Our journey to net-zero
Investing in the transformation to a low-carbon economy
Deloitte is proud to be helping lead the way toward a low-carbon future. As part of our global network, we’ve committed to reaching net-zero emissions by 2040, a target validated by the Science Based Targets initiative (SBTi). In FY25, we continued to advance this ambition, with a network-wide Transition Plan underway to guide how we transform our operations, practices and culture. Our strategy also focuses on empowering our people and investing in the transformation needed to embed sustainability into everything we do.
Deloitte New Zealand has voluntarily reported its emissions for eight years, a reflection of our long-standing commitment to transparency. While not a mandated reporting entity under New Zealand’s climate-related disclosures regime, we remain committed to measuring our impact, setting ambitious targets, and tracking our progress openly.
Our FY25 greenhouse gas inventory includes Scope 1 and 2 emissions and Scope 3 business travel emissions. We continue to refine our methodology for Scope 3 emissions from employee commuting and working from home as well as our approach to measuring and managing emissions from purchased goods and services (PG&S), with plans to include these categories in our firmwide footprint going forward.
Our climate commitments rely on collaboration across our value chain, both locally and globally. Technology (hardware and software), as the main source of our PG&S emissions, remains a key focus for supply chain decarbonisation. Deloitte is recognised globally as an industry leader in supplier engagement for sustainability, earning an A score in the CDP Supplier Engagement Assessment, which highlights our leadership and transparency in promoting climate action throughout our supply chain.
Business travel remains one of our most material sources of emissions, and we’re committed to reducing its impact through intentional choices, firm-wide engagement, and investment in low-emission solutions. For the past three years, Deloitte New Zealand has implemented business unit-level carbon budgets to ensure visibility and accountability. As a result of strong engagement across the firm, gross travel emissions are down 30% from our FY19 baseline, and travel emissions per full-time equivalent (FTE) reduced by 48%.
Dive deeper in our FY25 Impact Report.
FY25 marked the third and final year of our sustainability linked loan with BNZ, with KPIs tied to renewable electricity and business travel- both of which were successfully met. These achievements strengthen our position as we work toward our near-term 2030 goals and our net-zero target for 2040.
