Climate Change Data

Environmental Metrics

ESG Focus Areas

• Our People
• Community
• Environment
• Marketplace

Environmental Achievements

• 207.84kg of used electronic equipment recycled in FY21
• GHG emissions inventory completed for the first time
• Data centre efficiencies implemented in FY21 to reduce energy consumption

Social Achievements

• Launched Emerging Leaders Program in FY21
• Amplifying our Culture sessions introduced bi-weekly in FY21
• 95%+ of our global workforce has transitioned to a hybrid working model
• 7,100+ external course commencements in WiseTech Academy up 325% on FY20

Governance Achievements

• Established a Sustainability working group
• Consolidated ESG data and established a sustainability framework broadly guided by the Global Reporting Initiative (GRI) Sustainability Reporting Standards (Core option)
• Undertook a pay equity analysis as part of our remuneration review process

Climate Goals & Targets

Environmental Challenges

• Supply chain disruption, capacity constraints, and the outbreak of new COVID-19 strains in key markets impacting global trade
• Increasing regulation, margin pressure, geo-political tensions, and demand for faster throughput

Mitigation Strategies

• Organisation-wide efficiency and acquisition synergy extraction program to streamline processes and teams, maximise operating leverage, and ensure appropriate allocation of resources
• Accelerated native customs and cross-border compliance builds in key markets
• Continued investment in R&D and product innovation

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Sustainable Products & Innovation

• CargoWise software updates that streamline logistics routes

Environmental Metrics

ESG Focus Areas

• Energy Consumption
• Greenhouse Gas Emissions
• Waste Management
• Employment
• Training and Education
• Diversity and Equal Opportunity
• Customer Privacy
• Data Security

Environmental Achievements

• Reduced energy consumption (details not quantified in provided text)
• Reduced GHG emissions (details not quantified in provided text)

Social Achievements

• 33 men and 28 women took parental leave, representing 3% of the workforce.
• Global employee survey conducted and program underway to address feedback.

Governance Achievements

• No material non-compliance with laws and regulations; no material fines or sanctions.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: GRI Standards, SASB Software & IT Services Standard

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Tech education
• People & culture
• Net zero carbon

Environmental Achievements

• Offset 100% of Scope 1 and 2 emissions
• Completed first Scope 3 emissions inventory
• Recycled ~6,000kg of e-waste

Social Achievements

• Launched Earn & Learn Scholarship Program with 30 students
• 78% growth in number of students accessing Grok Academy
• Spent $64,000 with social enterprises for office catering
• Employee turnover rate decreased to 7.8% (from 11.8%)
• Maintained ISO 27001 and achieved SOC 1 and SOC 2 attestations

Governance Achievements

• Developed new Sustainability and ESG Principles
• Maintained ISO 27001 Information Security Management

Climate Goals & Targets

Environmental Challenges

• Attracting and retaining key personnel
• Execution of integration of acquired businesses
• Regulatory and compliance complexities
• Competition in the logistics software market
• Retaining existing and attracting new customers
• Decline in trade volumes and economic conditions
• Impact of foreign currency on financial results
• Disruption or failure of technology systems
• Security breach and data privacy
• Protecting intellectual property

Mitigation Strategies

• Significant investment in workforce and systems
• Three-phased integration framework
• Continuous monitoring of regulatory requirements
• Relentless investment in product development and acquisitions
• Open access platform, innovation, and low customer attrition
• Integrated logistics execution solution
• Hedging currency risks
• Separate data centers, global support, business continuity framework
• Layered approach to data protection, ISO 27001 compliance
• Active program of monitoring and registering intellectual property

Supply Chain Management

Responsible Procurement

• Social enterprise procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB Software and IT services Sector Standard

Certifications: ISO 27001

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• CargoWise platform (reduces emissions through efficiency)

Environmental Metrics

ESG Focus Areas

• Education
• People and culture
• Net zero carbon

Environmental Achievements

• Offset 100% of Scope 1 and 2 market-based emissions from global operations

Social Achievements

• Expanded Earn & Learn program to 78 participants (31% women)
• Increased employee training hours to over 57,000 (more than double FY23)
• Reduced employee turnover to 7.5% (below industry average)

Governance Achievements

• Increased female representation on the Board to 43%
• Completed independent Board performance review

Climate Goals & Targets

Environmental Challenges

• Attracting and retaining key personnel, especially software engineers
• Integrating acquired businesses
• Navigating regulatory and compliance complexities
• Competition in the logistics software industry
• Retaining existing and attracting new customers
• Impact of foreign currency exchange rates
• Disruption or failure of technology systems
• Security breaches and data privacy
• Protecting intellectual property
• Decline in trade volumes and economic conditions

Mitigation Strategies

• Significant investment in workforce and knowledge management systems
• Three-phased integration framework
• Continuous monitoring of regulatory requirements and ethical standards
• Deeply integrated CargoWise platform and continued investment in R&D
• Innovation and addition of modules and functionality to CargoWise
• Foreign exchange contracts to hedge currency risks
• Multiple data centers, global support centers, business continuity management framework
• Layered approach to data protection, penetration testing, ISO 27001 compliance
• Active program of monitoring and registering patents and intellectual property
• Resilient business model and focus on efficiency gains for customers

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB Software and IT services Sector Standard

Certifications: ISO 45001 (in progress)

Third-party Assurance: KPMG

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 13 (Climate Action)

Details available on WiseTech website

Sustainable Products & Innovation

• CargoWise Next (includes GHG Emissions calculator)

Awards & Recognition

• 2024 Global Equity Organization award for Best Plan Effectiveness