Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Complexity in operations, supply chain party interdependency and data availability
• Variety in maturity and sophistication in data from third party suppliers in global operations

Mitigation Strategies

• Using a conservative estimation approach where uncertainty or omissions in data exist.
• Improving the ratio of primary data to estimation approaches in future years.

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: ISO 14064-1:2018

Certifications: Null

Third-party Assurance: Toitū Envirocare

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Reduced carbon dioxide equivalents by 251,101 tonnes (15.10% decrease) compared to 2019

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Complexity in operations, supply chain party interdependency and data availability
• Variety in maturity and sophistication in data from third party suppliers in global operations

Mitigation Strategies

• Primary data sought for all significant emissions sources; conservative estimation methods applied
• Iterative inventory preparation with internal draft, check and resubmission stages
• Post-audit review for 2018 and 2019 reports to identify areas for improvement

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: ISO 14064-1:2018

Certifications: Null

Third-party Assurance: Toitū Envirocare

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Management
• Water Security
• Community
• Team (Employee well-being)
• Governance

Environmental Achievements

• Reduced CO2e per tonne of Domestic Freight from 58.46 kgs in 2020 to 49.65 kgs in 2021
• Reduced CO2e per TEU-kilometre of Sea Freight from 0.12 kgs in 2020 to 0.09 kgs in 2021
• Reduced CO2e per tonne-kilometre of Air Freight from 1.21 kgs in 2020 to 1.20 kgs in 2021
• Reduced CO2e per Mainfreight team member from 164.69 tonnes in 2020 to 161.97 tonnes in 2021
• Reduced CO2e per million $ in Revenue from 436.89 tonnes in 2020 to 329.43 tonnes in 2021
• Mainfreight now operates over 10,000 solar panels and over 3,000kW in generation capacity across its sites.
• 30% recycled content shrinkwrap used in New Zealand warehouses.
• Polystyrene compression reducing volume by 40:1.
• Transitioned many new branch forklifts from diesel and LPG to electric.
• Significant progress in shifting small vehicle fleet from fossil fuel to hybrid and electric in New Zealand and Australia.

Social Achievements

• Support for Duffy Books in Homes program benefiting over 25,000 children annually.
• 15 years of support for The Life Education Trust, reaching over 240,000 children annually.
• Long-standing partnership with Bairds Mainfreight Primary School, including scholarships.
• Various community involvement initiatives, including beach clean-ups and food bank support.
• Annual IDEA Days for individuals with intellectual disabilities.
• Financial literacy workshops for employees in partnership with Westpac.
• Team family scholarships for tertiary education.

Governance Achievements

• GRI Core option reporting for the past 3 years.
• Greenhouse Gas Inventory Reports verified by Toitu Envirocare.
• Progress in preparing for Mandatory Climate Related Financial Disclosures (aligned with TCFD).

Climate Goals & Targets

Environmental Challenges

• Reducing carbon emissions while maintaining strong growth objectives and reliance on a freight industry that still uses fossil fuels.
• Accounting for emissions throughout the entire value chain.
• Last-mile vehicle emissions intensity in less densely populated areas.

Mitigation Strategies

• Focusing on reducing the intensity of carbon usage.
• Developing customer emissions dashboards for supply chain transparency.
• Investing in solar installations, rail and coastal integration, and electric fleet.
• Network intensification to offer better local service and reduce last-mile transit.

Supply Chain Management

Responsible Procurement

• Working with suppliers to capture and recycle shrinkwrap waste.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, ISO 14064-1: 2018, TCFD, GLEC

Third-party Assurance: Toitu Envirocare

Awards & Recognition

• Three Lean & Green stars

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Management
• Water Security
• Community
• Team
• People in the Value Chain
• Reporting & Disclosure
• Corporate Governance

Environmental Achievements

• Reduced CO2e per tonne kilometre domestic (road/rail) freight by 10.6% (0.094 kg to 0.084 kg)
• Reduced CO2e per TEU kilometre of sea freight by 7.0% (0.071 kg to 0.066 kg)
• Operates over 20,000 solar panels and 8,400kW in generation capacity
• Grown fleet of Fuso E-Canters to eight vehicles in New Zealand
• Operates two SEA electric Isuzu conversions in New Zealand
• Operates XCMG E700 Battery Swap heavy electric vehicle in New Zealand
• Operates 11 light electric trucks (Hino and Foton) in Australia
• Uses HVO diesel at its fueling station in s’Heerenberg, The Netherlands (over 25,000L)
• Implemented shrinkwrap recycling program with 30% recycled content

Social Achievements

• Supported over 100 schools in Duffy Books in Homes program
• Partnered with Life Education Trust
• Long-standing association with Bairds Mainfreight Primary School
• Annual participation in Melbourne Run for Kids
• Supported Stichting Present Montferland in the Netherlands
• Supported Child Watch Phuket Foundation and Children’s Cancer Foundation Hong Kong
• Annual Mainfreight IDEA Days in New Zealand
• Introduced paid parental leave initiative

Governance Achievements

• Reports on Group Greenhouse Gas Emissions to ISO 14064-1:2018 since 2018
• Reports with reference to GRI since 2020
• First Aotearoa New Zealand Climate Standards aligned report
• Published a modern slavery statement

Climate Goals & Targets

Environmental Challenges

• High upfront costs of electric vehicles and supporting infrastructure
• Limited availability of low-emission fuels
• Decarbonisation of air freight and international sea freight
• Supply chain disruptions due to climate events
• Managing fatigue and distraction of drivers
• Ensuring no labor or human rights violations throughout the value chain

Mitigation Strategies

• Investing in electric vehicle fleets
• Exploring novel fuels like HVO and SAF
• Investing in intermodal connectivity
• Implementing fatigue protection devices and electronic logbooks
• Developing its own suite of emissions reporting tools
• Developing climate resilient infrastructure
• Exploring due diligence mechanisms to ensure no labor or human rights violations

Supply Chain Management

Responsible Procurement

• Prioritising products with reduced environmental impact
• Assessing suppliers based on environmental practices
• Expecting suppliers to adhere to appropriate labour practices

Climate-Related Risks & Opportunities

Physical Risks

• Flood
• Storm Surge
• Wildfire
• Windstorm
• Drought
• Increased Precipitation
• Sea Level Rise

Transition Risks

• GHG pricing volatility
• Enhanced reporting requirements
• Policy uncertainty
• Exposure to litigation
• Technology cost and potential for failure
• Changing customer preferences

Opportunities

• Early preparation and developed capability in areas of legislative attention
• Reputation boost from early transition response
• Building & Resource Efficiency
• Collaboration
• Products & Services

Reporting Standards

Frameworks Used: GRI, ISO 14064-1:2018, Aotearoa New Zealand Climate Standards

Third-party Assurance: Toitū Envirocare

Sustainable Products & Innovation

• Emissions tracking tools
• Sustainable supply chain tools and alternatives