GREENHOUSE GAS EMISSIONS INVENTORY REPORT

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4

DESCRIPTION OF MERCURY

4.1

MERCURY

Mercury is an electricity retailer and generator that provides energy services to homes, businesses and industrial customers throughout New Zealand. Our mission is Energy Freedom and our goal is to inspire all New Zealanders to enjoy energy in more wonderful ways. Our electricity generation is therefore from 100% renewable sources, comprising nine hydro and five geothermal power stations. We retail to homes and business under the Mercury brand and other specialty brands, including the leading prepay service GLOBUG. To achieve energy freedom for New Zealand through the electrification of transport, we encourage the adoption of electric vehicles (EVs) and electric bikes (e.bikes) and partnering of non-home charging infrastructure and data.

4.2

SUSTAINABILITY POLICIES, STRATEGIES AND PROGRAMMES

“Sustainability at Mercury is about Energy Freedom, built on our five pillars of Commercial, People, Customer, Partnerships and Kaitiakitanga. Our history goes back almost one hundred years and we’ll be hear for at least a hundred more.” Our five pillars of People, Commercial, Kaitiakitanga, Partnerships and Customer support a strategy integrating sustainable business practice by focussing on fifteen key areas; important to both mercury and our stakeholders. Our strategy includes a long-term 2030 view of success for all fifteen focus areas, one of which is climate change. Mercury has integrated sustainability into short-term FY22-24 business planning, moving the business towards long-term success. Under our Kaitiakitanga pillar, our vision for 2030 is: Mercury will be recognised as a leader in the ultra-long-term management of both physical and natural assets. By 2022 we will be on track if: We are playing a leading role in New Zealand’s successful transition to a low-carbon economy.

5

PERSONS RESPONSIBLE

The person responsible for this GHG inventory is the GM Sustainability. A team of people across Mercury are responsible for greenhouse gas accounting and reporting and have contributed to the creation of this report including: Sustainability Strategy Analyst, Geothermal Engineer, Environmental Advisor, Energy Analyst, SAS Technology Lead, Commercial Services Manager, Commercial Services Specialist, BI Business Analyst

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REPORTING PERIOD COVERED

This GHG inventory covers the period 1st July 2014 to 30th June 2021.

7

ORGANISATIONAL BOUNDARIES

Mercury’s organisational boundary determines the parameters for GHG reporting and is set with reference to the GHG protocol and ISO14064-1 standards. The boundary encompasses the operations owned and controlled by Mercury, its subsidiaries, associate companies and joint ventures.

Mercury Emissions Inventory Report FY2021 | Public Document | Page 6 of 14


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