Oceania Healthcare Limited and its subsidiaries

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022, 2020

In its 2023-04 to 2024-03 reporting, Oceania Healthcare Limited and its subsidiaries disclosed greenhouse gas emissions of 59.9K tCO2e/year (location-based). By scope: Scope 1: 2.4K tCO2e/year; Scope 2: 1.2K tCO2e/year; Scope 3: 56.3K 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
59.9K tCO2e/year (location-based)
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).56.3K 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
2023-04 to 2024-0359.9K tCO2e/year (location-based)

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

  • Reduce absolute Scopes 1 and 2 GHG emissions by 42% by FY2030 from a FY2022 base year.
  • Achieve 80% construction waste away from landfill diversion rate for Auckland and a 60% construction waste away from landfill diversion rate for regional areas by FY2027.

📅 Medium-term

  • 72.5% of Oceania’s suppliers by spend will have science-based targets by FY2027.

🔭 Long-term

  • All new independent living developments are being designed to NZGBC Homestar 7 (version 5).

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Auckland floods and Cyclone Gabrielle impacted operations and required significant resource reallocation.
  • Significant weather-related events contributed to caps on insurance cover, increased premiums, and policy excesses.
  • Increased emissions from construction activity (scope 3, category 2) and purchased goods and services (scope 3, category 1) in FY2024.
  • Potential for stranded assets due to rapidly changing technologies or regulatory requirements.
  • Exposure of assets to physical climate hazards such as coastal inundation, coastal erosion, and river/surface flooding.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: NZCS 1, 2, and 3
Assurance: Ernst & Young