Greenhouse Gas Inventory
Report FY24
Contents | |
Executive Summary | 4 |
FY24 in summary | 4 |
Introduction | 5 |
Intended uses and audiences of the report | 5 |
Scope and Boundaries | 5 |
Organisational boundary | 5 |
Excluded business units | 8 |
Operational boundary | 8 |
Information management procedures | 8 |
Methodology | 9 |
Emission factors | 9 |
Reporting period and base year | 10 |
Data collection and review process | 10 |
Data quality of reported emissions | 10 |
Summary of emission source inclusions | 11 |
Exclusions | 11 |
Historical recalculations | 11 |
FY24 GHG inventory analysis | 12 |
Emissions by ISO category | 12 |
Emissions by greenhouse gas type | 14 |
Emissions over time | 14 |
Emissions intensity | 15 |
Emission reduction targets | 15 |
Emission reduction projects | 17 |
Emissions avoided | 19 |
Emissions reduction results | 19 |
Appendices | 21 |
Appendix A Reporting Boundaries | 21 |
Emission source identification method and significance criteria | 21 |
Detailed inclusion sources and activity data management | 21 |
Appendix B - GHG storage and liabilities | 25 |
GHG stocks held on site | 25 |
Appendix C - ISO 14064-1:2018 Reporting Index | 26 |
Appendix D - Audit report | 27 |
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Table 1: Inventory Summary | 4 |
Table 2: Brief description of business units, sites and locations included in this | |
emissions inventory | 7 |
Table 3: ISO categories included in report | 8 |
Table 4: Emission factor sources | 9 |
Table 5: Emission source inclusions | 11 |
Table 6: Exclusions | 11 |
Table 7: Emissions by ISO category | 13 |
Table 8: FY24 greenhouse gas emissions by greenhouse gas | 14 |
Table 9: Emissions intensity | 15 |
Table 10: Emission reduction targets | 16 |
Table 11: Emission reduction projects | 17 |
Table 12: Detailed emission sources and data uncertainty | 22 |
Table 13: GHG stocks held | 25 |
Figure 1: MOVe Logistics Group organisational chart. | ......................................................................6 |
Figure 2: Emissions by ISO category over time | 14 |
Figure 3: Emissions by business unit over time | 15 |
Figure 4: Category 1 & 2 emissions against target | 19 |
Figure 5: Category 3, 4 & 5 emissions against target. | ..................................................................20 |
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Executive Summary
MOVe Logistics Group Limited is one of New Zealand's largest end-to-end logistics experts, freight forwarders and warehousing providers. Our team is committed to finding innovative ways for a more sustainable future for our business, our customers and New Zealand.
This is the annual greenhouse gas (GHG) emissions inventory report for MOVe Logistics Group Limited covers the measurement period of 1 July 2023 to 30 June 2024 (FY24).
As detailed in our report, during FY24 MOVe Logistics Group Limited's total emissions decreased, compared to both the base year (FY22) and the previous year FY23. A shift to an asset light model, along with a focus on reducing the age of the fleet and an increase in the use of different modes of transport such as rail and lower customer demand because of the lower economic activity in New Zealand, have resulted in a reduction of category 1 and category 4 emissions. Our category 2 emissions have decreased due to the decarbonisation of the New Zealand electricity grid, resulting in a lower emissions factor used in our calculations for FY24. Emissions in all categories decreased except for Category 5 which saw a slight increase due to more freight forwarding activity.
Table 1 below contains a high-level summary of our emissions for FY24. A more detailed breakdown can be found in table 7.
Table 1: Inventory Summary
ISO Category | GHG Protocol | FY22 | FY23 | FY24 | Change |
category | tCO2e. | tCO2e. | tCO2e. | compared with | |
base year (%) | |||||
Category 1 | Scope 1 | 48,361.84 | 41,939.14 | 35,064.91 | -27.5% |
Category 21 | Scope 2 | 592.20 | 514.85 | 261.57 | -55.8% |
Category 3 | Scope 3 | 1,110.17 | 1,210.68 | 984.22 | -11.3% |
Category 4 | 55,856.74 | 52,867.42 | 44,785.72 | -19.8% | |
Category 5 | 0 | 49.59 | 52.02 | +4.9% | |
TOTAL direct | |||||
emissions | 48,361.84 | 41,939.14 | 35,064.91 | ||
TOTAL indirect | |||||
emissions | 57,559.11 | 54,642.54 | 46,083.53 | ||
TOTAL | |||||
emissions | 105,920.95 | 96,581.68 | 81,148.44 | -23.4% |
FY24 in summary
• Our total reported emissions for FY24 decreased by 23.4% compared with our FY22 base year.
• Our category 1 emissions continued to decrease in FY24, driven by the continued shift to an asset light model, the use of contractors and reduced customer activity. There is an ongoing focus on the reduction of older fleet, in all fleet types (Trucks, forklifts, light vehicles) with not all fleet replaced.
• Our category 2 emissions were significantly lower. This was due to the change in the purchased and used electricity emissions factor for FY24 and improvements made to the data capture methodology.
• Our category 3 emissions decreased due to proactively encouraging the use of technology over travel for meetings were possible.
1 Emissions are reported using a location-based methodology.
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- Our category 4 emissions data is just over a third spend based, using averaged emissions factors based on industry averages. FY24 had a lower spend and this has resulted in lower reported emissions. Emissions from waste have also decreased due to improvements made to the data capture methodology.
Introduction
This GHG inventory report is a complete and accurate account of the GHG emissions that can be directly attributed to MOVe Logistic Group's operations within the declared boundary and scope for the reporting period, utilising all available sources of data.
Move's reporting processes and emissions categorisation is consistent with international standards and protocols and this inventory report has been prepared in accordance with:
- ISO 14064-1:2018
The inventory report and any GHG assertions are expected to be verified by a third-party, independent verifier. The level of assurance is reported in a separate Assurance Statement that is included as Appendix D
Intended uses and audiences of the report
This report is intended to advise the stakeholders of MOVe Logistics Group of our GHG inventory for the FY24 reporting period, along with the steps and measures taken by us to reduce the GHG emissions associated with our activities.
The stakeholders include the Executive team, the Board, shareholders, investors, financiers, customers, employees, contractors, and members of the public.
Scope and Boundaries
MOVe Logistics Group is one of New Zealand's largest domestic freight and logistics providers, with the ability to service all customer supply chain requirements.
MOVe's trucks transport goods from the top of the North Island to the bottom of the South Island and everywhere in between. MOVe operates a nationwide network of branches, depots, and warehouses, with a dedicated team of over 900 employees.
The company owns and leases a fleet of around 2,000 trucks, trailers, forklifts, and light vehicles. It also operates one of the largest petroleum product Dangerous Goods (DG) road tanker fleets in the country.
Organisational boundary
The organisational boundary determines the parameters for GHG reporting and ensures a consistent approach is applied when assessing which activities to include. MOVe applies the operational control consolidation approach. This means we aggregate the emissions from MOVe Logistics Group Limited and its subsidiary companies into a single MOVe value.
MOVe Logistics utilises the 'operational control' consolidation method for our emissions inventory. This approach considers all emissions that MOVe exercises some control over as a large majority of our emissions comes from the transport and logistics operations.
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Figure 1 shows what has been included in the context of the overall structure. Table 2 gives the physical locations that are included in the reported data.
The organisational chart provides an overview of all companies in the group from a legal perspective - some of which are non-trading and others that have varying ownership structures and controls.
The organisational chart also identifies the in-scope companies for this inventory report on the basis of day-to-day operational control the MOVe Logistics Group has with these companies.
In August 2023, the corporate location in New Plymouth was amalgamated with the transport operations onto one site, with the corporate location vacated. In June 2024 we ceased transport operations at the Rai Valley site.
Figure 1 MOVe Logistics Group organisational chart.
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Table 2: Brief description of business units, sites and locations included in this emissions inventory.
