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Sustainability governance

Sustainability-governance

Governance will drive performance

At IPL, we understand that strong governance is fundamental to driving our sustainability agenda forward. And so, we have integrated sustainability focus areas into our day-to-day business processes.

Key performance indicators 

To deliver on our Sustainability Commitments, we have developed a number of Group-wide KPIs, including the following:

  • Percentage of recycled content used across the Group
  • Investment in research and development
  • Scope 1 greenhouse gas emissions
  • Scope 2 greenhouse gas emissions
  • Scope 3 greenhouse gas emissions
  • Health and safety performance
  • Investment in local communities

KPI governance and assurance

Data integrity is essential to maintaining trust with our stakeholders. On an annual basis, our Sustainability KPIs will be third-party assured under the ISAE 3410 International Standard on Assurance Engagements. Under these standards, we will test the quality of our sustainability information against the following criteria:

  • Completeness: gather data from all relevant reporting entities
  • Consistency: ensuring that data is calculated, collated and/or estimated in the same way across all reporting entities
  • Accuracy: data can be tracked back to source and has been appropriately aggregated through the business