Wesfarmers — a diversified corporation
From its origins in 1914 as a Western Australian farmers’ cooperative, Wesfarmers has grown into one of Australia’s largest listed companies. With headquarters in Western Australia, its diverse business operations cover: home improvement and outdoor living; apparel and general merchandise; office supplies; and an Industrials division with businesses in chemicals, energy and fertilisers, and industrial and safety products. Wesfarmers is one of Australia’s largest employers and has a shareholder base of approximately 484,000.
The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.
The company aims to achieve this by:
* satisfying the needs of customers through the provision of goods and services on a competitive and professional basis; * providing a safe and fulfilling working environment for employees, rewarding good performance and providing opportunities for advancement; * contributing to the growth and prosperity of the countries in which it operates by conducting existing operations in an efficient manner and by seeking out opportunities for expansion; * responding to the attitudes and expectations of the communities in which the company operates; * placing a strong emphasis on protection of the environment; and * acting with integrity and honesty in dealings both inside and outside the company.