Z Energy Sustainability Profile
Z Energy, a prominent player in New Zealand's energy sector, is headquartered in Wellington, NZ. Founded in 1996, the company has established itself as a leading fuel supplier, primarily serving the transport and commercial sectors across the country. Z Energy operates a vast network of service stations and is known for its commitment to sustainability and innovation in fuel technology. The company offers a range of products, including petrol, diesel, and biofuels, distinguished by their high quality and environmental considerations. Z Energy has achieved significant milestones, including the introduction of its Z Biofuel, which reflects its dedication to reducing carbon emissions. With a strong market position, Z Energy continues to be recognised for its customer-centric approach and contributions to New Zealand's energy landscape.
DitchCarbon Score
How does Z Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Z Energy's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Z Energy's reported carbon emissions
In 2023, Z Energy reported total carbon emissions of approximately 12,939,960,000 kg CO2e. This figure includes Scope 1 emissions of about 315,000 kg CO2e, Scope 2 emissions of approximately 2,417,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 12,937,231,000 kg CO2e. The Scope 3 emissions breakdown reveals major sources, including the use of sold products (approximately 11,147,010,000 kg CO2e) and purchased goods and services (about 1,411,034,000 kg CO2e). Z Energy has set ambitious reduction targets, aiming for a 30% decrease in both Scope 1 and Scope 2 emissions by 2030, using a 2020 baseline. Additionally, the company is committed to achieving net-zero emissions for Scope 1 and Scope 2 by 2050. These commitments reflect Z Energy's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data is cascaded from Z Energy Limited, which is a current subsidiary of Ampol Limited, indicating a corporate family relationship that influences its climate strategy and reporting.
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| 2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 26,307,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Z Energy's Industry?
How Carbon Intensive is Z Energy's Location?
Z Energy's Scope 3 Categories Breakdown
Z Energy's Scope 3 emissions, which increased by 14% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Z Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Z Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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