In the two weeks leading up to our interview, the meeting had to be rescheduled four times on account of a string of unexpected crises. Focus areas include diversity, food waste, own brand packaging, ethical and sustainable sourcing and carbon emissions.
Our Corporate Responsibility Strategy identifies our goals to improve sustainability and minimise the environmental impact of our operations. We have combined our Digital, Loyalty and Data businesses into WooliesX, focused on delivering on our connected customer strategy.
Business Review Material business risks The Woolworths Group consists of complex businesses that are exposed to a range of strategic, financial, operational and compliance related risks that are inherent when operating in retail and online markets.
But to really show how [risk management] adds value is the challenge. Which is precisely what attracted him. The Woolworths Group Code of Conduct and training programs promote awareness of legal, regulatory and internal policy requirements.
We have a board approved turnaround plan for our general merchandise business which is monitored regularly and we anticipate the proposed sale of the Petrol business will further improve our capital position.
The stress left him feeling exhausted. In addition, a failure to turnaround our general merchandise business or materially adverse interest rates and foreign exchange rate fluctuations could impact on the business' profitability. The company, once a star performer on the Australian Stock Exchange, has had a tough couple of years, with its supermarkets business trounced by rival Coles and its Masters hardware chain proving a big drain on the balance sheet.
Having qualified as a chartered accountant, he held a number of finance and investment banking roles in his home country of South Africa before moving to Australia in The leak saw it in the headlines of national news outlets and resulted in the website being closed to online trade for a number of days.