Arvida Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023, 2021, 2020-04 to 2021-03

In its 2024 reporting, Arvida Group Limited disclosed greenhouse gas emissions of 5.8K tCO2e. By scope: Scope 1: 3.1K tCO2e; Scope 2: 1.5K tCO2e; Scope 3: 79.0K tCO2e. 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
5.8K tCO2e
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.1K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.5K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).79.0K tCO2e

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
20245.8K tCO2e
20236.6K tCO2e
20214.8K tCO2e (FY21)
2020-04 to 2021-034.8K

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

🔜 Short-term

  • 20% reduction in primary emissions by 2025 on an IFRS revenue intensity basis

📅 Medium-term

  • 50% reduction in primary emissions by 2030 on an IFRS revenue intensity basis

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Severe weather events (Auckland flooding, Cyclone Gabrielle, Port Hills wildfires) causing material damage, business interruption, and staff shortages.
  • Increased capital and operational costs associated with repairs, insurance premiums, and supply chain disruptions.
  • Indirect impact of Cyclone Gabrielle resulting in bed closures and revenue reduction of $1.6m, reduced profitability and a reduction to care asset valuation of $0.9m.
  • Changing legislation resulting in increased compliance costs.
  • Changing market behavior potentially leading to lower demand for services and increased costs to maintain market competitiveness.

📋 Report Information

Reporting Period: 2024
Frameworks: Aotearoa New Zealand Climate Standards (NZ CS 1, NZ CS 2, and NZ CS 3), TCFD (previously)
Assurance: Ernst & Young (limited assurance for Scope 1, 2, and 3 emissions)