Officeworks
OVERALL |
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Owned |
AUS |
Rating |
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Office supplies retailer
Established by Coles Myer in 1994. Today they operate over 150 stores across Australia, and is part of Wesfarmers' Home Improvement and Office Supplies division.
Company Ownership
Officeworks Ltd | AUS | website | ||||
Wesfarmers Ltd ![]() owns 100% of Officeworks Ltd |
AUS | website | ||||
Retail, energy, insurance, chemicals Founded in WA in 1914 as a farmers' cooperative, today Wesfarmers operations include department stores; home improvement and office supplies; insurance; chemicals, energy and fertilisers; and industrial and safety products. Acquired Coles Group in 2007 for $20 billion in the biggest takeover in Australian corporate history. Coles was spun-off in November 2018. Wesfarmers kept Officeworks, Kmart and Target, which were part of Coles Group when it was acquired by Wesfarmers. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Officeworks Ltd | ||||
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020) |
This company is an FSC Australia Retail Supporter. A Retail Supporter is an organisation that sells FSC Certified products (among others) to consumers. These are companies who not only wish to sell certified products, but promote and support FSC at the same time.
Source: FSC Australia (2017)
This company became a participant in the Australian chapter of the Global Forest and Trade Network (GFTN) in 2014. The Global Forest and Trade Network seeks to mainstream the principles of responsible forest management and sustainable trade throughout the global forest products industry, by providing technical assistance and fostering linkages between committed companies. Independent forest certification is a key tool in this process. The GTFN program was discontinued in Australia in 2017.
Source: WWF (2019)
This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics.
Source: Sedex (2018)
Laboratory testing of Lazer IT office paper made in Indonesia and sold by Officeworks reveals it is made up of 84% tropical rainforest fibre, in apparent conflict with the retailer's environment policies.
Source: Sydney Morning Herald (2011) |
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Wesfarmers Ltd | ||||
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020)
In 2018, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2018)
Oxfam Australia's Company Tracker compares the big clothing brands on their efforts to pay a living wage to the women working in their factories. This company has released the names and addresses of at least 70% of their supplier factories, and has taken some action towards paying a living wage within a set timeframe in the supply chain.
Source: Oxfam Australia (2019)
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 40-50 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
This company received an S&P Global ESG Score of 69/100 in the Retailing category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2019) |
In 2016 Rank a Brand assessed 37 major cotton-using companies on their commitment and performance with regard to sustainable cotton by looking at each company's cotton sourcing policies, use of sustainable cotton, and traceability. This company scored 0.5/19.5, making it one of the weakest performing companies.
Source: Rank a Brand (2016)
This company received a score of 35.3/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017) |
This 2013 report by The Australian Council of Superannuation Investors (ACSI) investigates the labour and human rights risks in supply chain sourcing. This company is identified on page 21 as a company which sources products from countries with known systemic labour and human rights concerns.
Source: ACSI (2013)
According to the democracyforsale.net website, this company donated $638,000 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: put a price on carbon; responsible corporate engagement in climate policy; report climate change information in mainstream reports as a fiduciary duty.
Source: We Mean Business (2017)
Between 2015 and 2018 this company paid $3 billion tax on a total income of $199 billion, earning the number 8 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2018)
This company has sustainability claims on its website in the areas of sourcing, community, environment and indigenous engagement.
Source: company website (2019)
In 2018 KnowTheChain benchmarked 120 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 43/100.
Source: KnowTheChain (2018)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2017) |
Company Details
Type | Wholly-owned subsidiary |
Revenue | $1.5 billion in 2013 |
Employees | 6,000+ in 2013 |
Contact Details
Address | East Bentleigh, VIC, Australia |
Phone | 1300 633 423 |
Website | www.officeworks.com.au |
Products / Brands
Officeworks
Officeworks Electronics Stores PPS Envelopes |