Company | Facility
| BusinessUnit
Physical location
Description
MOVe Fuel | 31 | Chapmans Road, Christchurch | Transport |
MOVe Freight | 32 | El Prado Drive, Palmerston North | Transport |
MOVe Freight | Halsey, Sturdee & Jutland Streets, | Transport | |
Dunedin | |||
MOVe Freight | 15 | Spey & 108 Mersey Street, Invercargill | Transport |
MOVe Freight | 2-4 Heads Road, Wanganui | Transport | |
MOVe Freight | 148 Meadows Road, Timaru | Transport | |
MOVe Freight | 4 Kermode Street, Ashburton | Transport | |
MOVe Freight | 5 Jean Batten Drive, Tauranga | Transport | |
MOVe Freight | 85 | Taupo Quay, Wanganui | Transport |
MOVe Freight | 63 | McLaughlin Road, Auckland | Transport |
MOVe Freight | 4 Liverpool Street, Blenheim | Transport | |
MOVe Freight | 55 | Foremans Road, Christchurch | Transport |
MOVe Freight | 1460 Omahu Road, Hastings | Transport | |
MOVe Freight | 15 | Artillery Place, Nelson | Transport |
MOVe Freight | 28 | Paraite Road, New Plymouth | Transport |
MOVe Freight | 8 Toop Street, Seaview, Wellington | Transport | |
MOVe Freight | 7 Rintoul Street, Westport | Transport | |
MOVe Freight | 16-20 Ree Cres, Cromwell | Transport | |
MOVe Freight | 279 Kahikatea Drive, Hamilton | Transport | |
MOVe Freight | 49 | Waingawa Road, Masterton | Transport |
MOVe Logistics & Warehousing | 75 | Seymour Street, Christchurch | Warehousing and Transport |
MOVe Logistics & Warehousing | 9 Manchester Street, Blenheim | Warehousing and Transport | |
MOVe Logistics & Warehousing | 11 | Manchester Street, Blenheim | Warehousing and Transport |
MOVe Logistics & Warehousing | 50-52 Quarantine Road, Nelson | Warehousing and | |
Transport | |||
MOVe Logistics & Warehousing | 30 | Highbrook Drive, Auckland | Warehousing and |
Transport | |||
MOVe Logistics & Warehousing | 32 | Iport Drive, Christchurch | Warehousing and |
Transport | |||
MOVe Logistics & Warehousing | 25 | Ha Cres, Auckland | Warehousing and |
Transport | |||
MOVe Logistics & Warehousing | 752 Great South Road, Auckland | Warehousing and | |
Transport | |||
MOVe Logistics & Warehousing | 1460 Omahu Road, Hastings | Warehousing and | |
Transport | |||
MOVe Logistics & Warehousing | 5 Whango Place, Tauranga | Warehousing and | |
Transport | |||
MOVe Logistics & Warehousing | 27 | Jarvis Way, Auckland | Warehousing and |
Transport | |||
MOVe Logistics & Warehousing | 166 Upper Sefton Road, Christchurch | Warehousing and | |
Transport | |||
MOVe Specialist lifting and | 134 Plunket Avenue, Auckland | Transport | |
Transport | |||
MOVe Specialist lifting and | 15 | Keith Hay Drive, Auckland | Transport |
Transport |
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Excluded business units
The excluded business units include companies where there is less than 100% ownership and there is no direct control on the day to day running of the business. They operate independently of our business and use their own accounting systems for financials.
Excluded Business Units
Non- Operating Company:
- Global Logistics Group Limited (amalgamated June 2022)
- Appian Transport Limited
- MOVe Liquid Logistics Limited
Not 100% Owned:
- TNL International (Australia) Pty Limited
Operational boundary
The GHG emissions sources from the MOVe Logistics Group value chain were identified with reference to the methodology prescribed in the GHG Protocol and ISO 14064-1:2018. These have been classified according to the ISO standard as follows:
Table 3: ISO categories included in report.
ISO Category | Subcategory | |||||
Category | 1 | - | Direct emissions that | are | Mobile combustion emissions relating to non biogenic | |
operationally controlled by MOVe | fuels | |||||
Fugitive emissions including refrigerant losses from | ||||||
truck and trailer cooling units | ||||||
Category 2 - Indirect emissions from imported | Purchased and used Electricity | |||||
energy | ||||||
Category | 3 | - | Indirect emissions | from | Business travel | |
transportation | Upstream transportation and distribution | |||||
Category 4 - Indirect emissions from products | Electricity transmission and distribution losses, | |||||
used by the organisation | Waste | |||||
Capital Goods | ||||||
Purchased Goods and services | ||||||
Well to tank emissions | ||||||
Category 5 - Indirect emissions associated with | Investments | |||||
the use of end products from the organisation |
A full list of exclusions and reasoning is included in table 6.
