Downer Edi Limited · ASX:DOW
Downer Edi — Investor Day (April 2022)
102 slides from Downer Edi's investor day presentation, Apr 27, 2022
Slide 1: For personal use only
For personal use only
Slide 2: Agenda
Agenda For personal use only Overview – Growth to net zero Grant Fenn and Michael Ferguson 1 Making our communities better Risk management at Downer Julie Wills Peter Tompkins 8:30-9:45am Downer’s role in decarbonising the economy Ricky Bridge Morning tea Facilities & Asset Services Pat Burke 2 Infr
Slide 3: Grant Fenn, Chief Executive Officer
For personal use only Grant Fenn Chief Executive Officer
Slide 4: Understanding Downer
Understanding Downer For personal use only Our Purpose Our Pillars Our Purpose is to create and sustain the modern environment by building trusted relationships with our customers. Our Promise Our Promise is to work closely with our customers to help them succeed, using world-leading insights and so
Slide 5: Downer today
Downer today For personal use only We are the leading provider of Urban Services in Australia and New Zealand. We are critical to the sustainment and operation of a vast portfolio of government and private infrastructure. We are diversified across capabilities, markets and geographies. Our service d
Slide 6: Unique exposure to critical Urban Services
Unique exposure to critical Urban Services For personal use only Market leader in most categories in both Australia and New Zealand. High market growth expected across the portfolio – weighted average CAGR 7-8%.1 Group Revenue Significant and increasing barriers to entry by segment / sub-segment – m
Slide 7: Scale and capacity in both Australia and New Zealand
Scale and capacity in both Australia and New Zealand For personal use only 25% NZ split of BU revenue AU 20% Australia 7% (75%) % of Group Revenue 15% 4% New Zealand (25%) 10% 2% 16% 13% 1% 1% 5% 10% 1% 9% 2% 7% 6% 5% 5% 5% 4% 2% 0% Road Services Rail & Transit Projects Power & Gas Water Telco Healt
Slide 8: Customer spend to increase well above GDP
Customer spend to increase well above GDP For personal use only ▪ Unprecedented levels of Government Downer’s Urban Services Markets to 2025 investment in construction and sustainment (Australia and New Zealand - $Bn)4 160 ▪ Weighted average sector spend growth of 7-8% CAGR1, 4 140 Facilities ▪ Our
Slide 9: Cash generative and capital light Urban Services business model
Cash generative and capital light Urban Services business model For personal use only Operating cash and capex Historical capex1 ▪ Cash conversion has averaged 88% over 450 the last 10 financial years to FY21 400 (93% excluding FY20) 350 300 ▪ Maintenance capex in-line with depreciation and 250 amor
Slide 10: Capital allocation
Capital allocation For personal use only Target 2-2.5x Net Debt to EBITDA Maintain BBB Fitch rating Strong cash conversion Growth capital and capital light Bolt-on acquisitions projects business model enables value-enhancing capital management Share buybacks Increasing dividends initiatives Sustaina
Slide 11: Driving Business Unit returns
Driving Business Unit returns For personal use only Focus on margin Capacity for growth Defined hurdle rates improvement and within defined risk across the portfolio optimisation appetite post-divestment Increasing shareholder value through a focus on business growth and efficient use of capital to
Slide 12: FY22 Trading update
FY22 For personal use only Trading update Immediate priorities ▪ Demand remains strong across the Business ▪ Earnings and cash performance FY22 Units ▪ Management of COVID-19, supply chain, ▪ Strong contract awards / preferred status workforce availability, contract pricing, cost management ▪ Challe
Slide 13: FY23 and beyond
FY23 and beyond For personal use only Looking through the noise ▪ Weighted average sector spend growth of 7-8% CAGR out to FY25 ▪ We are in the right sectors, at the right time! ▪ Heavily leveraged to the New Energy economy ▪ Expect strong rebound in earnings in FY23. 13
Slide 14: Growth to net zero – Downer's opportunity
Growth to net zero – Downer’s opportunity For personal use only ▪ A net zero emissions future will require massive adjustments to almost all Capabilities across our portfolio in areas urban infrastructure but particularly power generation, power transmission required for the journey to net zero and
