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As 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 2023 was a further 6% reduction of last year’s NZ Scope 1 and 2 emission (FY2021-2022). This brings our total targeted reduction on our base assessment in FY2020 to 24%.
This FY2022-2023 we have achieved:
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.
Together with CLC/SBC NZ we are committed to meet the revised member protocols being science aligned targets for Scope 1 and 2 emissions and to support the delivery of substantial reductions needed to limit future warming to 1.5 degrees Celsius.
The table below outlines our NZ greenhouse gas emissions inventory for years ended 31 March 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). 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 and CLC NZ Statement of Ambition, we aim to achieve a yearly reduction rate of 4.2% for FY2024-FY2030 using science-based targets.
Having achieved a net 24% reduction of emissions on our 2020 baseline, the minimum target for FY2024 is a further reduction of 4.2%. This sets our minimum target to be a 28.20% reduction on our base year.
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 a total of 271.96 tonnes of CO2 from entering our atmosphere.
This emission savings equates to: