Internal operations
As a Group, we are committed to targeting our sustainability efforts to where they achieve the greatest results for the business, for our stakeholders and for the environment. As such we are firmly focused on the impacts, both positive and negative, of our investment, asset services and development businesses.
Nonetheless, we recognise that significant opportunities exist to reduce impacts from our internal operations and that in many instances these can produce additional benefits such as broader staff engagement. This section outlines some of those areas.
Travel
Staff air travel produces a significant environmental impact and also a considerable cost to the company both in terms of expenditure and staff time. Overall we actually produced more greenhouse gas emissions (462 tonnes of CO2) due to a total increase in flight kilometres over the last year, indicating there is considerable room for improvement, even though our emissions per person decreased due to increased staff numbers. The potential for cost saving is is significant as each tonne of CO2 attributable to air travel costs us approximately 18 times as much as each tonne emitted from electricity use.
| Staff Air Travel |
2004/05 |
2005/06 |
2006/07 |
|
| Total distance travelled |
2,239,820 |
2,221,317 |
2,783,752 |
| Km / person |
10,181 |
4,599 |
4,149 |
| Hours / person |
18 |
8 |
7* |
| Tonnes CO2 / person |
1.69 |
0.76 |
0.69 |
| Improvement (2006/07): 14% |
*Estimated
Annual average was 220 staff in 2004/05, 483 in 2005/06 and 671 staff in 2006/07.
Emission calculations are based on 166g/person/km sourced from the Australian Greenhouse Office (AGO).
Over the reporting period, Investa spent $296,557 on LPG fuel for the Clarendon Residential fleet of wagons and sedans. Based on an average price of 51ยข/L and a fuel efficiency of 0.176L/km (using AGO figures) and 1.6tonnes CO2-e/kL for LPG (also from the AGO), the fleet produced 930 tonnes of greenhouse gas emissions, equivalent to 1.39tonnes per employee. Options for reducing these emissions are being explored.
Investa spent $382,000 on taxi fares over the period. The actual number of trips is not available but based on the kilometre rate of $1.68 plus the flag fall of $2.90, this equates to $1.76 per km and 217,045 km of taxi travel. Using 0.176L/km and 1.6tonnes CO2-e/kL for LPG (AGO figures), the taxi travel equates to 0.09tonnes of greenhouse gases per employee.
| Estimated 3,303,888 of fleet km travel |
4,924km per employee |
| Estimated 930 tonnes greenhouse gas emissions |
1.39 per employee |
| Estimated 217,045 of taxi km travel |
323km per employee |
| Estimated 61 tonnes greenhouse gas emissions |
0.09 per employee |
Office Consumables
For the first time we are reporting on several other metrics of our internal resource use. Having established these benchmarks, we can undertake initiatives to reduce the resources used in the course of our operations.
Investa total consumption for FY 06/07
| 13,596 reams = 6,798,000 sheets of paper |
40.6 sheets per employee per day |
| Pens (including all types of writing items): 89,568 |
2.7 writing instruments per employee per week |
| Toner cartridges: 949 |
1.3 cartridges per employee |
Back to Top