Digital financial services company Zip has achieved net zero Scope 1 and market-based Scope 2 emissions in FY26, while also enhancing its climate governance and risk management frameworks. The company reported zero direct emissions and reduced its market-based Scope 2 emissions to zero through the transition of its Australian operations to 100% GreenPower renewable electricity and the procurement of Energy Attribute Certificates (EACs) to cover remaining electricity consumption.
Material actions and disclosures
Zip also diverted 151kg of e-waste from landfill during the year, a significant step in its e-waste recycling efforts. The company reported total GHG emissions of 137.58 tCO2e for Scope 2 (location-based) in FY26. Zip continued to strengthen its climate governance and risk management frameworks, engaging with material suppliers to gather accurate data and improve the quality of Scope 3 activity data for FY27 disclosures.
Forward commitments
Looking ahead, Zip plans to continue maturing its measurement of Scope 3 emissions and prioritising engagement with material suppliers to establish appropriate emissions baselines and decarbonisation plans. The company also aims to enhance transparency in how climate considerations are incorporated into business strategy and decision-making.
Further information on Zip’s climate-related governance, strategy, risks, opportunities, and metrics is available in its Sustainability Report, prepared in accordance with AASB S2 Climate-related Disclosures.