Acknowledging the need for collective action on climate change
Our science-based target guides our emissions-reduction efforts and reflects our commitment to meaningful climate action. This section tracks our progress in FY25 and shares the data that underpins our environmental impact.
Our action on climate
We have a near-term, science-based target to reduce our firmwide greenhouse gas (GHG) emissions by 50% by FY30 from an FY19 baseline.
In FY25, our aggregate gross Scope 1, 2 and 3 emissions were 16.49% lower than our FY19 baseline and 47.63% higher than FY24.
Business travel is one of our most significant sources of emissions, so it remains a key focus. In FY25, emissions from business travel were 37.04% lower than in FY24.
A significant proportion of FY25 emissions came from the refurbishment of our Melbourne office, an emissions-intensive activity. Most of the refurbishment works were completed during FY25, and we approached the project with sustainability in mind, implementing measures to minimise environmental impacts. Looking ahead, we will relocate our Sydney office in FY26. While we will again have sustainability in mind, it is expected the relocation will have a similar effect on our emissions profile.
Our total reported emissions in FY25 were 9350.14 tCO2-e, with the majority from scope 3 activities. A detailed inventory is below.
Progress towards our science-based target
We align our GHG emissions reporting with the Greenhouse Gas Protocol Corporate Standard, applying the operational control approach to define our organisational boundary. Scope 1, 2 and 3 emissions are primarily calculated using actual activity and spend data, supplemented by estimates and modelling where necessary.
Purchased goods and services include paper, stationery, furniture, cleaning services, telecommunications, office equipment, food and catering, and office fit-out services. Other goods and services, including professional services, are excluded.
Employee commuting emissions include estimated working-from-home impacts, while business travel emissions encompass air travel, accommodation, hire cars, taxis, rideshare and personal mileage. Downstream transportation and distribution emissions include couriers and postage.
Scope 3 categories not relevant to our business are upstream transportation and distribution, processing of sold products, use of sold products, end-of-life treatment of sold products, downstream leased assets, and franchises and investments.
Environmental initiatives
In FY25, we sourced the equivalent of 98.7% of our operational electricity through a combination of GreenPower accredited energy in Australia and the purchase and retirement of 70 MWh of I-REC Certificates via the Evident Registry to cover electricity consumption in our Vietnam offices.
From old to new: a circular approach to design
This year, we completed a refit of our Melbourne offices. We will also relocate our Sydney office in FY26. Sustainability has been an important consideration in both projects.
In Melbourne, we made the decision to reuse materials where possible, including refurbishing tables and chairs and reusing battens from the old office doors as a ceiling feature in our new kitchen areas. Our builder, Shape, committed to recycling as much material from our old office as possible and was able to divert from landfill 92.6% of the total waste from the project.
- Foundation signatory to the United Nations Global Compact
- Member of the Australian Legal Sector Alliance
- Member of the Australian Sustainable Finance Institute
- Member of the Carbon Market Institute
- Member of the United Nations Global Compact Network Australia