Our purpose is to ‘Positively impact the wellbeing of New Zealanders’

One of the key focus areas of our purpose is environmental wellbeing. With the growing impacts of climate change on our communities, we believe that decreasing greenhouse gases is the single biggest issue facing our planet and the future wellbeing of New Zealanders.

As part of our commitment to the environment, we began a series of initiatives in 2021 to reduce Ando’s greenhouse gas emissions and raise awareness amongst our staff, customers, partners, and supply chain to also take action.

Turning the corner to a greener future

As an insurance company, our environmental impact is fairly low, however we do provide cover for private and commercial vehicles. In total, the transport sector contributes approximately 47% of Aotearoa’s CO2 emissions, and whilst we know that more sustainable technology for transport is coming, we can’t sit idle until then. To help absorb CO2 emissions from the transport sector, Trees for Transport are planting native trees along walking and cycling trails around the country with our charity partner Trees That Count. Even when carbon-based fuels are long a thing of the past, the trees planted today will continue to enrich ecosystems, purify the air we breathe and beautify our natural surrounds for future generations to explore and enjoy.

Reducing our carbon footprint

We have pledged to help New Zealand become carbon neutral by 2050 by signing up to the Climate Leaders Coalition and reporting our greenhouse gas (GHG) emissions annually beginning with FY2021.

Our pledge

We aim to reduce our Scope 1 and Scope 2 emissions in line with the International Panel for Climate Change’s (IPCC) 1.5°C pathway, which aims to limit global warming to 1.5°C above pre-industrial levels. We also aim to reduce our Scope 3 emissions in line with the well below 2°C pathway.

By 2026, reduce absolute Scope 1 & 2 emissions by 25.2%.

By 2031, reduce absolute Scope 3 emissions by 27.5%.

  FY21 Emissions
Tonnes CO2-e
Target Emissions in 2026
Tonnes CO2-e
Target Emissions in 2031
Tonnes CO2-e
Scope 1 14.715 11.007 7.917
Scope 2 13.486 10.088 7.255
Scope 3 281.562 239.328 204.132
Total 309.763 260.422 219.305