Mapping out a reduction pathway

How targets were validated

Three categories of emissions are assessed for target validation. Each category – called a Scope – covers three ways a business creates emissions.

Scope 1 – Direct emissions
Includes emissions from sources owned or controlled by Genesis. This includes emissions from electricity generation, fuel used in vehicles owned or leased by Genesis and any fugitive emissions released.

Scope 2 – Indirect emissions, electricity
Includes emissions from electricity we buy and use across the business, such as the electricity used in our offices, at our branches, depots and generation sites.

Scope 3 – Other indirect emissions
A consequence of the activities of the company that occur from sources not owned or controlled by Genesis. These include business travel, staff commuting to and from work, waste sent to landfill, products we sell and goods and services that we buy.

We're continuing emissions reductions consistent with a 1.5°C climate

Target Year¹: 2025

This will result in total carbon reductions² of more than 1.2m tonnes, equal to removing more than 272,052 petrol cars off the road for one year.

^{1. Target is based on our FY20 as the base year

2. Combined scope 1, 2 & 3}

How will we achieve the targets?

Most emissions will be reduced in the way we generate electricity.
Our Future-gen strategy focuses on how we can diversify the ways we generate our energy to reduce emissions. This means we will be looking at a range of options that include wind, solar, geothermal, and energy storage.
The targets will help set priorities, focus our thinking, planning and drive innovation across the business.

Future-gen strategy

How will we achieve the targets?

Most emissions will be reduced in the way we generate electricity.
Our Future-gen strategy focuses on how we can diversify the ways we generate our energy to reduce emissions. This means we will be looking at a range of options that include wind, solar, geothermal, and energy storage.
The targets will help set priorities, focus our thinking, planning and drive innovation across the business.

Future-gen strategy

Huntly Power Station still has a role to play

While we are focused on delivery of our Future-gen strategy, it does not mean that thermal generation, like our power station at Huntly, no longer has an important role to play.
New Zealand’s reliance on rainfall and, increasingly, wind, to generate power means Huntly fills the gap when the weather does not oblige, such as during drought.
However, we recognise that this way of generating (always on) has had its day.
Our goal is to economically replace it with affordable renewable generation. This means looking at a range of options that include wind, solar, geothermal, and energy storage.

Could you go Solar?

Huntly Power Station still has a role to play

While we are focused on delivery of our Future-gen strategy, it does not mean that thermal generation, like our power station at Huntly, no longer has an important role to play.
New Zealand’s reliance on rainfall and, increasingly, wind, to generate power means Huntly fills the gap when the weather does not oblige, such as during drought.
However, we recognise that this way of generating (always on) has had its day.
Our goal is to economically replace it with affordable renewable generation. This means looking at a range of options that include wind, solar, geothermal, and energy storage.

Could you go Solar?

Transitioning to a low carbon future

Mapping out a reduction pathway

How targets were validated

We're continuing emissions reductions consistent with a 1.5°C climate

Target Year1: 2025

How will we achieve the targets?

How will we achieve the targets?

Huntly Power Station still has a role to play

Huntly Power Station still has a role to play

Target Year¹: 2025