Gentrack Global Ltd
Climate Impact & Sustainability Data (2024, August 2023)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:21.72 tCO2e
Scope 1 Emissions:7.86 tCO2e
Scope 2 Emissions:13.72 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:80% (operationally controlled sites)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:kgCO2e per NZ$ of revenue
ESG Focus Areas
- Climate Change
Environmental Achievements
- Transitioned three more people centers to renewable energy, resulting in 80% of operationally controlled sites using renewable energy tariffs. Aiming for 100% by FY25.
Social Achievements
- Not disclosed
Governance Achievements
- Established a Global Sustainability Task Force (GSTF) with 38 members globally to develop and communicate sustainability efforts. Held a Climate Risk & Disclosure workshop for the Board and an annual Climate Workshop for the Executive Leadership Team.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- 100% renewable energy for all five locations by FY25
Environmental Challenges
- Increased resource and compliance costs associated with climate reporting legislation (e.g., NZ CRD requirements), alongside increasing stakeholder expectations for quantification and transparency in relation to climate-related activities, impacts, risks, and opportunities.
- Potential loss of customers if some businesses fail in the new environment due to climate change.
- Financial risk to offset commuter and air travel.
- Reputational risk (especially for aviation) from air travel for business to engage with customers face to face.
- Physical risks from heatwaves, drought, wildfires, storms, and flooding impacting staff and operations.
Mitigation Strategies
- Production of this climate statement to respond to transitional risks created by the introduction of climate disclosure regulation in New Zealand.
- Developing products and services to meet changing customer preferences.
- Utilizing technology to drive the transition and reduce cost to serve.
- Decarbonisation through renewable energy powered cloud-based computing.
- Scenario analysis to identify and assess climate-related risks and opportunities.
- Transitioning to renewable energy for operational sites.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Heatwaves
- Drought
- Wildfires
- Storms
- Flooding
- Sea level rise
Transition Risks
- Regulatory changes
- Market shifts
- Increased costs of decarbonisation
- Competitor risk
Opportunities
- Developing products and services to support the energy transition
- Increased revenue from new or optimised products
- Reputational benefits from providing services that accelerate the transition
Reporting Standards
Frameworks Used: NZ CS (Aotearoa New Zealand Climate Standards)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- g2.0, an end-to-end product-to-profit solution that allows utilities to launch new propositions in days, reduce cost-to-serve and lead in total experience.
Awards & Recognition
- Not disclosed
Reporting Period: August 2023
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- sustainable sourcing and ethical practices