CTI Logistics Limited
Climate Impact & Sustainability Data (2023-07-01 to 2023-12-31, 2024, FY2021 (30 June 2021))
Reporting Period: 2023-07-01 to 2023-12-31
Environmental Metrics
ESG Focus Areas
- Staff wellbeing
- Safety culture
- Supply chain compliance
- Carbon footprint reduction
Environmental Achievements
- Ongoing reduction of the Company’s carbon footprint following the installation of solar electricity at owned and leased properties, 5-star Green Star property developments and an accelerated fleet renewal program to further reduce average vehicle age and emissions.
Social Achievements
- Staff wellbeing continues to benefit from the rollout of the national Employee Assistance Program (EAP), driver support programs and trained site-based Wellbeing Officers.
- Company-wide commitment to a strong safety culture continues to be maintained, where additional focus on preventative hazard reporting and training during the period has seen a reduction in Lost Time Injuries (LTI), which remain significantly below industry averages.
Governance Achievements
- Robust supply chain compliance, including risk assessments and awareness programs, has been reported in the recent release of Company’s Modern Slavery Statement for FY23.
- As part of our annual ISO commitments, the Company was independently audited in July 2023 and was successful in retaining certification for Quality (9001:2015), Environment (14001:2015) and Health and Safety (45001:2018).
Climate Goals & Targets
Environmental Challenges
- In the context of inflation and higher interest rates, along with continuing wage cost pressures, forecasting the operating environment and outlook remains difficult and we remain aware that future trading volumes and activity could be impacted as a result.
- These conditions are anticipated to drive continued consolidation within the transport industry as operators pursue growth and scale.
Mitigation Strategies
- The Company continues to evaluate synergistic acquisition prospects and is well positioned to capture growth opportunities following recent national capacity expansions and substantial investments in property and vehicles.
Supply Chain Management
Responsible Procurement
- Robust supply chain compliance, including risk assessments and awareness programs
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Emissions reduction
- Staff wellbeing
- Safety initiatives
Environmental Achievements
- Installed solar power and LED lighting on new and existing properties
- Upgrading vehicles
Social Achievements
- Maintained excellent safety record at significantly higher volumes
- Positive health and safety culture
Governance Achievements
- Retained ISO certifications for Quality (9001:2015), Environment (14001:2015) and Health and Safety (45001:2018)
Climate Goals & Targets
Long-term Goals:
- Develop plans to reduce and offset carbon footprint
Environmental Challenges
- Uncertainties related to inflation, continuing cost pressures and changes in market conditions
Mitigation Strategies
- Continued focus on productivity improvements, cost controls and higher utilisation of facilities
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY2021 (30 June 2021)
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Safety
- Environment
- Compliance
Environmental Achievements
- Ongoing fleet renewal to reduce emissions intensity
- Sustainable property developments reducing energy footprint
Social Achievements
- 30% improvement in LTIFR from 2019 to 2021
- 16,596 learning events completed in FY21 (includes safety and compliance training)
- Long-standing partnership with Fair Game Australia, providing office space, transport, and warehousing support
Governance Achievements
- Chain of Responsibility, Whistleblowing and Modern Slavery compliance
- Heavy Vehicle Accreditation from Main Roads WA and National Heavy Vehicle Regulator
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 uncertainty
- Labour shortages
- Natural disasters and rail disruption impacting interstate freight margins
- Driver shortages impacting WA metro freight
Mitigation Strategies
- Focus on keeping people well, collaborative customer relationships, and maintaining safe and reliable operations (COVID-19)
- Attraction and retention initiatives (labour shortages)
- Focus on quality revenue, cost control, and improved utilisation of equipment (freight margins)
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed