Generation Development Group Limited (GDG) has published its first Sustainability Report, detailing its approach to managing climate-related risks and opportunities in line with AASB S2 and the Corporations Act 2001. The report outlines the company’s methodology for calculating greenhouse gas emissions and its engagement with external consultants to perform climate-related scenario analysis.
Material actions and disclosures
GDG’s Scope 1 and Scope 2 greenhouse gas emissions have been calculated in accordance with the Greenhouse Gas Protocol. For FY26, the company’s total gross Scope 1 and 2 emissions were 117.78 tCO2-e. No material physical climate-related risks were identified for the Group’s business activities or assets.
The Group has not yet developed a methodology to quantify its vulnerability to the potential financial effects of identified transition risks. However, it intends to progress this through the Working Group and relevant entities in future reporting periods.
Forward commitments
GDG has not set climate-related targets for the FY26 reporting period, including GHG-related targets. The Group considers that at least three consecutive years of data, trends, and insights will be required before it can determine whether target setting is appropriate and, if so, establish a meaningful target.
The company plans to establish a Climate Risk Working Group in FY27, led by the Head of Group Risk/Company Secretary, GDG, with support from the Chief Financial Officer. The Working Group will be responsible for conducting climate risk assessments within each subsidiary and supporting reporting to the Head of Group Risk.
The report also includes an independent auditor’s review, confirming compliance with the specified Sustainability Disclosures under AASB S2.
These actions and disclosures reflect GDG’s commitment to strengthening its climate-related governance, risk management, data collection, and reporting practices over time.