Net Zero 2040
We have set a goal to be Net Zero by 2040. We are the first telecommunications company in New Zealand to achieve validation for our Net Zero 2040 target from global corporate climate action organisation, Science Based Targets initiative (SBTi).
The road to Net Zero demands more than simply lowering our own carbon footprint. It requires reducing our own emissions, helping customers lower theirs and supporting our partners to do the same.
Reaching Net Zero requires a 90% reduction of our greenhouse gas emissions from our FY22 benchmark and investment in initiatives to balance out the rest. In late 2024 our Net Zero target was externally verified by the SBTi.
Our Science Based Targets include
Scope 1 & 2
Supplier spend
Net Zero by 2040
Renewable energy
PURPOSE
“The conversation is now broader than just price and telecommunications. With our growing influence and scale, we also have to ensure we are Fighting for Fair for future generations.”
SCOPE 2 EMISSIONS
Radio access network (RAN) efficiency programme
In 2024, our RAN efficiency program in partnership with Ericsson, won the TUANZ Member awards: Technology Initiative of the Year. The award is testament to the efforts our teams are making to modernise the 2degrees network and make it more energy efficient.
SCOPE 2 EMISSIONS
Energy efficiency measures in our retail stores
We have implemented design and operating guidelines throughout our retail stores, including improved energy-efficient technology, timed signage and TV screens, motion sensors and HVAC controllers. Results so far have been promising. Following a refurbishment, one of our stores in Wellington, saw an energy reduction of 27%. These results, while representing a single store, indicate that large savings can be made through small changes rolled out nationally.
