APA Group

Lobbying Governance

AI Extracted Evidence Snippet Source

All of this has been delivered under strengthened sustainability governance put in place in FY23, ensuring consistent Board oversight of APA's progress against our 2022 Climate Transition Plan. [...] In FY25 the Board's Safety and Sustainability Committee will also oversee development of our refreshed Climate Transition Plan and this plan will be put to a non-binding securityholder vote at APA's 2025 Annual Meeting. We will continue to actively engage with our securityholders and other stakeholders to incorporate their expectations of APA and our critical role in Australia's energy transition. [...] APA is committed to providing securityholders and other external stakeholders with timely, credible and transparent reporting. [...] This Climate Report Suite is prepared internally by relevant subject matter experts, verified by relevant APA executives and senior managers, and approved by the APA Board prior to disclosure. For our FY24 Climate Data, we have obtained reasonable assurance on key voluntary operational emissions disclosure items and limited assurance on a range of other metrics including Scope 3 emissions. [...] APA participates in business and industry associations where there is an opportunity to provide business leadership on national issues, insights and advocacy to public policy processes, and contribute to the enhancement of industry standards through the exchange of best practice learning and development. We review our industry memberships annually against APA's membership criteria. These cover a range of elements, including climate-related matters, and we review a membership where it no longer meets these criteria. Decisions about joining a new association are managed by APA's Sustainability and Corporate Affairs division.

https://admin.apa.com.au/media/iqlpv4ks/240920_asx_release_apa_releases_2024_climate_report.pdf

— Advocate consistent with this Climate Policy including with Industry Associations we are members of. [...] |Position|Responsibility| |---|---| |APA Safety and Sustainability Committee|— Approve APA's Climate Change Policy| |Sustainability Management Committee Committee / Executive Leadership Team|— Promote the Climate Change Policy across APA — Monitor adherence to the Climate Change Policy including the established principles and commitments| |Group Executive Sustainability and Corporate Affairs|— Ownership of the Climate Change Policy — Accountability for the implementation of the Climate Change Policy and associated frameworks, systems and procedures which support adherence to the Climate Change Policy principles and commitments across APA| |General Manager Sustainability|— Review the Climate Change Policy as per the review dates — Development of related climate frameworks, standards, systems and procedures which support the APA Climate Change Policy| |APA Employees All other people when they represent APA|— Compliance with this policy — Adhering to related climate frameworks, standards, systems and procedures which support the APA Climate Change Policy|

https://admin.apa.com.au/media/qlfhdkbx/climate-change-policy.pdf