Acknowledging the need for collective action to mitigate climate change
We employ a number of measures to reduce the contribution of our operations to climate change. Our primary focus is on reducing our greenhouse gas (GHG) emissions in line with our science-based target (SBT).
Here we provide some insights into how we are tracking against our SBT, and when and how we undertake additional activity to reduce our environmental impacts.
Our action on climate
We have a long-held commitment to reducing our impacts on the environment. In August 2022, we took a significant step forward in our ongoing efforts by setting a SBT to reduce our firmwide GHG emissions by 50% by FY30 from a FY19 baseline. This target covers our operations in Australia, Vietnam and Papua New Guinea. It has been validated by the Science Based Targets initiative.
We provide here a high level overview of our emissions in FY24 relative to FY23 and the base year of FY19.*
In FY24, our aggregate gross Scope 1, 2 and 3 emissions were 41% lower than they were in FY19. In FY23, we achieved a more significant reduction compared to FY19, however much of this decrease was influenced by reduced travel as a result of COVID-19. As business travel returned to more typical levels in FY24, we have seen an increase in emissions. We remain committed to working to achieve our SBT.
Between December 2014 and June 2024, we also measured GHG emissions for our Australian operations in line with the Climate Active Carbon Neutral Standard for Organisations. Our historical data can be viewed in our Climate Active Public Disclosure Statements.
Our environmental policy sets out our commitment to minimising our impact. Learn more about our approach.
*We use a market-based approach to calculate electricity emissions.
Progress towards our science-based target
- Foundation signatory to the United Nations Global Compact
- Member of the Australian Legal Sector Alliance
- Member of the Australian Sustainable Finance Institute
- Member of the Carbon Market Institute