Coles and Woolworths are the principal buyers of fresh fruit and vegetables in Australia. Between them, the two major supermarkets have a market share of over 70%.
ACCR are engaging Woolworths and Coles regarding the significant risks stemming from serious human and labour rights abuses in their value chain. With the Modern Slavery Act coming into force this year, the attention to these risks – and the responsibility of the major supermarkets to mitigate them – will only increase.
If you hold shares in either Woolworths and Coles and would like to support potential resolutions against these companies, please sign-up here.