Slide 15: Making our communities better
For personal use only Julie Wills Making our communities better
Slide 16: Environmental sustainability
Environmental sustainability For personal use only Downer is committed to the decarbonisation of our absolute Scope 1 and 2 GHG emissions by 45-50 per cent by 2035 from an FY18 base year, and to being net zero by 2050. Six key focus areas to ensure we meet our net zero commitments: Increasing focus
Slide 17: Environmental sustainability
Environmental sustainability For personal use only Emerging trends ▪ International Sustainability Standards Board’s global sustainability reporting framework ▪ EU Taxonomy on financial reporting. Downer’s response ▪ Conducted internal review of Downer’s most material climate-related risks and opport
Slide 18: Social sustainability
Social sustainability For personal use only Supporting our people ▪ Group-wide Inclusion & Belonging Strategy and Action Plan 2022-24 ▪ Own Different campaign ▪ Enhanced and expanded suite of Learning and Development programs - Professional development courses - Soft skills programs - Expanded THRIV
Slide 19: Social sustainability
Social sustainability For personal use only Supporting our communities Mental health Indigenous support Workplace giving 19
Slide 20: Governance
Governance For personal use only Modern slavery Low exposure to modern slavery risk in supply chain, with 96 per cent of FY21 supply chain spend in low risk countries. ▪ Refreshed modern slavery framework ▪ Updated company-wide documentation to enhance modern slavery risk assessment ▪ Established ad
Slide 21: Supporting mental health
Supporting mental health For personal use only Downer prioritises the mental health and wellbeing of our people, their families and our communities. ▪ Inhouse Health team has trained more than 2,000 employees, who are now accredited Mental Health First Aiders ▪ Developed online course during COVID-1
Slide 22: Risk Management at Downer
For personal use only Peter Tompkins Risk Management at Downer
Slide 23: The Downer Standard (TDS)
The Downer Standard (TDS) For personal use only TDS is Downer’s Integrated Management System, which: ▪ Applies across the entire organisation ▪ Provides the policy framework and guides our processes for decision making and governance ▪ Has content owners for all processes and lessons learnt / contin
Slide 24: Delivery Management Methodology framed around the delivery lifecycle
Downer’s Delivery Management Methodology framed around the delivery lifecycle For personal use only ▪ Strategic engagement for key customers to shape opportunities ▪ Job selection is critical Tools that support pipeline management and CRM, project selection ▪ Tenders and Contracts Committee (TCC) an
Slide 25: Downer's role in decarbonising the economy
For personal use only Ricky Bridge Downer’s role in decarbonising the economy
Slide 26: Net zero targets
Net zero targets For personal use only Australia Net zero New Zealand emissions by ▪ 26-28% below 2005 2050 ▪ 50% below 2005 levels levels by 2030 Northern by 2030. Net zero emissions by 2050 ▪ Pledged to achieve Territory 30% emissions reduction below ▪ Net zero emissions by net zero emissions by 2
Slide 27: Australia's emissions by sector
Australia’s emissions by sector For personal use only Power generation 35% Australia emits around 634 million tonnes of greenhouse gases each year. Key Power generation (electricity) sectors: Land-use change and forestry 1% Agriculture Other fuel combustion 2% Aviation and shipping Transport 2% Fugi
Slide 28: New Zealand's emissions by sector
New Zealand’s emissions by sector For personal use only Other fuel combustion Fugitive emissions 2% 1% New Zealand emits around 86 million tonnes of greenhouse gases each year. Aviation and shipping 6% Transport 19% Key Agriculture sectors: Transport Power generation (electricity) Power generation 7
Slide 29: To achieve a 1.5°C pathway by 2050
To achieve a 1.5°C pathway by 2050 For personal use only A rapid decline in GHG emissions is required by 2030 to reach a 1.5°C pathway by 2050 We have eight years to achieve this 29 Source: https://ourworldindata.org/future-emissions
Slide 30: International Energy Agency's 1.5°C pathway by 2050
