We’re committed to protecting our natural assets by supporting sustainable communities, reducing our climate impact and managing our carbon emissions.
Net zero for scope 1 and scope 2 emissions
In line with our target, PEXA has mitigated its scope 1 and scope 2 emissions to net zero across the group for its FY24 reporting year. View PEXA’s Scope 1 and Net Zero Target Summary Report.
Our net zero pathway has focused on emissions reduction, the purchase of 100% renewable electricity across our office locations and offsetting residual emissions. Our pathway to emissions reduction can be found here.
We are committed to continuing our emissions reduction initiatives, procuring 100% renewable electricity across our offices and retiring offsets/LGCs as appropriate for our residual scope 1 and scope 2 emissions annually.
We account and report our scope 1, scope 2 and scope 3 emissions in line with the Greenhouse Gas Protocol standards and produce annual emissions inventory reports. We are taking further steps to gather more data on our scope 3 emissions from our supply chain with the intent to reduce these emissions.
We have mapped our supply chain emissions and we are prioritising those categories with the highest spend and impact in our carbon management plans.
Independent Limited Assurance Report – Emissions FY2024
Basis of Preparation Greenhouse Gas Emissions FY2024
FY2024 Greenhouse Gas Emissions Report
FY2023 Greenhouse Gas Emissions Report
FY2022 Greenhouse Gas Emissions Report
FY2021 Greenhouse Gas Emissions Report
Our Green Office Spaces
We’ve focused on creating healthy and green workspaces for our people. In 2016, we relocated our head office to Collins Square, Melbourne. The precinct tower holds the following green ratings:
- 6 Star NABERS Indoor Environment Rating
- 5.5 Star NABERS Energy Rating
- 5 Star NABERS Water Rating
- 5 Star Green Star Rating
Our smart offices have motion sensor lighting and ‘follow-me’ print to reduce our energy and paper usage, and have been designed with collaboration spaces across the floors to connect and collaborate.
Melbourne Head Office, Sydney and West Village Leeds UK use 100% renewable electricity
Net zero for our scope 1 and scope 2 emissions for FY24
Climate and resilience
PEXA’s approach to climate management is evolving as part of our new strategy.
Climate impact assessments form part of our strategy actions and we are progressing our alignment with global reporting frameworks and the Australian Sustainability Reporting Standards (ASRS). Our ASRS Roadmap will be implemented over the next two year as PEXA implements climate assessment plans and related assurance programs of work.
As a ‘group 1’ entity under the ASRS, PEXA’s reporting year begins on the 1st of July 2025. PEXA continues to take a cross functional approach to the implementation of the ASRS with climate governance remaining a responsibility of the Board and management committees.
ENVIRONMENTAL SOCIAL AND CORPORATE GOVERNANCE