Sustainability

Carbon Conscious Certification

We have recently achieved our EKOS Climate Conscious Certification for FY 2023. Click here to view our certificate.

Climate-related Risk and Opportunities Statement

June 2024

PDP has undertaken a high-level risk and opportunity assessment for our business to identify the nature and level of climate change related risks, and any opportunities for our business.

Our evaluations conclude that there are currently no significant climate-related risks that are likely to directly impact our business.  We have identified how we can respond to and reduce other identified risks to help build resilience into our operations.  Through identifying opportunities, we are positioned to support our clients with their own climate risks and to create new work streams for PDP.

Our initial assessment is partially aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework for companies to disclose to stakeholders.  Our assessment includes transition risks, physical risks and opportunities to inform strategic planning and risk management.

Our transition risks relate to technology availability and affordability to achieve low carbon transport in our fleet and the availability of clean energy to support electrification.  In our markets, we are likely to see a shift in our services and client requirements as they adapt and respond to the impacts of climate change on them.  We are responding to the risks from a potential loss of markets by investing in building our capacity and capability to deliver climate change services, developing systems to integrate climate change throughout our project work and diversifying to new markets where relevant.

PDP could face reputational loss if we overstate our claims about climate action or undertake work that is counter to our stated commitments.  PDP will undertake regular review of our markets and services with strategic and group directors to evaluate climate change risks and opportunities including reputational risks associated with our projects.

Physical risks are those such as extreme weather, increased fire risk and sea level rise.  PDP may experience business interruption and loss of time such as commuting delays, and inability to undertake fieldwork or increased working from home reducing the cohesiveness and effectiveness of our teams. Should our people not be able to reach the office, we already have in place systems and processes to enable business continuity through working from home.  We will undertake further office specific quantitative evaluations to better understand the physical risks.

We will undertake regular reviews of financial climate risks and opportunities to inform whether we should adapt our management and strategy to mitigate risks or take advantage of opportunities.

PDP could face reputational loss if we overstate our claims about climate action or undertake work that is counter to our stated commitments.  PDP will undertake regular review of our markets and services with strategic and group directors to evaluate climate change risks and opportunities including reputational risks associated with our projects.

Physical risks are those such as extreme weather, increased fire risk and sea level rise.  PDP may experience business interruption and loss of time such as commuting delays, and inability to undertake fieldwork or increased working from home reducing the cohesiveness and effectiveness of our teams. Should our people not be able to reach the office, we already have in place systems and processes to enable business continuity through working from home.  We will undertake further office specific quantitative evaluations to better understand the physical risks.

We will undertake regular reviews of financial climate risks and opportunities to inform whether we should adapt our management and strategy to mitigate risks or take advantage of opportunities.

    Our Greenhouse Gas Measurement

    October 2024

    ​PDP is committed to measuring and reporting our greenhouse gas emissions annually, which helps inform our management strategies.  Our total emissions for FY24 were 544 tonnes of CO2-e compared to 615 tonnes of CO2-e for FY23. The table shows emissions by scope.

    Green House Gas table

    Our base year for reporting is FY23. Our FY23 inventory was externally verified to ISO standards by McHugh & Shaw Limited (1) earning us the Carbon Conscious Certification from EKOS.

    Aligned with the Science Based Targets Initiative (SBTi), we’ve set a near term target to reduce our Scope 1 and 2 emissions by 42% by 2030, and we will continue to measure and report our Scope 3 emissions.

    Our Scope 1 and 2 emissions mainly stem from our vehicle fleet and the heat and electricity we purchase for our offices. These emissions increased in FY24 compared to FY23, mainly due to new diesel vehicles to support our business growth and a current lack of suitable hybrid or electric options for off road field vehicles.

    (1) The assurance level achieved is:  Reasonable Assurance ISO Categories 1-2 ; and Limited Assurance ISO Categories 3-6. 

    Emissions Reduction Strategy

    Our Emissions Reduction Strategy (ERS, 2024) provides a pathway to meet our 2030 reduction targets. While we currently have limited control over office energy use, we’re prioritising energy efficiency in future office spaces as leases expire. Our new office in Auckland’s Fonterra Centre has a 5-star NZGBC rating, featuring all-electric heating, an energy-efficient thermal envelope, and rainwater harvesting. Our Whangarei office will also include solar power reducing purchased electricity.

    The most significant reductions will come from us transitioning to a lower-carbon vehicle fleet. Our ERS plans a shift to lower-carbon vehicles, considering replacements and new vehicles based on business needs.  There is a period where emissions are projected to increase until the fleet transition offsets the growth, then emissions will decrease as we approach 2030.

    In addition to fleet changes, we’ll promote more efficient travel planning and behavioural shifts. We’ll integrate sustainability into our travel policies over the next year. We’re also assessing the impact of commuting, with an annual commuter survey.