The Warehouse Group has reported in accordance with the GRI Standards for the period 1 August 2022 to 30 July 2023.

We have applied the 2021 GRI reporting principles, including Accuracy, Balance, Clarity, Comparability, Completeness, Sustainability Context, Timeliness and Verifiability when determining what material topics and disclosures to include in this report.

Determining material topics

In 2021 we undertook an in-depth internal and external stakeholder mapping exercise, assessment and interview process. This included groups which our organisation has a significant impact on, and those stakeholders who have a high interest in or considerable influence on the success of our business. These include:

  • Retail customers;
  • Business customers;
  • Employees;
  • Suppliers;
  • Community partners;
  • Shareholders.

This process has informed and developed our list of material topics in accordance with the requirements under 2021 GRI Standard 3: Material Topics – determining the impacts of these issues on the business and how the Group manages these issues.

In 2023 we performed a high-level internal review of the material topics previously identified to confirm these are still valid and with a focus on the actual and potential, positive and negative impacts these topics have on the environment, the economy and our people.

This review concluded there have been no significant changes in the material topics this year. However, we have consolidated our focus on the most material topics which have the highest importance to stakeholders, the highest value at stake and therefore the highest impact on the environment, economy and our people. This has not changed our reporting as we already reported on the GRI Standards applicable to these material topics in prior years.

Our 2023 material topics are:

  1. Sustainable products and packaging
  2. Supply chain management
  3. GHG emissions
  4. Waste reduction
  5. Responsible and ethical sourcing
  6. Employee health, safety and wellbeing
  7. Employee engagement, diversity and inclusion
  8. Business ethics and human rights.

The Group’s material topics has been approved by the Environmental and Social Sustainability Committee.

We intend to perform a complete materiality assessment in FY24 as a combined review of reporting under GRI and the XRB Aotearoa New Zealand Climate Standards.

The Warehouse Group is active in the New Zealand retail sector. A GRI sector-specific standard is not yet available for the retail sector. Refer to pages 108-111 for the GRI Content Index.