Service Stream has achieved 100% renewable electricity for the financial year ending June 2026, as part of its climate-related risk and opportunity management strategy. The company has also deployed capital towards climate-aligned markets, focusing on renewable energy and infrastructure resilience.
Service Stream’s principal ESG development involves the deployment of capital and operating expenditure towards climate-related risks and opportunities. This includes investments in early-stage fleet efficiency, data capability uplift, and renewable energy and infrastructure resilience services. The company has also continued to monitor transition risk exposure to assets and business activities through contract portfolio reviews and scenario analysis.
Looking ahead, Service Stream plans to undertake a structured assessment of relevant Scope 3 greenhouse gas emission categories during FY27, consistent with the Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard. This initiative aims to support future disclosures under AASB S2 Climate-related Disclosures.
Material Actions and Disclosures
Service Stream has achieved 100% renewable electricity for FY26 through accredited GreenPower products. The company does not rely on carbon offsets or carbon credits to achieve its Scope 2 market-based emissions outcome. Additionally, Service Stream has continued to diversify its service offering and market portfolio to support growth across the short, medium, and longer term horizons.
Forward Commitments
Service Stream aims to improve data collection and integration across business units, develop more granular quantification of climate-related risks and opportunities, and embed climate considerations into financial planning, capital allocation, and risk management processes. The company also plans to continue monitoring the results of scenario analysis and identified climate-related risks and opportunities through its governance and risk management processes.
Service Stream’s approach to climate-related risks and opportunities is grounded in its commitment to enhancing its capabilities over time, including improving data collection and integration across business units, developing more granular quantification of climate-related risks and opportunities, and embedding climate considerations into financial planning, capital allocation, and risk management processes.