Australian Vintage Limited has reported a 17% reduction in greenhouse gas (GHG) emissions from FY25 to FY26, aligning with its commitment to decarbonisation and environmental stewardship. The company has also announced a target to achieve net zero emissions across Scopes 1, 2, and 3 by 2040.
Material actions and disclosures
Australian Vintage has made significant progress in reducing its carbon footprint, achieving a 42% reduction in Scope 1 and 2 emissions since FY22. The company has also powered all owned and operated sites with renewable energy, maintaining this transition from FY25.
Additionally, the company has achieved a total recorded injury frequency rate (TRIFR) of 14, marking a 7% improvement over the previous year. This underscores the company’s commitment to employee safety and wellbeing.
Forward commitments
Australian Vintage aims to continue reducing its emissions, targeting a 42% reduction by 2030. The company also plans to mitigate Scope 3 emissions by 2030 and maintain a closed gender pay gap.
The company has also outlined its transition from B Corp Certification to the national standard of mandatory climate-related financial reporting under the AASB S2, effective from February 2027.