The Board of Wesfarmers is a strong advocate of good corporate governance. The Board is committed to providing a satisfactory return to its shareholders and fulfilling its corporate governance obligations and responsibilities in the best interests of the company and its stakeholders.

Wesfarmers complies with the second edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations released in August 2007 (ASX Principles). Wesfarmers’ corporate governance practices for the year ended 30 June 2011 are outlined in the Corporate Governance Statement, which forms part of the 2011 Annual Report. Please click here for the 2011 Corporate Governance Statement.

On 30 June 2010, the ASX Corporate Governance Council released amendments to the ASX Principles which apply to listed entities in the first financial year commencing on or after 1 January 2011. In recognition of these revisions, the Board approved a Group Diversity Policy during the year. Wesfarmers is implementing strategies to achieve the objectives under that policy and, over the course of the 2012 financial year, will measure the progress in achieving them.

You can access key corporate governance documents by clicking on the following links: