Vector Ltd 2023 Annual Report with Sustainability Disclosures
Company: Vector Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 126
The report describes Vector's 2023 performance across energy, technology and energy-efficiency businesses, highlighting the sale of a 50% interest in Vector Metering for $1.75 billion. It reports a 14.7% reduction in emissions across all scopes from the FY20 base year and a 53.5% emissions-reduction target by 2030, alongside a 2030 net-zero operational-emissions target for Scopes 1 and 2 excluding electricity-distribution losses. The report also highlights the first smart electric bus depot in Auckland and zero off-peak electricity volume charges for residential customers.
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