Contact Energy Ltd. 2024 IR
The report details Contact Energy's progress in leading the decarbonisation of New Zealand through its Contact26 strategy. Key achievements include nearing the completion of a $1.2 billion investment in geothermal power stations at Tauhara and Te Huka 3, and committing to new solar and battery projects. Despite a drier hydrological year increasing reliance on thermal generation, the company remains on track to achieve net zero emissions from its generation activities by 2035. Additionally, Contact secured a long-term flexible demand agreement with New Zealand Aluminium Smelter to support grid resilience.
Company: Contact Energy Ltd.
Sector: Energy utilities
Country: New Zealand
Year: 2024
Type: IR
Pages: 134
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Contact Energy Ltd.
Integrated Report
The report details Contact Energy's progress in leading the decarbonisation of New Zealand through its Contact26 strategy. Key achievements include nearing the completion of a $1.2 billion investment in geothermal power stations at Tauhara and Te Huka 3, and committing to new solar and battery projects. Despite a drier hydrological year increasing reliance on thermal generation, the company remains on track to achieve net zero emissions from its generation activities by 2035. Additionally, Contact secured a long-term flexible demand agreement with New Zealand Aluminium Smelter to support grid resilience.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Integrated Report
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
Women on Board
Women in Management
Net Zero Target
Employees