Our soon-to-be-launched benchmark report on Human Rights and Australian Listed Companies found that many Australian companies have a long way to go when it comes to identifying, addressing and disclosing human rights-related risks.
With your help we will put resolutions on human rights risks on the agenda at the Annual General Meetings (AGMs) of some of Australia’s biggest companies.
Our first targets will be Woolworths and Wesfarmers, which both performed poorly in our survey of the policies and procedures aimed at ensuring people’s human rights aren’t violated within company supply chains. Woolworths and Wesfarmers complex and extensive agricultural supply chains expose them to significant risks: recently we’ve seen reports of extreme labour exploitation on Australian farms, not to mention the slave-like conditions people work in, in other parts of the globe, to produce products which end up on these companies’ shelves.
Both Woolworths and Wesfarmers scored under 20% in our survey.
Put simply, both companies can and should do a lot better.
We need 100 shareholders to lodge resolutions at company AGMs to ask them to clean up their act. If you are a Woolworths or Wesfarmers shareholder, please join us by filling in this form so that we can include your name when we lodge the resolutions. If you join us then we will keep you informed about the company reactions and resolutions lodged.
In order to file a substantive resolution on climate/human rights issues in Australia, shareholders need to propose an amendment to the company's constitution which allows them to do so. Therefore, ACCR will also be proposing this kind of amendment to the company's constitution. You can read our proposal here.