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Communities<br />
and environment<br />
At The Warehouse, we recognise that choices we make today affect the future<br />
environment. We need to play our part in ensuring that growth today does not<br />
compromise opportunities for future generations. To be a sustainable business,<br />
we need to extend our conscience beyond immediate commercial imperatives.<br />
We believe that this is good for business and for the long-term interests of our<br />
shareholders and other stakeholders.<br />
8,013 84.2% $2.4m<br />
Team Members Retention Rates Charity Fund-raising<br />
2010 7,805 2010 84.8% 2010 $2.3m<br />
2009 7,632 2009 78.8% 2009 $1.8m<br />
19,818 6.9m 155<br />
The Canterbury<br />
earthquakes<br />
The earthquake of 22 February 2011 unleashed<br />
immeasurable suffering onto the people of Christchurch<br />
with the city centre’s buildings crumbling, many homes<br />
destroyed and, tragically, many lives were taken.<br />
The 6.3 magnitude quake struck near Lyttelton, causing<br />
mass destruction. The region, its people, their homes<br />
and many businesses suffered huge losses – many having<br />
not recovered from the impact of the previous quake<br />
of September 2010.<br />
The Warehouse Group extends its heartfelt sympathy to all<br />
the people of Canterbury who suffered loss – the emotional<br />
and financial tolls are quite simply enormous. We extend<br />
our thoughts to everyone here in New Zealand and for those<br />
overseas who lost loved ones. To our teams on the ground,<br />
we thank you and your families for working through this<br />
devastating time. We know many of you suffered significant<br />
personal loss.<br />
We are grateful that all of our Team Members and<br />
customers were evacuated safely from our stores whilst<br />
only one customer received minor injuries from falling stock.<br />
The ongoing aftershocks and the quake on 13 June 2011<br />
continued to test the region and its people.<br />
We stood by our Team Members, customers and the<br />
community then – and we will continue to stand by you.<br />
Our team<br />
The Warehouse Group’s 13 The Warehouse stores, South<br />
Island Distribution Centre and seven Warehouse Stationery<br />
stores were closed immediately following the September<br />
2010 and February 2011 earthquakes in order for structural<br />
engineers to assess the impact and ensure each location<br />
was structurally sound before the decision was made to<br />
recommence trading on a store-by-store basis.<br />
There are over 900 Team Members employed by<br />
The Warehouse Group in the region. We know the<br />
ramifications on our people were huge – many suffered<br />
structural damage to their homes and had no sewerage<br />
and water – let alone the emotional toll. We supported our<br />
Team Members on a case-by-case basis as we all worked<br />
through this traumatic experience. Services were provided<br />
to lessen the impact and reduce the financial and emotional<br />
burden. Where stores were closed temporarily, employment<br />
was provided at other locations.<br />
Community support<br />
Supporting our community is simply a part of The Warehouse‘s<br />
DNA – it’s what we do day-in and day-out throughout<br />
New Zealand. The economic ramifications of the February<br />
quake and the rebuild alone will stretch the resources of<br />
our nation. By pulling together, we know that we make it just<br />
a little bit easier for the residents and businesses of the<br />
region to start out again – and of course it’s important for<br />
us to provide ongoing support to our own people.<br />
Following the September 2010 quake, we donated $500,000<br />
to the NZ Red Cross Canterbury Earthquake Appeal to help<br />
the devastated community. We had coin donation boxes and<br />
point-of-sale donations in-store, donations could be made via<br />
our website and our teams nationwide initiated a number of<br />
their own fund-raising efforts. All donations collected were<br />
paid to the NZ Red Cross Canterbury Earthquake Appeal<br />
for distribution. We also provided much-needed emergency<br />
supplies to Civil Defence, EQC and other independent groups.<br />
The Warehouse Charitable Trust has been established with<br />
an initial pledge of $500,000 from The Tindall Foundation<br />
to assist Team Members and selected community groups<br />
who require support in the medium to long term as a<br />
result of natural disasters that have directly affected<br />
them. The immediate priority of the Trust will be to support<br />
Team Members and community groups who reside in the<br />
Christchurch area and who require assistance as a result<br />
of the 2010/11 Canterbury earthquakes.<br />
Waste (m 3 ) Plastic Bags Issued Electricity (Store kWh/sqm/pa)<br />
2010 18,427 2010 7.2m 2010 154<br />
2009 22,972 2009 27.0m 2009 148<br />
For further information on our activities and progress, go to<br />
www.thewarehouse.co.nz/red/content/homepage/communities-and-environment/reports<br />
to download our Community and Environment Report.<br />
COMMUNITIES AND ENVIRONMENT 20<br />
CANTERBURY 21