Woolworths' sustainability programmes recognised internationally

It was named as one of the sustainability champions of the developing world in a report issued by the World Economic Forum and the Boston Consulting Group late last week. The report highlights sustainable and innovative business practices from companies in emerging markets.

Over a thousand companies worldwide were assessed on the basis of sustainability, innovation, scalability, geography and size. Of the 16 companies that met the criteria, Woolworths was one of only three in Africa and the only retailer to make the list.

The company has been included the Dow Jones Sustainability Index (DJSI) for the first time. Woolworths is the only South African retailer and one of only five South African companies to be listed on the DJSI, considered the world's most respected sustainability index.

Woolworths CEO, Ian Moir, said, "We are absolutely delighted to have been named by the World Economic Forum as one of the most environmentally aware companies in the developing world, and to have been included on the Dow Jones Sustainability Index. The company has long held a deep commitment to sustainability, which we formalised in 2007 with the launch of our Good business journey.

"We have made substantial progress over the past four and a half years, and sustainability remains a key aspect of our business strategy and a commitment that our staff, our suppliers and our customers share. Through initiatives such as Farming for the Future, our energy and water efficiency programmes and the development of small-scale suppliers we are creating shared value for our stakeholders."

The 16 New Sustainability Champions: