Sustainability

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Our Sustainability Commitment

Operating sustainably is integral to ElectraNet’s role in the transition to a clean energy future. As a transmission network service provider, sustainability for ElectraNet means we are committed to developing, operating and maintaining our network in a way that creates opportunities for people and nature to thrive.

With guidance from internationally recognised frameworks, ElectraNet is committed to setting targets, monitoring and reporting our Environmental, Social and Governance (ESG) sustainability performance, and improving the resilience of the business to climate and other ESG-related risks tailored to the nature and objectives of the business.

Focus Areas

  • Renewable Energy Transition
  • Greenhouse Gas Emissions
  • Biodiversity and Habitat
  • Health and Safety
  • Diversity and Inclusion
  • Human Rights
  • Reconciliation and Engagement with Traditional Owners
  • Engagement with Landholders and Communities
  • Governance, Compliance and Ethical Conduct
  • Cyber and Physical Security
  • Understanding and Managing Climate Risk

Environmental Initiatives

Energy Transition

  • Enabling the renewable energy transition through our major transmission projects and supporting our clean energy-focused customers

 

Emissions Reduction

  • Committed to a target of Net Zero Scope 1 emissions by 2040 with a Scope 1 Emissions Reduction Plan, based on:
    • Repairing and replacing SF6 equipment, where possible
    • Upgrading our vehicle fleet to lower emissions
    • Utilising reputable and validated carbon offsets only as required

 

Natural Habitat Maintenance

  • Protecting biodiversity during project delivery and maintenance

 

Waste Management

  • Managing waste in occupied sites and increasing staff awareness of recycling practices

 

Environmental Group Partnership

  • Partnering with Carbon Neutral Adelaide to support the City of Adelaide becoming a carbon-neutral city
  • Sponsoring Trees for Life, BioR, Nature Play SA and Adelaide Zoo on various environmental protection activities

Health and Safety

  • Committed to the safety and wellbeing of all employees, contractors and the communities we work with
  • The Work, Health, Safety and Environment Committee (WHSE) is in place to support the delivery, development and review of WHS practices
  • Total Recordable Injury Frequency Rate (TRIFR) used as a key metric for assessing our safety performance and identifying areas for improvement in our safety programs
  • ElectraNet also uses its own Proactive Index for Safety Management (PRISM), which is a composite measure, with 1.00 as the highest possible score, that considers performance across several proactive safety management actions:
  • Reporting Near Miss Incidents
  • Controlling Hazards
  • Safety Audits and Inspections
ElectraNet Safety Metrics Target 2023 Results
Total Recordable Injury Frequency Rate (TRIFR) 0 ppm 1.37 ppm
ElectraNet Proactive Index for Safety Management (PRISM) 0.90 0.91

 

 

Reconciliation Action Plan (RAP)

  • Delivering ElectraNet’s
  • Hosting cultural and legislative awareness sessions and organising events in Reconciliation Week and NAIDOC Week
  • ElectraNet’s commitment to a diverse and inclusive workplace will be enhanced by increased awareness and understanding of reconciliation, contributing to a work environment that is welcoming and safe for Aboriginal and Torres Strait Islander employees, suppliers, contractors and visitors.

 

Human Rights

  • Implementing a Human Rights Directive that addresses Modern Slavery and related supply chain matters, including labour and community rights.
  • Publishing an annual Modern Slavery Statement under the Modern Slavery Act 2018 (Cth).

 

Diversity and Inclusion (D&I)

  • Creating a diverse and inclusive culture with representation from a range of age groups, genders, and cultures. In 2024, ElectraNet has over 30 different nationalities in our business.
  • Building on ElectraNet’s existing approach by developing a Diversity & Inclusion Policy and Strategy with new initiatives and monitoring.
  • Implementing Project emPower: A network to inspire, develop, advance and connect women and others.
  • CEO joined the Champions of Change Coalition Energy Group to drive industry-wide change towards a more gender-equal and inclusive future. Click to read the Champions of Change Coalition 2023 Impact Report.
  • Sponsored staff members to participate in the Women Rising Program and Male Allies Program to support women in developing and thriving in the workplace.

 

Social Responsibility

  • Supporting Country Fire Service, FoodBank and Catherine House

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Real Estate Sustainability Benchmarking (GRESB) Assessment

  • Continuous improvement in with a target score of 90+

 

Audit & Assurance

  • Internal audit of ElectraNet’s Scope 1 and 2 Greenhouse Gas Emissions reporting undertaken by an independent third-party auditor.
  • ElectraNet’s management system is certified in safety and environment in line with ISO 45001 and ISO 14001 standards

 

Reporting

  • Annual reporting to the Commonwealth Government Clean Energy Regulator under the National Greenhouse and Energy Reporting (NGER) scheme
  • Participating in the Australian Sustainability Reporting Standards (ASRS) issued by the Australian Accounting Standards Board (AASB)
  • Reporting D&I metrics via the Workplace Gender Equality Agency (WGEA) report
  • Reporting to the Board and shareholders on ESG performance