Information management procedures
MOVe has developed and maintains GHG information management processes that:
- ensure conformance with the principles of ISO 14064-1:2018
- provide consistent data collection and reviews to ensure completeness and accuracy
- ensure consistency with the intended use of the GHG inventory and
- identify and address omissions and errors.
MOVe's key information management procedures are:
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- Source data is collected directly from third party suppliers and from MOVe's financial management system.
- The data is stored in the Diligent ESG software database and reviewed by the Group Sustainability Lead.
- Emission factors and conversion factors in Diligent ESG are maintained by Diligent.
- The GHG inventory is compiled using activity data and emission factors.
- The data and the inventory report are independently audited.
- The report is reviewed to identify opportunities to improve information management processes.
Methodology
A calculation methodology has been used for quantifying the emissions inventory based on the following calculation approach, unless otherwise stated below:
Emissions = activity data x emissions factor
The quantification approach(es) has not changed since the previous measurement period.
All emissions were calculated using Diligent ESG with emissions factors and Global Warming Potentials provided by Diligent. Global Warming Potentials (GWP) from the IPCC fifth assessment report (AR5) are the preferred GWP conversion.
Where applicable, unit conversions applied when processing the activity data has been disclosed.
There are systems and procedures in place that will ensure applied quantification methodologies will continue in future GHG emissions inventories.
Emission factors
Emissions were calculated using the New Zealand Ministry for the Environment 2023 detailed guidance emission factors, apart from those listed in table 4.
Table 4: Emission factor sources
Category | Subcategory | Emission source | Reference |
Category 1 | Mobile combustion - | DEFRA/DECC | 2023 UK Government GHG |
Marine Gas oil and | Conversion Factors for Company | ||
Marine Fuel oil | Reporting | ||
Category 4 | Purchased goods and | Kiwi rail supplier | 2023 - Kiwi Rail |
services - Rail freight | specific emissions | ||
factor | |||
Category 4 | Purchased goods and | Auckland Council, | Market Economics Limited, 2023: |
services - spend | Market Economics | Consumption emission modelling | |
based | report prepared for Auckland Council | ||
Category 4 | Capital goods | Auckland Council, | Market Economics Limited, 2023: |
Market Economics | Consumption emission modelling | ||
report prepared for Auckland Council | |||
Category 4 | Upstream | Auckland Council, | Market Economics Limited, 2023: |
Transportation and | Market Economics | Consumption emission modelling | |
distribution | report prepared for Auckland Council | ||
Category 4 | Waste - Recycling | DEFRA/DECC | 2023 UK Government GHG |
Conversion Factors for Company | |||
Reporting | |||
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Reporting period and base year
The current reporting period is the financial year ended 30 June 2024 (FY24).
The base year is the financial year ended 30 June 2022 (FY22).
FY22 was selected as the base year due to the availability of data and similarity of scope with our ongoing emissions. The base year will be reassessed if:
- Significantly change the scope of what we are measuring within our value chain.
- We buy or sell a company
- Emission factors change significantly and affect previous years, e.g. if the science behind the emissions factor is revised
- On discovery of an error or cumulative errors that could be collectively significant.
Data collection and review process
Data for this report is collected by the Accounts Payable Team and uploaded into Diligent ESG2. The calculations and methodologies are reviewed by the Group Sustainability Lead and this report is approved for publication by the Chief Financial Officer. The Group Sustainability Lead is responsible for overall emissions inventory measurement and reduction performance, as well as reporting to management.
The data collection and review processes are outlined in table 12 (appendix A).
Diligent ESG software uses a calculation methodology for quantifying GHG emissions inventory using emission source activity data multiplied by the GHG emissions factors.
For calculating spend based emissions (purchased goods and services and capital goods) dollar spend figures are converted to tonnes of CO2e using Market Economics Limited, 2023: Consumption emission modelling report prepared for Auckland Council. Emissions from the use of KiwiRail services are calculated using a supplier specific emissions factor relating to tonne of freight moved per KM on the rail network. The tCO2e figures are entered into Diligent ESG.
Data quality of reported emissions
The emissions inventory provided carries some degree of uncertainty, due to complexity in operations and varying maturity in third party suppliers. Our operations are diverse in nature and the different operating models along with many different third parties meaning data availability and commercial sensitivity can inhibit how some information is provided by third parties.
Table 12 in Appendix A gives the details of the uncertainty assessment.
2 Diligent ESG is a carbon accounting "software as a service" system.
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