Sustainability governance
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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