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Let us show you howAs a technology-enabled transport network, Netlogix connects transport companies and their trucks into a single network to move freight for customers across the country.
Therefore, Scope 3 emissions relate primarily to freight moved by contracted transport companies on behalf of Netlogix customers. These are measured and monitored by customer, by transport company, by origin region and by delivery region.
In doing so, Netlogix is committed to reducing carbon emissions per freight unit, per kilometre travelled.
Netlogix is also committed to reducing the overall emissions of our business – primarily our Scope 1 and 2 emissions.
Our Scope 1 and 2 emissions are from fuel and electricity consumption. Our reduction target for year-ended 31 March 2024 was a further 4.2% reduction of last year’s NZ Scope 1 and 2 emission. This brings our total targeted reduction on our base year assessment in FY2020 to 28.2%.
In the four years to FY2023-2024, we have a achieved cumulative emissions reduction of 60.90% for New Zealand's scope 1 and 2 emissions compared to our baseline assessment in FY2020
Our focus is on bringing our business model to a wider audience as it inherently moves more freight with less trucks, optimizing loads and reducing wasted empty kilometres. Alongside this we continue to minimize and reduce our Scope 1 and 2 where possible.
The table below outlines our NZ greenhouse gas emissions inventory for years ended 31 March 2024, 2023, 2022, 2021, and 2020.
From FY2023, we have started measuring our Australian Entity emissions, and therefore we are now presenting group numbers (100% owned entities). It is important to note whilst we focus on optimisation, the business is growing and total emissions reductions reflect the net effect. The table below outlines our Group Total Emissions.
Our commitment to reducing NZ emissions is unwavering. In line with the Paris Agreement treaty on climate change, we aim to achieve a yearly reduction rate of 4.2% for FY2024-FY2030 using science-based targets.
Netlogix continues to invest in technology, resources, and initiatives to mitigate and eliminate wasted emissions from our resources. Despite Scope 1 and 2’s relatively small impact in our overall emissions, we have continued to strive for improvement and in the last 3 financial years we have saved an estimated total of 30,022 tonnes of CO2 from entering our atmosphere.
This emission savings equates to:
