In our FY23 Integrated Annual Report, we share our progress against all 23 goals of the Future-Fit Business Benchmark and show how our global sustainability programme is integrated across our business.


thl FY23 Integrated Annual Report

Read about our Responsibility Journey and future-fit progress in our latest report. 

 


 

From FY23 into FY24 we have been incredibly active as an organisation, not only with the strong momentum in the merger between thl and Apollo Tourism & Leisure, but across all aspects of our business.

We’ve opened new locations, launched new fleet and retail products and have been driving forward our sustainability initiatives globally at all our sites, underpinned by our ongoing commitment to the 23 goals of the Future-Fit Business Benchmark.

Our commitment to becoming a ‘future-fit’ business acknowledges the significant and rapid change needed to tackle the complex issues the world is facing, including the climate crisis. Our future-fit mindset and methodology helps us contribute to the aspiration of a socially just, economically inclusive, and environmentally restorative society.

 


 

"We remain committed to a future-fit mindset and methodology. We believe this will support thl's long-term sustainability and resilience in the face of future disruption."

Grant Webster - CEO of thl

 


We’re part of something bigger

At thl, we recognise that we are part of wider, interconnected systems and that all our value creation activities have positive or negative impacts. We take a science-based, ‘future-fit’ approach to address issues and create value for ourselves and the systems in which we operate. We create value through all our business activities, build long-term value through our sustainability programme and protect the value we create through our Enterprise Risk Management framework.

For more information, see pages 13 – 14 of our FY23 Integrated Annual Report.

 


 

Our FY23 Integrated Annual Report

  • Since the completion of our merger between thl and Apollo in November 2022, we have made significant progress on-boarding our new crew onto our global sustainability programmes, including Ignition – our Future-Fit Branch Action Plans. See page 34 for more information.

  • With the merger, our FY23 Report reflects a ‘transition’ year, with reporting on greenhouse gas emissions data for 85% of our merged sites. Read about our Climate & Carbon Strategy on page 35 of our report and see our FY23 carbon footprint data on pages 38-39.

  • Our total transitional footprint as a much larger merged business is 65,472 tCO2e (approx. a 60% increase on FY22). This includes data for merged business units since date of acquisition. This footprint includes an increase in our operational emissions of 73% from FY22 (an increase of 4% from our FY19 baseline year), and also an increase in our customer journey emissions of 58% from FY22 (a decrease of 22% from our FY19 baseline year).

  • Our FY23 report summarises our second year of climate-related disclosures, now aligned with External Reporting Board (XRB) / Te Kāwai Ārahi Pūrongo Mōwaho standard NZ CS 1 as well as TCFD requirements. For our updated climate risks and opportunities, information about our climate scenarios and a full list of disclosures please see here.   

  • In FY22 report we shared our science-aligned target of 50.4% reduction in greenhouse gas emissions by 2032 from a restated FY20 baseline. Given we’re now a much larger, merged business we will be restating our baseline year in FY24 to include full Scope 1,2 and 3 data and will use this to refine our science-aligned target.


 

Disclosures

Climate Disclosures 

Read here

Modern Slavery Statement

Read here

Please send any queries to info@thlsustainability.com or click on the feedback button on this page.