Telstra Corporation Limited
Climate Impact & Sustainability Data (2022-07 to 2023-06)
Reporting Period: 2022-07 to 2023-06
Environmental Metrics
Total Carbon Emissions:910,607 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:858,073 tCO2e/year
Renewable Energy Share:30% of total energy use
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Reconciliation and First Nations advocacy
- Ethical Supply Chain
- Digital Inclusion
- Online Safety, Privacy and Security
Environmental Achievements
- Reduced combined scope 1+2 emissions by 30% and scope 3 emissions by 28% from an FY19 baseline
- Achieved renewable energy generation of 30% towards the target of 100% by 2025
- Maintained certification as a carbon neutral organisation
- 100% of Telstra branded packaging made of renewable or recycled material and fully recyclable
Social Achievements
- Helped 1.26 million customers in vulnerable circumstances stay connected
- Supported over 200,000 Australians to build digital skills in FY23
- Launched First Nations Connect Hotline
- Expanded accessibility program, achieving Band 1 Accessibility Maturity Scores for core digital assets
Governance Achievements
- Achieved 100% completion rate of mandatory Business Essentials refresher training
- Increased RepTrak reputation score by 1.3 points
- Incorporated scope 1+2 absolute emissions reduction target into Executive Variable Remuneration Plan
Climate Goals & Targets
Long-term Goals:
- Achieve net zero greenhouse gas emissions by 2050
Medium-term Goals:
- Reduce absolute emissions by at least 50% by 2030
- Enable renewable energy generation equivalent to 100% of consumption by 2025
- Reduce scope 3 emissions by at least 50% by 2030
Short-term Goals:
- Reduce TIO referral complaints further
- Increase network waste recycling rate to 90% by 2025
- Reuse or recycle 650,000 mobile phones, modems and other devices each year to 2025
Environmental Challenges
- Supply chain disruptions
- Climate change impacts on infrastructure
- Meeting ambitious scope 3 emissions reduction target
- Achieving 100% renewable energy generation by 2025
Mitigation Strategies
- Investing in energy reduction projects ($49 million in FY23)
- Accelerating decommissioning of legacy technology
- Working with suppliers to identify emissions reduction opportunities
- Securing Power Purchase Agreements for renewable energy projects
Supply Chain Management
Supplier Audits: 41 independent third-party audits across 16 suppliers
Responsible Procurement
- Supplier Code of Conduct
- Know Your Supplier platform (KYS)
- Emissions reduction clause in commercial agreements
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (floods, cyclones, bushfires)
- Power outages
Transition Risks
- Regulatory changes
- Market shifts towards decarbonisation
Opportunities
- Development of energy-efficient products and services
- Investment in renewable energy
Reporting Standards
Frameworks Used: GRI Standards, UN Global Compact, SASB Standards, GSMA Metrics for Mobile framework, TCFD
Certifications: ISO 14001:2015, ISO 45001:2018, Climate Active (carbon neutral)
Third-party Assurance: Ernst & Young (EY)
UN Sustainable Development Goals
- SDG 8
- SDG 9
- SDG 10
- SDG 12
- SDG 13
- SDG 16
Telstra's sustainability initiatives contribute to these goals through various programs and initiatives.
Sustainable Products & Innovation
- Telstra Smart Modem 3 (using recycled plastics)
Awards & Recognition
- Australian Financial Review Sustainability Leaders Award
- WhistleOut Awards
- APCO Annual Awards