CTM has published its FY26 greenhouse gas emissions report, detailing Scope 1 and 2 emissions and outlining decarbonisation targets through FY2030. The report covers total emissions of 961 tCO2e, with 4 tCO2e from Scope 1 and 957 tCO2e from Scope 2 emissions, reported using the location-based method only.
Material actions and disclosures
CTM measures its greenhouse gas emissions in accordance with the Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (2004). The company has adopted a conservative reporting approach for FY26, reflecting its decision not to recognise renewable electricity claims for CTM offices due to insufficient supporting evidence.
CTM’s GHG inventory includes emissions from all seven greenhouse gases (CO2, CH4, N2O, HFCs, PFCs, SF6, and NF3) expressed as tons of carbon dioxide equivalent (tCO2e). The inventory encompasses all entities and activities that can be operationally controlled or influenced by the company within Scope 1 and Scope 2.
CTM has purchased carbon offset credits to offset 100% of its Scope 3.06 employee business travel emissions for FY26. The carbon offset credits and energy attribute certificates purchased include wind power, solar power, landfill gas carbon credits, and regenerative agriculture credits.
CTM is currently on track to meet its disclosed decarbonisation targets by FY2030 through the implementation of efficiency and carbon reduction initiatives, including maximising effective waste management within office locations, seeking tenancies with improved sustainability credentials, and encouraging employees to reduce Scope 3 emissions.
Forward commitments
CTM aims to continue assessing and maturing its Scope 3 inventory to align with increased climate-related disclosure obligations from FY27. The company will also continue to monitor and assess the appropriateness of implementing an internal carbon price over time.