Retail and financial services
Founded in South Africa in 1931. Today the South African investment company has retail operations throughout Africa and into the Middle East, plus they own Australian retail chains Country Road and David Jones. It is not related to Woolworths Ltd in Australia.
Company Assessment
(Last updated Aug 2024)
Praise
Criticism
Information
Woolworths Holdings Ltd
Praise
Criticism
Information
CDP Climate Change score of B
In 2023, 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
(2023)
34.3% in Sustainable Cotton Ranking
The 2020 Sustainable Cotton Ranking, published by WWF, Solidaridad and the Pesticide Action Network UK analysed the 77 largest cotton users among international apparel brands and retailers, reviewing their policies, actual uptake of more sustainable cotton and transparency in their supply chains. According to the report, this company is "well on the way" with a score of 34.3%. The average score was 18.2% and the highest score was 79.2%.
CDP Water Security score of B-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of B-.
Source: CDP
(2023)
11/100 in KnowTheChain Benchmark
In 2023 KnowTheChain benchmarked 65 apparel and footwear companies on their efforts to identify and tackle forced labour risks in their supply chains. This company received a score of 11/100. The average score was 21/100 and the highest score was 63/100.
Source: KnowTheChain
(2023)
Controversies
Wikipedia lists a number of controversies for this company: In October 2010, Woolworths came under fire as they opted to remove Christian magazines from their shelves and discontinue their sale; In 2012 the South African Advertising Standards Authority ruled that Woolworths' vintage cold drink range was an imitation of a rival soft drinks range; In September 2012 Woolworths was accused of racism by some groups for allegedly discriminating against white job applicants and staff; In October 2013 rumours of plagiarism surfaced when Euodia Roets, a South African artist, accused Woolworths of using her designs that were kept as sample after contract negations which failed.
Source: Wikipedia
(2015)
Underpaying workers in Australia
In 2020 this company announced that more than 7000 staff members across David Jones and Country Road have been underpaid $3.7 million over the last six years. The company has pledged to pay all money owing.
Source: Inside Retail
(2020)
Partnership with WWF in South Africa
In Nov 2012 the World Wide Fund for Nature South Africa (WWF-SA) and Woolworths announced a broad-based, multifaceted partnership to drive greater sustainability through selected Woolworths products and operations. The three year partnership "recognises the growing congruence between WWF-SA and Woolworths interests in, among others: the conservation of energy; freshwater ecosystems; the promotion of sustainable agricultural practices; and the protection of fish stocks."
Source: WWF-SA
(2012)
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target; report climate change information in mainstream reports as a fiduciary duty; commit to smart energy use.
Source: We Mean Business
(2021)
Uzbek Cotton Pledge signatory
This company signed the Uzbek Cotton Pledge with the Responsible Sourcing Network, signifying a public commitment to not knowingly source Uzbek cotton for the manufacturing of any of their products until the Government of Uzbekistan ends the practice of forced labor in its cotton sector. However the Pledge was lifted in March 2022 after the Uzbek Forum for Human Rights, who monitored the annual cotton harvest since 2010, found no state-imposed forced labor in the 2021 harvest.
Source: Cotton Campaign
(2022)
Good Egg Award 2014 (South Africa)
Compassion in World Farming is a UK-based organisation which works with the European food industry to encourage and reward commitment, transparency, performance and innovation in the field of animal welfare. This company won their Good Egg Award in 2014 for their work with free-range eggs.
Fur free retailer
This retailer has committed to being a fur free retailer, as recognised by the International Fur Free Retailer Program.
Source: Fur Free Retailer
(2019)
Sustainability reporting
Follow link to see this company's latest sustainability reports.
Source: company website
(2015)
Responsible Retailer Award
In 2012 Woolworths Holdings won the International Responsible Retailer of the Year Award at the World Retail Congress for the third time in five years. Improved indicators include carbon footprint, water and packaging reduction, sustainable clothing and food products.
Source: World Retail Congress
(2012)
Textile Exchange member
This company is a member of the Textile Exchange, a global non-profit that works closely with its members to drive textile industry transformation in preferred fibres, integrity and standards and responsible supply networks. They identify and share best practices regarding farming, materials, processing, traceability and product end-of-life in order to reduce the textile industry's impact on the world's water, soil and air, and the human population.