International Energy Agency’s 1.5°C pathway by 2050 For personal use only 30 Source: IEA 2021, Net Zero by 2050
Slide 31: Australia's long-term emissions reduction plan
Australia’s long-term emissions reduction plan For personal use only Critical pathways to net zero for Australia’s economic sectors Source: Australian Government, 2021 Australia’s Long-Term Emissions Reduction Plan 31
Slide 32: Downer's capability
Downer’s capability For personal use only Program Operations and Program delivery development optimisation Strategy/Advisory PMO Operations and Maintenance Low emissions electricity Coal power generation – maintenance and closures Gas powered generation – operation and maintenance Renewables – wind,
Slide 33: Downer's capability
Downer’s capability For personal use only Program Operations and Program delivery development optimisation Strategy/Advisory PMO Operations and Maintenance Energy efficiency Facilities, buildings, assets Alternate fuels Hydrogen and bio fuels (biodiesel, biogas) Enabling infrastructure (e.g. Hydroge
Slide 34: Facilities & Asset Services
For personal use only Pat Burke Facilities & Asset Services
Slide 35: Business profile
Business profile For personal use only ▪ Largest provider of: Health & Education Government Asset & Development Power & Energy Industrial & Marine Services ̶ Shutdown and turnaround services across Power Generation and ▪ Hospital PPPs ▪ Government ▪ Integrated ▪ Power Generation ▪ Heavy industrial b
Slide 36: National footprint
National footprint For personal use only 14,000+ employees Safety (Actual v Target) operating across every LITFR State and Territory of 0.52 v 0.90 Australia TRIFR 1.66 v 3.50 As at February 2022 Number of employees 0 > 20 21 > 150 151 > 400 401 > 600 601 > 900 901 > 1500 1501 > 36
Slide 37: Market outlook
Market outlook For personal use only Power & Energy FY22 Outsourced Maintenance Market ▪ Energy transition is the primary challenge and opportunity. Percentage of maintenance outsourced Downer’s deep capabilities, combined with our global 80 strategic partnerships, position us for growth 75 ▪ Busine
Slide 38: Market outlook
Market outlook For personal use only Health & Education FY22 Outsourced Maintenance Market ▪ Favourable market outlook underpinned by population Percentage of maintenance outsourced growth and higher community expectations post-COVID. 100 Downer is well positioned for growth and targeted strategic $
Slide 39: Decarbonisation and energy transition
Decarbonisation and energy transition For personal use only Our extensive capabilities, leadership in industry forums and global partnerships position us as the emerging decarbonisation partner of choice. Helping our customers navigate through Transitioning our customers’ assets to new Changing the
Slide 40: Case study: Eraring Power Station
Case study: Eraring Power Station For personal use only Location: Eraring, NSW Overview ▪ Eraring Power Station is Australia’s largest power station, supplying 10.5 per cent of power to the National Electricity Market ▪ Downer was awarded the Consolidated Maintenance Contract (CMC) at Eraring Power
Slide 41: Utility scale solar farm operations and maintenance
Utility scale solar farm operations and maintenance For personal use only In addition to Design, Build and Commission, Downer delivers solar farm Operations and Maintenance Through-Life-Support. ▪ 340MW total (solar) ▪ 1.18M solar panels ▪ Over 1,250 hectares ▪ Six FT local operators at each site (a
Slide 42: Hydrogen update
Hydrogen update For personal use only Strong pipeline underpinned by prime location, our Asian Renewable Energy Hub (23MW). proximity to Asia, support Currently being revised from State and Federal Northern 12GW announced Governments, and Territory in Gladstone hub industry leadership. Queensland We
Slide 43: Strategic partnerships provide a competitive advantage
Strategic partnerships provide a competitive advantage For personal use only Turbines, generators, Electrolysis Fuel cells and batteries Storage and distribution Energy partners synchronous condensers and carbon capture Late stage systems negotiations with potential energy partners Internal collabor
Slide 44: Royal Adelaide Hospital – what we do
Royal Adelaide Hospital – what we do For personal use only Manage fleet of 25 automated 110 theatre setups completed Maintenance of building area guided vehicles (AGVs) each day of 216,000 square metres Maintenance and lifecycle AGVs complete 1,150 deliveries 25,000 calls taken by helpdesk managemen
Slide 45: Energy efficient solutions
Energy efficient solutions For personal use only Our Asset & Development Services team continues to focus on key elements of a customer’s asset portfolio through a multi-layered product and services focus to support our customers in delivering sustainable buildings and facilities. Core deliverables
Slide 46: Clean air solution
Clean air solution For personal use only Downer’s initiative revolves around a Clean Air Solution – a true bespoke engineered solution, backed by Downer’s sustainability objectives and more than 100 years of leadership within the HVAC industry. Through a partnership program with our customers, the t
Slide 47: Case study: Melbourne Connect
Case study: Melbourne Connect For personal use only Precinct Digital Twin Stakeholders ▪ University of Melbourne PPP ▪ Built by Lendlease ▪ Operated by Downer. Project scope ▪ $500 million build with over 100,000m2 in gross floor area ▪ Three towers – student accommodation, high-rise and low-rise ▪
Slide 48: Infrastructure Projects
For personal use only Mark Mackay Infrastructure Projects
Slide 49: Business profile
Business profile For personal use only ▪ Infrastructure Projects provides a niche construction Power Transport Engineering offering in the Power and Transport sectors ▪ Rail infrastructure ▪ Engineering Procurement ▪ Transmission lines ▪ Our inhouse Engineering Services and Rail Systems ▪ Rail maint
Slide 50: Ongoing investment creates strong pipeline
Ongoing investment creates strong pipeline For personal use only Sustained investment in Transport and Power infrastructure projects Expected future Known funded projects 1 market size 2 Road $14bn 2023 Forecast annual expenditure ($bn) Energy $18bn Strategic selection criteria “swim lanes” guide ou
Slide 51: No transition without transmission
No transition without transmission For personal use only Significant transmission build-out required to support the renewable energy transition ▪ 45,000km of HV transmission currently in Australia ▪ Additional 10,000km required over 10 years ▪ $20bn transition funding proposed by Federal Labor ▪ Cur
Slide 52: Power infrastructure short term target opportunities
Power infrastructure Short term target opportunities For personal use only Downer’s Infrastructure Projects business is positioned to benefit from unprecedented private sector and government investment in power infrastructure. Select major project recent wins Numurkah Solar Farm 128MWp, Victoria 52
Slide 53: Case study: Renewable generation and storage
Case study: Renewable For personal use only generation and storage Project Chichester Solar Farm in Western Australia – a 60MWp output completed in 2021. Project scope ▪ 60MWp output solar generation facility ▪ 60km transmission line, connecting FMG mines. Key outcomes ▪ Daytime operations at FMG mi
Slide 54: Case study: Battery Energy Storage System
Case study: Battery Energy For personal use only Storage System Project Ballarat Energy Storage System, Ballarat Area Terminal Substation, completed in 2021. Project scope Grid connected 30MWh of energy storage at 30MW Battery Energy Storage System (BESS) Key outcomes ▪ First standalone BESS install
Slide 55: Transport infrastructure
Transport infrastructure Select major project recent wins For personal use only Downer’s Infrastructure Projects business has been fuelled by significant investment in road and rail infrastructure. Ongoing government investment in transport Having built a strong order book, our recent focus has been
Slide 56: Utilities
For personal use only Jim Kafanelis Utilities
Slide 57: Business profile
Business profile For personal use only Revenue Work-in-hand ▪ A balanced portfolio, well-diversified across Water, Power & Gas Power & Gas Telco, Renewable Energy, and Power & Gas 38% 32% - Effectively transitioned away from NBN construction Water Water 38% 49% ▪ Offer unique, innovative solutions d
Slide 58: Vision – The leading Australian Utilities partner
Vision – The leading Australian Utilities partner For personal use only Power systems Substations Solar Commercial solar on facilities and estates Traction substations Engineering Procurement and feeders Transmission and Construction Wind Tower Water Storm, waste, potable water Road network Meter re
Slide 59: Diversification by State and end market
Diversification by State and end market For personal use only Our strategy ensures current sources of secured revenue have been evenly spread across all key Utilities sectors including Telco, Renewable Northern Territory Energy, Water, and Power and Gas. Queensland Western Australia South Australia
Slide 60: Case study: Renewable Energy in Queensland Schools
Case study: Renewable Energy in Queensland Schools For personal use only Project Advancing Clean Energy Schools Customer Queensland Department of Education Contract type ▪ Engineering, Procurement & Construct ▪ Operations & Maintenance, and Measurement & Verification. Project scope ▪ Approximately 6
Slide 61: Case study: Helping our customers in their net zero initiatives
Case study: Helping our customers in their net zero initiatives For personal use only Project Loganholme Wastewater Treatment Plant Customer Logan City Council Contract type ▪ Engineering, Procurement & Construct ▪ Operations & Maintenance. Project scope ▪ 2MW PV Solar Farm. Key outcomes ▪ Part of a
Slide 62: Australia's first Biosolids Gasification Facility
Australia’s first Biosolids Gasification Facility For personal use only Loganholme Gasification – Innovation to commercialisation ▪ Sequestration of carbon approximately 3,350 tonnes of CO2 per annum ▪ Generation of approximately $1.5m in revenue per annum through biochar sales and carbon trading on
Slide 63: Defence
For personal use only Defence Jacob Bonisch
Slide 64: Business profile
Business profile For personal use only Downer is a sovereign, capable and committed partner to Defence. Airfields Estate Development & Base Downer Professional Services (DPS) Base & Estate Management Ports and wharfs Upgrades (EDBU) Strategy IT and communications ▪ Asset management Upgrades and refu
Slide 65: Defence contract awards
Construct four River-class frigates (HMAS Burdekin, HMAS Diamantina, HMAS Awarded first generation outsourcing Shoalhaven and HMAS Murchison) for Awarded contracts for defence estate upkeep and contract for defence estate upkeep and Royal Australian Navy maintenance works (buildings and facilities,
Slide 66: Defence EMOS scope – what we do
Defence EMOS scope – what we do For personal use only 1 million planned and 40,000 reactive Daily housekeeping of 15,000 maintenance FM tasks for 20,000 Land and grounds management of beds. Accommodation reception buildings, including: HV electricity; 35,000 ha. for equivalent of 28 commercial commu
Slide 67: Defence outlook
Defence outlook For personal use only Current Defence operations Where is growth in Defence coming from? Downer Professional Services Estate Development & Base Upgrades Strategic advisor to Defence Increased spend on new military capability Increased Defence personnel on capability acquisition and ▪
Slide 68: Case study: Energy efficient solutions
Case study: Energy efficient solutions For personal use only Project Russell offices complex Contract type Estate management and operations services (‘EMOS’) Details ▪ Russell offices complex in Canberra is effectively the services HQ for Defence ▪ Russell ‘R1’ is a six-storey building used by appro
Slide 69: Road Services
For personal use only Dante Cremasco Road Services
Slide 70: Business profile
Business profile For personal use only Who we are What we do Our promise Australia’s leading supplier of integrated Road network manager Margin capture and sustainable road network and Creating infrastructure solutions Service provider safe, efficient and reliable Australia’s largest non-government
Slide 71: Strategic footprint
Strategic footprint For personal use only Darwin Presence in every State and Asphalt plant Territory DM Roads Depot Cairns Multisite Over the past three years, $135 million Northern Bitumen products plant has been invested in growth initiatives Territory Resource recovery site to expand our competit
Slide 72: Acquisition of Fowlers Asphalting
Acquisition of Fowlers Asphalting For personal use only Location: Gippsland, Victoria Business profile: Multi-disciplinary, integrated business offering asphalt, minor civil construction and capital works, crushing and recycling, line marking and pavement stabilisation services Acquisition profile ▪
Slide 73: Growth outlook
Growth outlook For personal use only Revenue drivers Earnings margin drivers ▪ Growth of sustainable roads market share via ▪ Leveraging our manufacturing investments, R&D differentiation and cost advantage and integrated supply chain ▪ Capture of demand in Western Melbourne and ▪ Increasing RAP Wes
Slide 74: Sustainable roads and moving towards net zero
Sustainable roads and moving towards net zero For personal use only ▪ Resource recovery via Repurpose It and Reconomy ▪ Delivering on sustainability ▪ Investing in sustainable ▪ Sustainable Road outcomes for customers manufacturing, recycling Resource Centres ▪ Differentiating from technology and si
Slide 75: Case study: Downer's Sustainable Road Resource Centres
Case study: Downer’s Sustainable Road Resource Centres For personal use only The only two closed loop sites of their kind in Australia. Locations: Brendale, Qld; and Rosehill, NSW (under construction) Features ▪ Best practice asphalt manufacturing and recycling technology ▪ 100 per cent RAP asphalt
Slide 76: The sustainable road to value creation
The sustainable road to value creation For personal use only ▪ Approximately 12 million tonnes of asphalt laid in the Australian CO2e saved per increase in RAP% 35 market per annum ▪ 30 CO2e saved (tonnes) Local government has traditionally led the market in use of recycled materials. However, this
Slide 77: The Circular Economy
The Circular Economy For personal use only Reconophalt (asphalt mix) Repurpose It ▪ Perpetually recyclable mix that contains high percentage ▪ A leading resource recovery business based in Epping, of RAP, recycled glass, plastics and toner, with quality Victoria equal to 100 per cent virgin asphalt
Slide 78: The long thin black quarry
The long thin black quarry For personal use only 78
Slide 79: Rail & Transit Systems
For personal use only Stephen Kakavas Rail & Transit Systems
Slide 80: Business profile
Business profile For personal use only ▪ Downer provides trusted support to critical passenger train assets across Australia and is the largest national rollingstock maintainer ▪ Unique breadth of capabilities across Downer – no other organisation has all these capabilities in-house: - Rollingstock
Slide 81: Our capabilities and strategic footprint
Our capabilities and strategic footprint For personal use only 4 1 Northern Territory Queensland Western Australia 2 South Australia 5 New South Wales ACT Victoria 3 6 Tasmania 81
Slide 82: Keolis Downer – map of operations
Keolis Downer – map of operations For personal use only 82
Slide 83: Work-in-hand and projected addressable market
Work-in-hand and projected addressable market For personal use only Projected addressable market 1,800 1,600 1,400 1,200 $ million 1,000 800 600 400 200 - 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Work-in-hand Routine unsecured and recurring New lines of business Announced tar
Slide 84: Growth opportunities
Growth opportunities For personal use only Target opportunities – current capabilities New lines of business ▪ Queensland Train Manufacturing Program – new car sets plus options, a Zero Emissions Buses (ZEB) new facility, 15-year maintenance term (option to 35 years) ▪ High Capacity Metro Trains – o
Slide 85: Case study: Energy efficient fleet enhancements
Case study: Energy efficient For personal use only fleet enhancements Detail ▪ The HVAC unit is one of the hardest working components on Sydney Trains’ modern fleets, consuming the most energy of any subsystem ▪ 136 A Sets / B Sets / M Sets 8-car trains on the Sydney network consume ~17,000 MWh per
Slide 86: Onboard energy storage system – High Capacity Metro Trains
Onboard energy storage system – High Capacity Metro Trains For personal use only Downer proposal to augment the existing HCMT Add HCMT image design with on-board energy storage ▪ Materially reduces Electromagnetic Interference risks associated with running proximate to sensitive receivers in the hos
Slide 87: Case study: Zero Emissions Buses
Case study: Zero For personal use only Emissions Buses Project Sydney Bus Region 8 Customer Transport for NSW Project scope ▪ Supply, operation and maintenance of 125 electric buses (replacing diesel buses over the contract life) ▪ Design, construct and installation of charging infrastructure at dep
Slide 88: RTS to capitalise on digital D&A capability
RTS to capitalise on digital D&A For personal use only capability ▪ RTS operates in an internationally competitive environment, dominated by large international OEMs with significant capital devoted to R&D and standard platforms (rollingstock). ▪ Over a development period of more than 10 years, Down
Slide 89: New Zealand
For personal use only Steve Killeen New Zealand
Slide 90: Strong connections to the land
Strong connections to the land For personal use only 90
Slide 91: Business profile
Business profile For personal use only ▪ Aligned with Group activities Transport Utilities Facilities ▪ Well positioned to tackle growth opportunities ▪ Build, maintain and ▪ Build, maintain and ▪ Build, maintain and operate transport operate utilities operate buildings ▪ Well diversified across Tra
Slide 92: Strength in the New Zealand market
Strength in the New Zealand market For personal use only $6.0bn work-in-hand Work-in-hand – Public v Private Work-in-hand – Segment Private 19% Utilities 21% Facilities 41% Public 81% Transport 38% 92
Slide 93: Low greenhouse gas emissions and climate resilience in New Zealand
Low greenhouse gas emissions and climate resilience in New Zealand For personal use only Climate Change Government Policy New Zealand's net emissions ▪ 2019 Climate Change Response (Zero are projected to decrease Carbon) Amendment Act with 2050 from 54.4 Mt CO2-e in 2020 to emissions reduction targe
Slide 94: Accelerating the decarbonisation of our fleet and plant
Accelerating the decarbonisation of our fleet and plant For personal use only Initiatives are targeted at shifting energy sources as technology allows, along with use of fuel-efficient systems. Fleet replacement and optimisation ▪ EV and hybrid options now available for every vehicle category ▪ Tran
Slide 95: Towards carbon zero energy supply
Towards carbon zero energy supply For personal use only By 2025, our electricity supply will be certified carbon zero energy. ▪ Downer will take up an allocation of limited availability certified carbon zero energy when our electricity supply contracts expire next year ▪ Our electricity supply will
Slide 96: Large player in the renewable energy sector
Large player in the renewable energy sector For personal use only Hydro power generation Wind farm Intake Gate project is part of the Tekapo hydro station, Downer is building which is protected from possible surges that could ensue the northern from a 7+ earthquake. It is contributing to the Tekapo
Slide 97: Case study: Low carbon solution for the largest NZ infrastructure project
Case study: Low carbon solution for the largest NZ infrastructure project For personal use only Scope ▪ To help achieve City Rail Link 1 ISC rating goals by using recycled crushed concrete for two parts of the project build. Approach ▪ Green Vision partnered with Allied Concrete Ltd to supply 10Mpa
Slide 98: Case study: Adaptative reuse for the University of Auckland
Case study: Adaptative reuse for the University of Auckland For personal use only Scope ▪ Complete refurbishment and seismic upgrade of the existing structural frame with a new building façade and thermal envelope, building services and complete interior refit. Approach ▪ Reuse as much of the old sh
Slide 99: New Zealand market shape
New Zealand market shape For personal use only Work stream Addressable Key customers A solid presence in each of our market sectors and an addressable market that has continuity market* into future years. New Zealand $27.1 billion Existing high quality customer base with growth potential available i
Slide 100: Outlook
Outlook For personal use only ▪ Strongly positioned for success in Revenue Trend (NZ$ bn) FY23 and beyond ▪ Considering the next steps of our 3.5 CAGR ~5% growth in New Zealand 3.0 2.6 2.6 2.7 2.6 ▪ Capitalising on changing and 2.5 favourable market conditions 2.0 1.6 1.5 1.4 ▪ Carbon reduction at t
Slide 101: What the future looks like
What the future looks like For personal use only 101
Slide 102: Q&A
Q&A GOVERNMENT scHooL & gogo} poo Oooo} Joao oooa! | Imi Bees HOSPITAL oo 7/0 eter fom (ema shi a = R Momsen SsGon|soMoD[ooIqy 102