- Higher borrowing costs due to an increase in average interest rates
- Cost of living pressures
- Rising costs of doing business
- Subdued activity in residential construction
- Significant volatility in key commodities
- Bunnings Group’s TRIFR increased to 17.0
- Lower global commodity prices, particularly for ammonia and associated products
- Higher Western Australian domestic natural gas costs
- Increased competitive intensity in the Australian e-commerce market
- Cost of doing business pressures
Wesfarmers Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Wesfarmers Limited disclosed greenhouse gas emissions of 1.1K ktCO2e. By scope: Scope 1: 829.9 ktCO2e; Scope 2: 302.5 ktCO2e; Scope 3: 35.8 MtCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.1K ktCO2e
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 829.9 ktCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 302.5 ktCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 35.8 MtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 1.1K ktCO2e |
| 2021 | 1.5K thousand tonnes of CO2e |
| 2018 | 5.1K thousand tonnes CO2e (FY18) |
| 2013 | 5.1M tonnes CO2e |
| 2010 | 6.1M tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Group Scope 1 and Scope 2 (market-based) emissions decreased to 1,132.4 ktCO2e, falling 5.4 per cent relative to 2023
- 73.5% of Group operational waste diverted from landfill
- Bunnings Group achieved a 17.5 per cent reduction in Scope 1 and Scope 2 (market-based) emissions relative to the prior year
- Kmart Group achieved a 15.4 per cent reduction in Scope 1 and Scope 2 (market-based) emissions relative to the prior year
- Officeworks achieved a 7.7 per cent reduction in Scope 1 and Scope 2 (market-based) emissions relative to the prior year
- Industrial and Safety (ex-Coregas) achieved a 5.2 per cent reduction in Scope 1 and Scope 2 (market-based) emissions relative to the prior year
- Wesfarmers Health reported a 6.0 per cent reduction in Scope 1 and Scope 2 (market-based) emissions relative to the prior year
- OneDigital’s Scope 1 and Scope 2 (market-based) emissions decreased by 31.7 per cent
🎯 Climate & Sustainability Targets
🔜 Short-term
- Bunnings: 100 per cent renewable electricity by the end of calendar year 2025 and net zero Scope 1 and Scope 2 emissions by 2030
- Kmart Group: 100 per cent renewable electricity by the end of calendar year 2025 and net zero Scope 1 and Scope 2 emissions by 2030
- Officeworks: 100 per cent renewable electricity by the end of calendar year 2025 and net zero Scope 1 and Scope 2 emissions by 2030
- Industrial and Safety: Net zero Scope 1 and Scope 2 emissions by 2035
- Wesfarmers Health: Net zero Scope 1 and Scope 2 emissions by 2035
📅 Medium-term
- WesCEF: Interim target – 30 per cent Scope 1 and Scope 2 reduction by 2030
- Bunnings: Net zero Scope 1 and Scope 2 by 2030
- Kmart Group: Net zero Scope 1 and Scope 2 by 2030
- Officeworks: Net zero Scope 1 and Scope 2 by 2030
- Industrial and Safety: Interim target – 45 per cent Scope 1 and Scope 2 emissions reduction by 2025
🔭 Long-term
- WesCEF: Net zero Scope 1 and Scope 2 by 2050
- Coregas: Net zero Scope 1 and Scope 2 by 2050
🌱 ESG Focus Areas
Health, safety and wellbeingClimate change and energyEthical sourcing and human rightsGovernance, corporate conduct and ethicsAboriginal and Torres Strait Islander reconciliation and engagementPeople development, diversity and inclusionData and cyber securityCircular economy (including waste, packaging and plastics)Economic and community contributionsGovernment policy and complianceProduct quality and safety