Woolworths is the organisation I have chosen, because they have set a long term goal in their endeavour to become a more environmentally sustainable business .Woolworths have stores throughout Australia .Their website is www.woolworths.com.au Woolworths are a food and staples retailer that has only one major competitor in Australia. Their head office is in Sydney Woolworths employs about 188,000 people and in 2010 had a turnover of 51.7 billion dollars. Woolworths Limited (Woolworths) was established in Sydney in 1924 as Woolworths Stupendous Bargain Basement. It grew nationally and into New Zealand both organically and through acquisition, and was listed on the ASX in 1993 under the ticker WOW. From the outset, Woolworth’s values focused on ‘integrity, trust and accountability’, and so the foundations for sustainable business practices were in place from the start.
Woolworths established a strong governance framework around its sustainability strategy.
The key driver of the Sustainability Strategy is the Sustainability Executive Committee (SEC) comprising the CEO, CFO, Group Manager Sustainability and general managers from the trading and support divisions. The SEC ensures that the strategy is being implemented on a timely and cost effective manner. One important role of this committee is to approve business cases and monitor progress. One of the key drivers for middle management action and engagement in delivering on the Sustainability Strategy is that this CEO-led committee empowers them to take action and demonstrates the central strategic importance of sustainability for Woolworths.
At the next level down, there is the Sustainability Co-ordinators Committee which comprises sustainability champions from retail businesses and logistics who manage process changes to embed sustainable business practices, as well as share ideas across divisions and facilitate the Eco Ambassador program. This group together with the Eco Ambassadors are charged with making...