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.
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 |
How we’re going to do it
To reach our target we are focusing on:Transforming the way we do business by engaging with our staff to implement more environmentally-friendly practices in our strategy and day-to-day operations.
Encouraging and supporting our staff to reduce their impact on the environment at home and in the office.
Engaging with partners and suppliers across our supply chain to influence a reduction in our environmental impact collectively through initiatives such as Trees for Transport.
