PEXA Group
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:13,027.4 tCO₂e/year
Scope 1 Emissions:0.01 tCO2e/year
Scope 2 Emissions:215.8 tCO2e/year
Scope 3 Emissions:12,895.5 tCO2e/year
Renewable Energy Share:100% at Melbourne Head Office
ESG Focus Areas
- Governance
- Customer and Product
- People and Community
- Environment
Environmental Achievements
- 100% renewable energy at PEXA’s Australian Head Office
- Targeting net zero scope 1 and scope 2 emissions in 2025
Social Achievements
- Delivered 2,700 unique learning experiences to our people through our PEXA Academy and our valued partnership with Victoria University
- 47% female participation in leadership roles
- Continued our three-year partnership with Homes for Homes and developed an engagement plan to measure our collective impact
- 248 volunteering hours across our communities in Australia and UK
Governance Achievements
- Joined the United Nations Global Compact
- Completed our first Communication on Progress
- Undertook our first Ecovadis ESG assessment, scoring an equivalent ‘good’ rating
Climate Goals & Targets
Short-term Goals:
- Net zero scope 1 and scope 2 emissions by 2025
Environmental Challenges
- Business expansion in the UK resulted in a 4% increase in total net emissions compared to 2023
- Scope 3 emissions not yet assured
Mitigation Strategies
- Commenced climate uplift program, next step to deliver a roadmap and climate risk and opportunities assessment
- Working towards a Modern Slavery roadmap and gap analysis
- Independent limited assurance provided over Scope 1 and Scope 2 greenhouse gas emissions; internal independent pre-assessment of Scope 3 emissions completed
Supply Chain Management
Supplier Audits: 43 third-party risk assessments completed
Responsible Procurement
- Procurement Policy
- Responsible Sourcing Policy
- Third-party risk assessment process
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, Australian Sustainability Reporting Standards
Certifications: ISO 27001 (Information Security Management), ISO 27710 (Privacy Information Management), SOC 2
Third-party Assurance: Ernst & Young (limited assurance on Scope 1 and 2 emissions)
UN Sustainable Development Goals
- 3
- 5
- 8
- 9
- 11
- 13
- 16
- 17
Contribution to SDGs through various initiatives
Sustainable Products & Innovation
- PEXAGo platform
Awards & Recognition
- GoodCompany Top 20 Best Workplaces to Give Back