Vocus Group Limited

Vocus Group Limited's reported carbon emissions

Vocus Group Limited, operating in the post and telecommunication services industry in Australia, has reported its carbon emissions for the fiscal years 2020 through 2024. For the fiscal year 2024, Vocus Group reported total emissions of approximately 24.9 million kg CO2e, comprising approximately 1.13 million kg CO2e of Scope 1 emissions and approximately 23.8 million kg CO2e of Scope 2 emissions (market-based). Scope 3 emissions for business travel were approximately 1.04 million kg CO2e. In FY2023, the company's total emissions were approximately 28.4 million kg CO2e. This included approximately 977,000 kg CO2e of Scope 1 emissions and approximately 27.4 million kg CO2e of Scope 2 emissions (market-based). Business travel accounted for approximately 1.06 million kg CO2e of Scope 3 emissions. Looking back, in FY2022, total emissions were approximately 38.4 million kg CO2e, with Scope 1 emissions at approximately 994,000 kg CO2e and Scope 2 emissions at approximately 37.4 million kg CO2e. Scope 3 business travel emissions were approximately 360,000 kg CO2e. In FY2021, total emissions were approximately 40.97 million kg CO2e, with Scope 1 at approximately 1.29 million kg CO2e and Scope 2 at approximately 39.7 million kg CO2e. Scope 3 business travel was around 123,000 kg CO2e. For FY2020, total emissions were approximately 37.55 million kg CO2e, including approximately 1.21 million kg CO2e of Scope 1 and approximately 36.35 million kg CO2e of Scope 2 emissions. Scope 3 business travel was approximately 1.49 million kg CO2e. Vocus Group is committed to achieving net zero emissions across its operations (Scopes 1 and 2) by the end of the calendar year 2025. The company has been actively working to reduce its underlying Scope 2 emissions by consolidating its data centre footprint and implementing energy efficiency measures. Notably, Vocus reported an 18.3% reduction in emissions within its data centres during FY23-24, surpassing its target of a 15% reduction from an FY19 baseline for this area. Overall, by the end of FY24, the company had reduced its combined Scope 1 and 2 emissions by 38.7% from an FY19 baseline. Earlier initiatives also included transitioning to more fuel-efficient vehicles, reducing air travel, and consolidating office and data centre locations. Vocus also has a target to quantify its Scope 3 impacts and set Science Based Target Initiative (SBTi) aligned reduction targets by FY25.