Environment

Our environment plays a vital role in our collective wellbeing—and, in climate change, we face an increasingly important and complex challenge.

As an organisation, we acknowledge the risk climate change presents to Australians, and we're intent on reducing our environmental impact across our business activities.

Why? We’ve been here for more than 185 years, and we want to be here for many more.

Our commitments

We’re committed to a sustainable future that supports the Real Wellbeing of all Australians.

Calculating our emissions estimates

In FY2025 we progressed work to reduce our environmental impact. This included moving from ‘assurance readiness’ to ‘limited assurance’ over our scope 1 and 2 emissions inventory. We also sought ‘assurance readiness’ over our scope 3 emissions to help identify gaps early, reduce the risk of qualified opinions in future reporting periods, and support a smoother transition to mandatory reporting and assurance.

Read our FY2025 GHG Inventory Report

Preparing for future reporting requirements

We continue to prepare for the Australian Government’s Australian Sustainability Reporting Standards (ASRS) framework which applies to the Group for the first time in the FY2026 reporting period. Our preparation includes calculating our estimated emissions, preparing for external assurance over our emissions estimates, continuing our Environmental, Social and Governance (ESG) Forum (central body for overseeing sustainability initiatives) and evaluating climate-related risks and opportunities across our business.

Our impact

Prioritising responsible investment

We’ve established a set of principles for responsible investing, reflecting the growing demand for investments that deliver strong returns and have a positive impact on our community.

These principles integrate an ESG framework into the investment decision-making process; support the development of a net zero transition plan; and align our financial reporting with the recommendations outlined by the Task Force on Climate-related Financial Disclosures. We’re currently implementing these principles across several of our product offerings.

Read more about our approach to responsible investment by our investment specialists, Platypus Asset Management.

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