Vector Annual Report 2020

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16 VECTOR LIGHTS EVENTS FOR AUCKLANDERS IN FY20

ELECTRIC VEHICLES AS AT JUNE 2020, VECTOR HAS: ‒ 18 X RAPID CHARGERS ‒ 12 X STANDARD CHARGERS ‒ ENABLED MORE THAN 100,000 FREE CHARGING SESSIONS AT RAPID CHARGERS ‒ PROVIDED MORE THAN 900MWH OF ELECTRICITY OUTPUT TO EV USERS ‒ OUR PUBLIC EV CHARGERS ENABLED EMISSIONS OF APPROXIMATELY 1,500 TONNES OF C0 2 e TO BE AVOIDED

PAYMENT DEFERRALS DURING COVID-19 LED THE IMPLEMENTATION OF A PAYMENT DEFERRAL SCHEME FOR RETAILERS WITH FOUR OTHER ENERGY BUSINESSES

SCHOOLS PROGRAMME IN FY20, MORE THAN 8,000 CHILDREN IN AUCKLAND SCHOOLS ATTENDED AROUND 100 SESSIONS OF VECTOR’S FULLY-FUNDED ‘STAY SAFE’ AND ‘BE SUSTAINABLE’ EDUCATIONAL PROGRAMMES

TASK FORCE ON CLIMATE- RELATED FINANCIAL DISCLOSURES (TCFD) VECTOR SUPPORTS THE TCFD, IS CLOSELY FOLLOWING THE PASSAGE OF LEGISLATION AND IS CURRENTLY WORKING TOWARDS MAKING THE APPROPRIATE DISCLOSURES EITHER IN COMPLIANCE WITH, OR IN ADVANCE OF, LEGISLATION

Floating solar delivers clean energy solutions Vector PowerSmart has been working alongside Watercare to deliver New Zealand’s first floating solar array. Situated on the Rosedale wastewater treatment pond near Auckland’s Northern Motorway, the array features more than 2,700 solar panels and 3,000 floating pontoons. Once fully commissioned, it will generate an estimated 1,480 megawatt hours of electricity each year – the equivalent of 200 average New Zealand homes – with zero emissions. The project is New Zealand’s first foray into floating solar. With land at a premium in Auckland, the innovative floating array will cover only three percent of the pond’s surface area, despite its significant generation capacity. The array will be used to supplement electricity from the grid as well as co-generation from biogas, which is already generated on-site from wastewater treatment. The electricity is used for pumping and aeration for natural bacteria that help break down the waste as part of the treatment process. Watercare has an ambitious programme to reduce its energy use by 8GWh by 2022 and to achieve energy self-sufficiency at its Mangere and Rosedale wastewater treatment plants by 2025. Vector PowerSmart is responsible for delivering landmark utility- scale solar and battery projects in the Pacific Islands, utility battery projects on the Vector network and commercial solar and battery installations throughout New Zealand.

DIVERSITY AND ACCESSIBILITY ACHIEVED EMPOWERMENT, DIVERSABILITY AND OVERALL SUPREME AWARD AT THE DIVERSITY WORKS AWARDS FOR OUR COMMITMENT TO BUILDING AN INCLUSIVE AND SUPPORTIVE WORKPLACE CULTURE ONE OF THE FIRST LARGE CORPORATE BUSINESSES TO BE GRANTED THE ACCESSIBILITY TICK, ALONGSIDE OUR RAINBOW TICK AND LIVINGWAGE ACCREDITATION

Looking ahead We recognise the community’s focus on the challenges of decarbonisation and climate change, so will continually evolve our approach in order to ensure we invest in these areas.

SUSTAINABILITY

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