Analyze the social impact initiative by Woolworths. Talk about the background as well, like an ecosystem.
Following its last-month investment in a wind farm in rural NSW, Woolworths is making progress. It is anticipated that the farm will supply 30% of the state’s stores by as early as January. Woolworths estimates that removing plastic from milk bottles reduces waste by about 400 tons annually. They intend to create a sustainability plan by 2025. “Working together to create a better tomorrow” is their highlight. Explain the relevant social, environmental, and cultural context for the business. Discuss what the business is doing well in relation to social and environmental impact and how it could improve its impact.