Experience Co Limited
Climate Impact & Sustainability Data (2020, 2021-2022)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Diversity
- Environmental Sustainability
- WHS (Workplace Health and Safety)
- Community Engagement
Environmental Achievements
- Elimination of plastic on all Group activities and adoption of environmentally friendly products
- Implementation of recycling programs for all Group activities
- Maintenance of marine engines to run efficiently and use of low emission outboard engines on vessels
- GBR Biology team oversees and monitors reef health, builds reef resilient networks, provides reef education, and supports Citizens of the Great Barrier Reef
Social Achievements
- Launched Dreamtime Dive & Snorkel, integrating indigenous cultural storytelling with tourism, providing employment and training opportunities for the indigenous community
- Support of the Junior Indigenous Marine and Environmental Cadet Program (JIME), providing industry-related employment opportunities for indigenous students
Governance Achievements
- Substantial compliance with the 4th edition of the ASX Corporate Governance Principles and Recommendations
- Appointment of first female Board member
- Implementation of a Code of Conduct for Directors, employees, and contractors
- Adoption of a Whistleblower Policy
Climate Goals & Targets
Environmental Challenges
- Potential for material environmental exposure outside of the company's control
Mitigation Strategies
- Monitoring of environmental risk
- Establishment of procedures for compliance with environmental regulations
- Accreditation with various environmental organizations (e.g., Ecotourism Australia, Climate Action Australia)
- Company-wide initiatives to reduce environmental impact
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations (4th edition)
Certifications: Advanced Ecotourism via Ecotourism Australia, Leader under Climate Action Australia's Certification Program, Greenhouse Challenge Plus, Planet Safe Partnership
Reporting Period: 2021-2022
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
- Ecological Sustainability
- Social Sustainability
- Economic Sustainability
Environmental Achievements
- Established a carbon emissions baseline in FY2021/2022.
- Conducted 3,038 Eye on the Reef surveys (8.7% of total surveys), making them the number 1 contributor.
- Installed 430 Reef Stars (MARRS system) resulting in a 50% increase in coral cover in 18 months.
- Collected 13,000 juvenile Crown-of-Thorns starfish for research.
- Participated in The Reef Cooperative, a project to rebuild reef and reseed coral larvae.
- Implemented Kul-Bul project, combining Indigenous Ecological Knowledge with contemporary monitoring practices.
Social Achievements
- Provides employment for close to two hundred employees.
- Prioritizes health and safety, equality, diversity, and inclusion, and fair labor practices.
- Supports local goods and services with lower emissions.
- Selects suppliers with recycling strategies or use of recycled materials.
- Offers services and support to fundraisers and community events.
- Conducts regular beach clean events.
- Provides reef and island transfers for conservation groups.
- Sponsors community events.
- Offers a Reef Education program reaching thousands of students.
- Partners with Shoreline to develop educational programs and employment pathways for Indigenous Australians.
- Partners with Queensland Parks and Wildlife Service for Indigenous Ranger training.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Preference for local goods and services with lower emissions; selection of suppliers with recycling strategies or use of recycled materials.
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