Kmart and Target applauded in fashion transparency
Kmart and Target have been ranked equal 10th out of 250 of the world's largest fashion brands in the Fashion Transparency Index, for disclosures surrounding social and environmental policies, practices and impacts in their operations and supply chains.
Both brands were also one of the most improved in the world, reflecting the division and broader Group's commitment to sustainable development and transparency.
The Fashion Transparency Index was established five years ago, following the tragic collapse of the Rana Plaza factory in Bangladesh which highlighted the lack of transparency in the supply chains of many retailers.
"This is a result of the great progress we've made in increasing transparency with our customers by making information about our human rights and environmental policies, practices and progress more readily available on our websites," said Tracie Walker, General Manager Corporate Affairs and Sustainability for Kmart Australia, Target Australia and Catch.
Further reflecting Wesfarmers' commitment to respecting and promoting human rights, in September the Group was found to have one of the best modern slavery disclosures among Australia's top companies, according to a recent Monash University report. Companies with the best scores had made managing modern slavery risks a priority, the report said, noting these groups were transparent in how they assessed and addressed the risk of modern slavery practices.
Wesfarmers is committed to eliminating modern slavery in all its forms and is working to continuously improve strategies to identify and mitigate risks. Wesfarmers has assessed the risk of modern slavery in its operations as low because its workforces are predominantly in low-risk countries and maintain robust human resources policies and grievance mechanisms, which create greater transparency of modern slavery issues.