SHAPE, a national fitout and construction services specialist, continues to purchase carbon offsets to cover its residual emissions and measures emissions in accordance with the GHG Protocol. The company’s Scope 1 emissions for FY25-26 are 434 tCO2-e, while Scope 2 emissions are 255 tCO2-e (location-based) and 0 tCO2-e (market-based).
Material Actions and Disclosures
SHAPE purchases carbon offsets to cover its residual emissions and has historically participated in Climate Active Certification. The company measures emissions in accordance with the GHG Protocol and uses a combination of primary and secondary data, with third-party verified offsets. SHAPE’s Scope 1 and Scope 2 emissions for FY25-26 are illustrated in Table 3.
SHAPE advocates with its landlords for GreenPower to be an option for supply and continues to procure 100% GreenPower where possible, purchasing Large-scale Generation Certificates (LGCs) equivalent to its non-GreenPower consumption. SHAPE uses the market-based approach as its primary method for managing and measuring electricity-related emissions.
Forward Commitments
SHAPE will continue to advocate with its landlords for GreenPower to be an option for supply. SHAPE’s climate risk identification, assessment, and overall management process covers the entirety of SHAPE’s business operations. SHAPE has aligned its climate risk assessment framework with SHAPE’s enterprise risk framework.
SHAPE has focused on refining its climate scenario analysis, continuing emissions data tracking, and preparing for mandatory climate reporting under AASB S2. SHAPE has not identified trade-offs associated with the identified CRROs and SHAPE’s financial performance.
SHAPE has not disclosed any targets that it is required to meet by law or any specific targets or deadlines for its climate-related initiatives.