resources in research since before (2011-2012) for the sole purpose of coming up with new ideas and new ways to sustain itself in the local and global community. Locally it provides electricity in stores from solar panels and wind turbines. “Wal-Mart has taken strides to obtain its sustainability objectives. It has opened two environmentally friendly stores in McKinney, Texas, and Aurora, Colorado.” The company hopes that these experiments will conserve natural resources, save energy, and reduce pollution. In addition, Wal-Mart is attempting to reduce fossil fuel. Its fleet of hybrid trucks is a new technology for going “green (Ferrell, Fraedrich, Ferrell, 2011).” Similarly, Wal-Mart is “Currently working on four main green areas: waste improvement and recycling, natural resources, energy, and social/community impact. Wal-Mart’s long-term goals are to be supplied 100 percent by renewable energy, create zero
In order to be sustainable over the long term, Woolworths has made sure that their success doesn’t come at the expense of the society, economy and environment as they are a part of it (ICAA, 2011). They believe it not only involves responsibility to understand and manage their impacts, but also gives them an opportunity to achieve lasting and beneficial change that extends beyond their operations (ICAA, 2011).
For this capability, strong financial support and effective saving processes as fundamental resources enable Woolworths Ltd to provide products at relatively lower prices. The effective saving processes include the global sourcing process and direct store deliveries also play an important role to achieve competitive prices by reducing inventory costs and operating costs. Besides, the long term and good relationships with suppliers makes Woolworths get this capability to get lower cost products. Then combining the online network and existing delivery system makes customers purchase more conveniently. Last, Woolworths Ltd is also engaging in product expansion in different industries.
Our company analysis focuses on the Kohl’s corporation, which tailors to customers needs in apparel, shoes and home décor. Kohl’s entertain the idea of their slogan by saying “expect great things”, they set high standards in the business world from an economical stand point as the maintain almost 20 billion dollars in revenue and from a sustainability stand point as they have achieved numerous goals since the 2000’s. Kohl’s is a great company with many department stores located throughout the United States and in Massachusetts. There is one less than a mile away from Merrimack College that has a huge collection of apparel, shoes and home décor.
In contrast, many people and organizations have argued that Walmart is not holding true to their original sustainable commitments. According to the Institute for Local Self-Reliance, Walmart's greenhouse gas emissions have continued to grow over the last 10 years, and it’s percentage of renewable energy is inadequate compared to other major corporations. Stacy Mitchell, the author of the report and a senior researcher at the Institute believes that the core issue behind Walmart’s lack of action is that they will not change their unsustainable business model to make sustainable advancements. She says that, "Walmart has a highly unsustainable business model, built on shipping goods long distances, selling mountains of very short-lived products,
Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of
In a culture based on consumption and consumerism businesses are the forefront of society providing every good and service imaginable. Although, in today’s society there has been an increase in significant issues concerning the ecology of our planet that have come along with this consumer culture. With issues such a lack of clean water, lack of food, lack of energy and a rapid decline in biodiversity. This rapid decline in natural resources is due to mostly to the over consumption and alteration of the planet and its resources. Where do we start though in the process to protect and preserve our resources? It starts with the very businesses that we all buy from; a major part of our everyday lives and the largest consumers of resources businesses can play a large role in sustainability and climate action. Increasing pressure is being put on businesses to create a more sustainable society, this is being done through many business sustainable business efforts.
In the world today, companies are working hard to change the way that they run their businesses. Out of various different companies and business, one company that seemed to have a great deal of consideration towards social responsibility was Aldi. The purpose of this paper is to describe what corporate social responsibility is, the history of Aldi, and the approach Aldi takes towards sustainability and how they are a sustainable business. Also, what their future goals are, achievements they have made, and how they plan to invest in new technology to further their corporate social responsibility.
Due to increasing environmental imbalances, it is necessary for firms to achieve competitive advantages in the area of environmental convergence as well. Wal-Mart is putting continuous efforts from a long time for environment sustainability and energy conservation. It also received Aspen Institute Energy and Environment award for Corporate Energy Efficiency in 2009. Here are a few steps that Wal-Mart has taken to encourage environmental sustainability: