! THIS IS AN ARCHIVED REPORT  Please click here to view the current report
WESFARMERS SUSTAINABILITY REPORT 2017

Shareholders

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We listen to our shareholders throughout the year. We engage with our retail shareholders at our annual general meeting. We listen to our institutional investors at results announcements, strategy and operational briefings, post-result road shows and other ad hoc meetings. 

We hold a number of investor briefings each year relating to Wesfarmers’ half- and full-year results and Wesfarmers’ first and third quarter retail sales results. These are open to all shareholders to listen to live or delayed via public webcasts and for investment analysts to ask questions. Analysts can ask questions of the Managing Director and Chief Financial Officer and, in the case of the half- and full-year results releases, divisional Managing Directors.

In addition, the Managing Director and Finance Director hold briefings, both domestically and offshore, with representatives from a number of major Wesfarmers investors and broking groups in the weeks following the half- and full-year results announcements. Feedback from these briefings, including the areas of most interest to investors and shareholders, are used to guide future market communications.

Wesfarmers also holds an annual sustainability investor roadshow where it meets with a number of major investors and broking groups in the weeks following the release of our sustainability report to discuss our sustainability performance. 

The main issues that shareholders raised this year related to the competitiveness of the industries in which we operate, portfolio opportunities (acquisitions and divestments), dividend policy, leadership succession and the Group's outlook.

Our investors are also interested in understanding our approach to sustainability including ethical sourcing, supplier relationships, climate change resilience and broader corporate governance. These topics are discussed in investor briefings and at our annual general meeting.