Propel Announces Progress on Sustainability and Social Governance Initiatives

Propel, a leading provider of funeral services, has outlined its progress on sustainability and social governance initiatives, including solar panel installations and updates to its board composition.

Propel has installed solar panels at over 20 properties, contributing to its environmental sustainability efforts. The company is also working towards disclosure readiness for its 2027 annual report under the AASB S2 Climate-related Disclosures framework, indicating a commitment to transparency in environmental reporting.

Material actions and disclosures

Propel has implemented an energy consumption reporting platform, which helps track and manage energy usage across its operations. Additionally, the company has updated its charters to reflect oversight and responsibilities, enhancing its governance framework.

Propel’s workforce is comprised of 51% female and 49% male, with key gender pay gap metrics materially favourable to the national average. This highlights the company’s commitment to diversity and gender equality.

Propel has also taken steps to support its employees’ safety and wellbeing through initiatives such as the “Staying Well Together” program, which provides access to counselling, online training, and wellbeing resources.

Forward commitments

Propel aims to continue its progress towards sustainability and social governance, with plans to further enhance its disclosure readiness and continue supporting its workforce and communities.

These initiatives reflect Propel’s ongoing commitment to environmental sustainability and social governance, as outlined in its latest announcement.

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