Sustainability reporting

We believe it’s essential to focus on sustainability to support a brighter future. Our business must provide the best possible balance of economic, social and environmental considerations to generate sustainable long-term benefits for customers and communities.

Our annual sustainability reports are prepared in reference to the Global Reporting Initiative.

Being a signatory to The Energy Charter reinforces our commitment to provide electricity safely, sustainably and reliably.

We’re committed to assessing the environmental, social and governance impacts of our operations and their influence on key stakeholders, and for the past six years we have participated in the Global Real Estate Sustainability Benchmarking (GRESB) Infrastructure Asset Assessment, attaining a top, five-star rating for the last five consecutive years.

In the 2024 and 2025 GRESB Assessment, we achieved a five-star rating and scored 98 out of 100 for our environmental, social and governance performance. By using this international benchmark, we can deliver a more sustainable business and continuously test our performance against utilities across the world.

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We’ve made sustainability central to how we do business

A brighter future is a sustainable future, which is why sustainability is core to our corporate strategy of evolving to distributed smarter energy solutions and accelerating the decarbonisation of the energy sector.

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Accountability through sustainability-linked loans

We are proud to be the first known electricity distribution network, to access sustainability-linked financing in Australia. Since 2022, we have linked our loan financing to sustainability targets, reinforcing our commitment to driving enhanced sustainability performance and outcomes. 

The $3 billion pricing is tied to achieving agreed sustainability performance targets, focused on four areas, including greenhouse gas emissions reduction, landfill waste diversion, net habitat gain and mental health and wellbeing.

We have since issued an additional $1 billion in sustainable loans targeting the Asian market.

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Enhanced decision-making for sustainability

Sustainability is now embedded into our business functions and processes, starting with the way we govern sustainability across our strategic agenda.

Taking a transparent approach, our sustainability strategy including targets, key actions and performance are overseen by our Board, executive leadership team and every person within our business. In addition, we continue to embed sustainability into our financial decision making. To hold ourselves to account and be as transparent as possible to our stakeholders, we have adopted an integrated approach to reporting to measure progress across our targets that are in alignment with our corporate strategy.

In the past few years, we have also enhanced our sustainability data capture, tracking and reporting. With our data and analytics platform, we are aiming to enable real-time decision making by every part of the business.

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Alignment with the UN Sustainable Development Goals (UN SDGs)

As part of our corporate and sustainability strategies, we drive positive change in alignment with the following UN SDGs. We aim to create sustainable value for our people, customers and communities and continue to look for opportunities to align our efforts with the UN SDGs to contribute to creating a brighter, more sustainable future. 

Goals 7 and 9 are directly linked to the strategic direction of our business, as we transition to a modern, two-way grid.

Goal 1: No Poverty

Goal 1: No Poverty

Goal 2: Zero Hunger

Goal 2: Zero Hunger

Goal 7: Affordable and Clean Energy

Goal 7: Affordable and Clean Energy

Goal 8: Decent Work and Economic Growth
Goal 8: Decent Work and Economic Growth
Goal 9: Industry, Innovation and Infrastructure
Goal 9: Industry, Innovation and Infrastructure
Goal 10: Reduced Inequalities
Goal 10: Reduced Inequalities
Goal 11: Sustainable Cities and Communities
Goal 11: Sustainable Cities and Communities
Goal 12: Responsible Consumption and Production
Goal 12: Responsible Consumption and Production
Goal 13: Climate Action
Goal 13: Climate Action
Goal 15: Life On Land
Goal 15: Life On Land

To learn more read out 2024 Sustainability Report.