Freightways Group Limited and its subsidiaries

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-24🗂️ Report periods on file: 2023-24, 2022-2023, 2021, 2019

In its 2023-24 reporting, Freightways Group Limited and its subsidiaries disclosed greenhouse gas emissions of 83.5K tCO2e/year. By scope: Scope 1: 11.7K tCO2e/year; Scope 2: 3.5K tCO2e/year; Scope 3: 68.3K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
83.5K tCO2e/year
2023-24

📊 Emissions by Scope (2023-24)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).11.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).68.3K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-2483.5K tCO2e/year
202150.6K tCO2e (FY20)
201990.83 tCO2e per million dollars of revenue

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • 30% reduced GHG emissions by 2030
  • 50% reduction in absolute GHG emissions by 2035

🔭 Long-term

  • 50% reduction in Scope 1, 2 and 3 emissions by 2035

🌱 ESG Focus Areas

Climate changeHealth and safetyDecent work and economic growthIndustry, innovation and infrastructurePeace, justice and strong institutions

⚠️ Challenges & Risks +

  • Slowdown from Government on legislative/directional support for alternative fuels
  • Lack of significant technology improvements for EVs or hydrogen transportation in New Zealand
  • Government's EV rebate scheme insufficient to cover the cost of needed vehicles
  • Reluctance for scaled first-mover investment in alternative fuels

📋 Report Information

Reporting Period: 2023-24
Frameworks: TCFD, ISO 14064-1:2018, NZ Climate Standards