Computershare Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:145,239.5 tCO2e (2020 baseline)
Scope 1 Emissions:3,374.9 tCO2e (2020)
Scope 2 Emissions:15,895.6 tCO2e (2020)
Scope 3 Emissions:125,969.0 tCO2e (2020)
Renewable Energy Share:100% of electricity consumed in 2021 (via RECs)
ESG Focus Areas
- Climate change
- Diversity and Inclusion
- Governance
- Community Impact
- Employee Wellbeing
Environmental Achievements
- Achieved carbon neutrality in 2020
- Purchased Renewable Energy Certificates (RECs) to account for 100% of electricity consumed in 2021
- Developed digitised products and services to help clients achieve their sustainability objectives
- Launched a new Virtual Annual General Meeting (AGM) product, enabling significant carbon savings
Social Achievements
- Launched first multi-year Diversity and Inclusion (D&I) strategy in FY19
- Joined the 30% Club and exceeded the target for women on the Computershare Board
- Created seven Employee Resource Groups (ERGs)
- Introduced paid parental leave program to all US regular full-time employees as of January 1, 2023
- Donated AU$140,000 to the Red Cross in support of their Ukrainian refugee program
- Partnered with Year Up, a US-based workforce development organization
Governance Achievements
- Established a Net Zero Steering Committee and working groups
- Embedded ESG metrics into senior employees' annual targets
- Incorporated ESG risk within the Enterprise Risk Management (ERM) framework
- Aligned with UN Sustainable Development Goals (SDGs), CDP, TCFD, and SASB
- Linked 5% of CEO and CFO's objectives to ESG-related targets from FY22
Climate Goals & Targets
Long-term Goals:
- Net Zero emissions by 2042
Medium-term Goals:
- Achieve Net Zero status by 2042
Short-term Goals:
- Complete ESG materiality assessment
- Finalize ESG strategy for Board endorsement
- Finalize application to UN Global Compact
- Obtain external assurance of GHG data and other ESG metrics
Environmental Challenges
- Scope 3 emissions associated with supply chain activities
- Need to improve CDP score from C grade
- Employee engagement index 11 points below global benchmark
- Data gaps in racial/ethnic representation reporting
Mitigation Strategies
- Developing a Net Zero plan with near-term targets aligned with SBTi
- Developing and implementing a Supplier Code of Conduct with carbon footprint criteria
- Working with top 20% of suppliers to obtain their carbon footprint data
- Implementing a digital-first strategy to reduce paper use
- Reviewing travel policies to manage travel impact
- Updating reporting systems to improve racial/ethnic representation reporting
- Implementing actions identified from Employee Opinion Survey
Supply Chain Management
Responsible Procurement
- Developing a Supplier Code of Conduct
Climate-Related Risks & Opportunities
Opportunities
- Digitization of product offerings
Reporting Standards
Frameworks Used: UN Sustainable Development Goals (SDGs), CDP, TCFD, SASB
Sustainable Products & Innovation
- Sustainable communication solutions
- Virtual AGM product