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CLIMATE CHANGE AND OUR CARBON FOOTPRINT

Climate change is starting to affect all businesses, and Sealord is committed to playing its part. Our climate change response is grouped into two categories – mitigation and adaptation.

1. Mitigation – measuring and setting targets to reduce greenhouse gas emissions and our carbon footprint through changing our operational approach.

2. Adaptation – understanding and responding to climate risk by developing plans to adapt to extreme weather and rising sea temperatures.

Sealord is committed to disclosing our progress toward reducing our carbon footprint and is a member of the Aotearoa Circle and Nelson Businesses for Climate Action groups.

Reducing our carbon footprint

Sealord measures its carbon footprint to better understand our effect on the environment. Most of our footprint (approximately 79 per cent) comes from the fuel that powers our vessels. We have several initiatives in place to reduce this footprint; these align with international science-based carbon reduction targets (the Paris Agreement).

Our focus is on our New Zealand operations because they contribute to the largest proportion of our footprint. We also look at our Australian footprint (most of which is caused by electricity consumption) and our suppliers’ footprints (mostly caused by freight). In two years we have reduced our total carbon footprint by 7.3 per cent. In New Zealand alone, we reduced the footprint by more than 10,000 tonnes – the equivalent of removing 2,000 vehicles from our roads.

What are CO2e units?

A CO2e unit is the standard international measure for greenhouse gases. A CO2e unit bundles the different greenhouse gases into one common unit (carbon dioxide, or CO2).

The other gases, such as methane, are measured in terms of their equivalent CO2 global warming effect and included in the CO2e bundle. This provides a complete measure of greenhouse gas emissions than if we measured CO2 alone.

Total reduction: 8,735 tonnes (7.3 per cent). 2019 serves as a baseline year.

CARBON FOOTPRINT

In 2020, Sealord undertook to measure our carbon footprint as part of the sustainability policy. This is to understand our impact on the environment better and develop programs to reduce this over time in line with our commitment to address Climate Change. 

In the "baseline" year ending September 30, 2019, Sealord NZ's carbon footprint was 113,973 tonnes CO2e (Scope 1 94,016t CO2e, scope 2 1,137t CO2e, Scope 3 18,819 tCO2e). Just over 79% of Sealord NZ's carbon footprint is driven by vessel fuel.  In addition, Sealord has 5,933 of Scope 2 and 3 emissions in our Australian operations with a total Group carbon footprint of 120,090t CO2e.

Several initiatives are now in place to reduce Sealord’s carbon footprint over time in line with science-based targets aligned with the Paris Agreement to reduce carbon emissions. Our focus is to work on reducing our own Scope 1 and 2 emissions within NZ while working with our suppliers to reduce Scope 3 emissions (freight represents 11% of total emissions and 68% of Scope 3) 

In the year ending September 30, 2021, Sealord NZ achieved a reduction of 4.7% of Scope 1 and 2 emissions to 86,587 tCO2e. Out total footprint was 102,757t CO2e. Since our baseline year, Sealord have removed just over 10,000t CO2e from our New Zealand operations in line with the international science-based targets.

Sealord's total group emissions in 2021 were 115,149t CO2e, a reduction of 4.2%.

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