Contact Energy Ltd 2018 AR2
The report outlines Contact Energy's financial and sustainability performance for the fiscal year 2018. Key highlights include committing to the Science Based Targets initiative (SBTi) to set emissions reduction targets and joining the Climate Leaders Coalition. The company achieved 80% of its electricity generation from renewable sources, despite dry conditions affecting hydro inflows. Contact Energy also reduced its operating costs by $20 million and stay-in-business capital expenditure by $33 million. Additionally, the company improved its employee engagement score to 77% and maintained equal gender representation on its Board of Directors.
Company: Contact Energy Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2018
Type: AR2
Pages: 75
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Contact Energy Ltd
Annual Report
The report outlines Contact Energy's financial and sustainability performance for the fiscal year 2018. Key highlights include committing to the Science Based Targets initiative (SBTi) to set emissions reduction targets and joining the Climate Leaders Coalition. The company achieved 80% of its electricity generation from renewable sources, despite dry conditions affecting hydro inflows. Contact Energy also reduced its operating costs by $20 million and stay-in-business capital expenditure by $33 million. Additionally, the company improved its employee engagement score to 77% and maintained equal gender representation on its Board of Directors.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Published
Aug 13, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees