Environment
During the year we engaged an external consultancy to summarise the carbon emissions from our Sydney, Melbourne, Brisbane, Perth and Adelaide offices. These emissions were calculated based on employee flights and electricity consumption at all offices, together with paper and water consumption at the Sydney office.
Greenhouse Gas Proportions
The guiding premises for quantifying and reporting on carbon emissions were based on the
‘Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard’ published by the World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD).
*Scope 1 – Direct GHG emissions: these occur from sources owned or controlled by the company, such as emissions from boilers, furnaces, vehicles, or chemical production.
**Scope 2 – Indirect emissions: derived from the generation of purchased electricity consumed by the company.
***Scope 3 – Other Indirect emissions: are a consequence of the activities of the company, but occur from sources not owned or controlled by the company.
Total electricity consumed was 2,142 megawatts or CO2e (carbon dioxide equivalent) of 2,287 tonnes. Total water was 9,360 kilolitres or CO2e of 3.6 tonnes. Total flights were 4,265,986 kilometres or CO2e of 544 tonnes. Total paper was 7,800 reams or CO2e of 55 tonnes.
Overall, the total CO2e emissions for the 2007/2008 financial year were estimated to be 2,889 tonnes.
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