Wesfarmers

Wesfarmers, an Australian company operating in the furniture and other manufactured goods n.e.c. sector, has outlined significant carbon emission reduction commitments. For the fiscal year 2025, the company reported total emissions of approximately 31.3 billion kg CO2e. This comprises Scope 1 emissions of about 789.7 million kg CO2e, Scope 2 emissions of approximately 236.9 million kg CO2e, and substantial Scope 3 emissions totalling around 30.5 billion kg CO2e. Within Scope 3, purchased goods and services accounted for the largest share at approximately 16.5 billion kg CO2e, followed by the use of sold products at about 10.9 billion kg CO2e.

In fiscal year 2024, Wesfarmers reported total emissions of approximately 36.6 billion kg CO2e. This included Scope 1 emissions of about 829.9 million kg CO2e, Scope 2 emissions of approximately 302.5 million kg CO2e, and Scope 3 emissions totalling around 35.8 billion kg CO2e. The category of purchased goods and services was the most significant contributor to Scope 3 emissions, with approximately 21.5 billion kg CO2e.

Wesfarmers's climate strategy includes ambitious net-zero targets. The company aims for net-zero Scope 1 and Scope 2 emissions by 2030. WesCEF, a part of Wesfarmers, has a Net Zero Roadmap targeting a 30% reduction in Scope 1 and Scope 2 emissions by the end of financial year 2030, relative to a financial year 2020 baseline, and aims for net-zero Scope 1 and Scope 2 emissions by 2050. Some retail businesses within Wesfarmers are accelerating their plans to achieve net-zero Scope 1 and 2 emissions by 2030. Additionally, Bunnings is targeting a 10% reduction in its Scope 1 and 2 emissions by 2025, compared to a 2020 baseline of 260 kilotonnes of CO2e.

Historically, emissions data shows a decrease in Scope 1 and 2 emissions from approximately 1.62 billion kg CO2e in 2020 to about 1.03 billion kg CO2e in 2025. Wesfarmers has also reported on emissions intensity, with one instance noting a decrease of 8% in fiscal year 2016 compared to the previous year, recording 59.3 tonnes of CO2e per million dollars of revenue.