Climate disclosures
We strive to reduce the emissions intensity of our businesses and improve their resilience to climate change.
9.1 MBAt Wesfarmers, we are committed to taking action and our businesses have long been managed with a deep carbon awareness.
Across the world, action is being taken to reduce the amount of carbon emitted into the earth’s atmosphere in order to mitigate rising temperatures. We believe that business has an important role to play in this transition. At Wesfarmers, we are acting through ambitious targets within our own operations and by working in partnership with global peers, non-government organisations and others.
Our climate disclosures and strategy have evolved significantly in the last five years and the Taskforce on Climate-Related Financial Disclosure (TCFD) is an effective tool to assess and report on climate strategy, risk and opportunity across the Group.
This disclosure follows the recommendations of the Financial Standards Board TCFD. We recognise the importance of these disclosures to enable the efficient allocation of capital within markets and to drive the transition to a sustainable global economy for all.
We strive to reduce the emissions intensity of our businesses and improve their resilience to climate change.
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Climate and energy commitments
With the different emissions profiles of our diverse businesses, appropriate and ambitious targets have been set for each division or business. These targets are consistent with our desire to support the transition of global economies to net zero by 2050.
GRI 103-1, GRI 103-2, GRI 103-3, GRI 302-1, GRI 302-3, GRI 305-1, GRI 305-2, GRI 305-3, GRI 305-4, GRI 305-5, GRI 307-1