Corporate Report for the year ended 30 June 2022
Introduction and overview
Business performance
Governance and risk
Directors’ report
Remuneration report
Financial statements
Sustainability supplement
Security holder information
Recognitions Global Real Estate Sustainability Benchmark—Infrastructure (2021) Highest-rated listed infrastructure company, 2nd-highest-rated motorway infrastructure company globally Dow Jones Sustainability Index (2021) Member of DJSI World Index, equal 3rd- highest-rated transport company globally CDP (2021) Climate Change ‘Management’ level (B rating) MSCI AAA ESG rating since 2015 FTSE4Good Member of Global Index since 2004 FY22 UN SDG Progress Report Transurban is committed to the UN SDGs, which directly inform our Sustainability Strategy. This report details Transurban’s FY22 progress against the nine UN SDGs that are particularly relevant to Transurban and the associated targets and indicators that apply to our business. We believe more can be done to contribute to the UN SDG targets above and beyond the official indicator set. For this reason, we also list our own, Transurban-specific, indicators and targets
Workplace Gender Equality Agency (Australia) Employer of Choice Citation since 2015 Equileap Rated the 8th-best company globally and 2nd in Australia for gender equality Support the Goals 5-star-rated company for action on the UN SDGs Affiliations GRI Used for our sustainability reporting since 2006 TCFD All recommendations addressed and summarise our performance against these. A summary of our FY22 performance for each of the nine UN SDGs that are particularly relevant to Transurban, and trends towards 29 applicable targets— official and Transurban-specific—are provided in Figure 2 and Figure 3.
United Nations Global Compact Participant since 2009 Infrastructure Sustainability (IS) and Envision major project ratings 8 rated projects to date and 4 project ratings underway SASB Implementing reporting recommendations Science Based Targets initiative (SBTi) Validated greenhouse gas emission reduction targets Business for Societal Impact (B4SI) Measuring and verifying the social impact of our community investment
Figure 2: Summary of FY18-22 progress for UN SDG targets
Target met 23/29
79.3%
Improving 3/29 10.3% Declining 3/29 10.3%
Find our sustainability performance data, including comprehensive UN SDG progress in our Insights Hub , insights.transurban.com
Figure 3: FY22 UN SDG performance summary
Progress to goal
UN SDG Relevance to Transurban
Key FY22 initiatives and highlights
Key FY22 performance metrics (FY18-22 trend/ target status) 1 • RICI; 3.78 (target ≤ 4.25) • Road user fatalities; 3 • Road Safety Action Plan completion rate; 89%
Performance metric comments Performance against RICI continues to improve over time with outperformance in FY22
Ensuring the safety, health and wellbeing of our people and safety of road users is vital to our ongoing success
• Outperformed Road Injury Crash Index (RICI) target • 91% of travel on our roads deemed to be four-star or better by Australian Road Research Board • NeuRA research on motorcycle fuel tank and seating posture injury risks • Continued mental health wellbeing program • Rated 2nd (Australia) and 8th (globally) for gender equality by Equileap • Workplace Gender Equality Agency Employer of Choice for Gender Equality citation 2021–23 • Improved Board gender diversity
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We believe diversity in all its forms—including gender diversity—helps our business perform better
• Board diversity; 73%M/27%F l • Executive diversity; 44%M/56%F • Direct employee diversity; 57%M/43%F 2
Board diversity improved in FY22 with appointment of two new female directors (20% in FY21 to 27% in FY22)
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1 F Y18-22 performance metrics trend: N/A = no data or trend not applicable; a = target met; l = no change; l = improving; l = declining (not all targets are included in Key FY22 performance metrics) 2 Non-binary represents 0.06% of our direct employees
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