Vocus, Australia’s specialist fibre and network solutions provider, today announced that it has set a target to achieve net zero carbon emissions across its operations in 2025.
“Achieving net zero emissions across our operations in 2025 is an important step in our ambition to enable better possibilities for our people, customers, and society,” said Vocus CEO Kevin Russell.
Vocus has worked with Australian climate risk and energy transition experts Energetics to conduct an assessment of its company-wide scope 1 (direct) and scope 2 (indirect) carbon emissions and map its net zero pathway. This process revealed that Vocus produced just over 45,000 tonnes of CO2 equivalent (tCO2e) in its target baseline year of 2019.
Of this amount, Vocus’ scope 2 emissions – generated from electricity purchased to power its operations – represented 98 per cent of its overall footprint. This electricity was used across:
The remaining 2 per cent (scope 1 direct emissions) were from fuel used across Vocus’ vehicle fleet and network infrastructure, and fugitive emissions associated with refrigerant use within large-scale cooling systems.
To deliver a net zero climate impact by the end of 2025, Vocus will work to remove an equivalent amount of tCO2e emissions from the atmosphere to what it produces across its operations.
To achieve this, Vocus will:
Vocus recognises that its emissions footprint extends beyond its direct operations and is setting further targets to help to manage its impacts right across its value chain (scopes 1, 2 and 3). As first steps towards this goal, the company has commenced a scope 3 screening process to assess and quantify its indirect (scope 3) emissions profile, and is collaborating with its third-party data centre providers to determine the optimal process for managing emissions associated with their facilities.
More information on Vocus’ emissions footprint and trajectory, as well as the planned net zero pathway, will be available in an upcoming FY22 Environmental, Social and Governance (ESG) Report.