Published 04-22-16
Issued by John Lewis Partnership
John Lewis Partnership has launched its 2016 Annual Report and Accounts including a sustainability performance review, accompanied by a more detailed online sustainability report.
John Lewis Partnership has launched its 2016 Annual Report and Accounts including a sustainability performance review, accompanied by a more detailed online sustainability report.
Report Highlights for 2015/16
The reports consider what the world will be like in 2028, 100 years from when the Partnership’s Founder, John Spedan Lewis, took over the business from his father and began setting up a trust that would allow his staff to become 'Partners' in the business. Trends considered include the proliferation of technology, resource scarcity, climate change, and health and wealth inequality and their impact on society, the workplace and the retail environment.
At http://www.johnlewispartnership.co.uk/csr.html the Partnership reports on its material sustainability issues, its targets, priorities and achievements in 2015/16, reflecting on what the trends will mean for the way it operates its business. Underpinning its approach to Responsible Business is its Constitution – a set of Rules and Principles first produced in 1928 by its Founder. These cover responsibilities to customers, suppliers, the environment and communities and include ‘Principle 1’ at its centre – ‘the happiness’ of its employees or ‘Partners’.
Key Sustainability Achievements:
The Partnership has strengthened its governance arrangements with the appointment of a sub-committee of the Board – the Corporate Responsibility Committee. This Committee is chaired by a Non-Executive Director and will make recommendations to the Board in respect of the Partnership’s Corporate Responsibility Policy and objectives. Earlier this year, Dame Fiona Reynolds joined the Committee, bringing with her a wealth of corporate responsibility experience and bolstering its independence. Of her appointment, Dame Fiona says: "I am delighted to have been selected to join the Committee and I look forward to working with the Partnership on these vitally important issues".
The John Lewis Partnership is an employee-owned UK company which operates John Lewis department stores, Waitrose supermarkets and some other services.