Source: Textile Exchange
(2019)
Sustainability Champion
This company was designated a "New Sustainability Champion" in this 2010 document (page 42) from the World Economic Forum and the Boston Consulting Group. New Sustainability Champions proactively turn constraints into opportunities through innovation, embed sustainability in their company culture, and actively shape their business environments.
Source: Boston Consulting Group
(2010)
UN Global Compact participant
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
Source: UN Global Compact
(2020)
CanopyStyle member
This company is a member of the CanopyStyle initiative, which came about when research found that millions of trees are used every year to produce dissolving pulp, a key ingredient for fabrics such as rayon/viscose. The campaign seeks to phase out the use of endangered forest fibre in fabric.
Source: Canopy
(2018)
Plastics Commitment signatory
This company is a signatory to the New Plastics Economy Global Commitment, whose goal is to eliminate plastic pollution at its source.
Source: New Plastics Economy
(2022)
Better Cotton Initiative member
This company is a member of the Better Cotton Initiative, a voluntary program which encourages the adoption of better management practices in cotton cultivation to achieve measurable reductions in key environmental impacts, while improving social and economic benefits for cotton farmers, small and large, worldwide.
Source: Better Cotton Initiative
(2022)
Leather Working Group member
This company is a member of the Leather Working Group, a multi-stakeholder group who's objective is to develop and maintain a protocol that assesses the compliance and environmental performance of tanners and promotes sustainable and appropriate environmental business practices within the leather industry.
Source: Leather Working Group
(2022)
CDP Forests score of C-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests score of C-.
Source: CDP
(2023)
C- grade in Plastic Promises Scorecard
As You Sow's 2024 Plastic Promises Scorecard measures the corporate ambition and action of 225 large companies across six industries on six core pillars of plastic packaging pollution prevention: 1) Recyclability, 2) Reduction, 3) Recycled Content, 4) Recovery, 5) Reuse, and 6) Producer Responsibility. This company received a grade of C-.
Source: As You Sow
(2024)
Palm oil scorecard - WWF
The WWF Palm Oil Buyers Scorecard 2021 assesses 227 companies on the actions companies have taken to ensure their own palm oil supply chain is sustainable and free of deforestation, natural ecosystem conversion, and human rights abuse. This company is rated 'middle of the pack' with a score of 13.74 out of a possible total of 24.
Source: WWF Palm Oil Scorecard
(2021)
22/100 in What Fuels Fashion?
What Fuels Fashion? is a single-issue, special edition of the Fashion Transparency Index. The 2024 report ranked 250 of the world's largest fashion brands and retailers according to their level of disclosure on climate and energy-related data in their own operations and supply chains. Brands owned by this company scored 22%. The average score was 18% and the highest score was 75%.
Source: Fashion Revolution
(2024)
BHRRC company profile
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
Source: BHRRC
(2022)
29/100 in Fashion Transparency Index
The 2023 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their human rights and environmental policies, practices and impacts. Brands owned by this company scored 29%, signifying it is doing a bit more than the others when it comes to having policies and commitments in place and auditing and reporting activities, but could be doing more. The average score was 26% and the highest score was 83%.
Source: Fashion Revolution
(2023)
41/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 41/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). 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
(2022)
Company Details
Type:
Public company
Revenue:
3.7 billion USD
(2018)
Employees:
46,000
(2018)
Subsidiaries:
Country Road Group Pty Ltd
Clothing
Founded in 1974, South Africa's Woolworth Holdings secured a controlling interest in Country Road in 1998. Solomon Lew owned a strategic 12% stake for 17 years, which he sold in 2014 during Woolworths' acquisition of David Jones. Acquired Witchery in 2012 and Politix in 2016.
Witchery Fashions Pty Ltd
Clothing retail
Founded in 1940. Retailer of ladies clothing and accessories. Bought from the (Solomon) Lew family by Gresham Private Equity in 2006. Acquired by Country Road in 2012.
Contact Details
Products / Brands
Country Road Group
Country Road
Babywear
Country Road
Childrenswear
Country Road
Womens Fashion
Country Road
Menswear (casual)
Mimco
Womens Shoes
Politix
Menswear (casual)
Trenery
Womens Fashion
Trenery
Menswear (casual)
Witchery
Womens Fashion