2022 Corporate Report

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

Managing our water and waste Responsibly managing groundwater and stormwater at our assets—and ensuring we release clean water back into creeks and waterways—is fundamental to minimising our environmental impacts. We are developing a water strategy to standardise our approach to water consumption and promote beneficial reuse of water across our Australian assets. Water analyses were conducted for each operational asset across our Australian markets to identify water use trends. These analyses informed opportunities to reduce water consumption and for potable water replacement across various assets, which will be further investigated and reviewed for implementation over the coming years. The strategy has also considered water-saving initiatives implemented on our recent major projects. The strategy aligns with UN SDG 6 (Access to water and sanitation), an important, but not material UN SDG for Transurban and benchmarks water savings in line with the Infrastructure Sustainability Rating scheme.

Air quality

In February 2022, we also released our Eco-driving Trial Industry Report that outlined the findings of a trial (run in partnership with technology business GOFAR), using an in-vehicle device to monitor driving behaviour. Travelling almost 740,000 kilometres, trial participants achieved a 5.5% reduction in fuel and GHG emissions. The trial showed small changes to the way you drive can have a significant impact on the environment and fuel consumption. As a follow-up to the trial, in May 2022 we worked with GOFAR who ran a promotion for Linkt customers to win one of 200 GOFAR devices.

We are vigilant about maintaining high air-quality standards within our tunnels and, in turn, local communities. Our roads and tunnels are designed to reduce the impact of vehicle emissions as much as possible and we monitor and report on air-quality levels to ensure compliance with strict air quality regulations. Generally, air quality in our tunnels is well within the annual limits set by environmental agencies. We monitor in-tunnel conditions, ventilation outlet emissions, and ambient air quality around tunnel portals. For tunnel projects, we also monitor air quality around project sites to understand local conditions. This helps us understand local air quality changes once a tunnel opens. We regularly publish air-quality data from our road projects and tunnels publicly on our customer website, linkt.com.au.

Read our eco-driving report at transurban.com/ecodriving

Acknowledging the significant role that electric vehicles (EVs) will play in tackling GHG emissions, we have developed initiatives to raise awareness of their benefits and to dispel consumer concerns such as the

availability of charging stations. In June 2022, we launched an EV

 See our air quality data in our Insights Hub , insights.transurban.com

experience program, where customers are test driving a Nissan LEAF for up to 10 days and documenting their experiences to dispel myths and promote the benefits of owning an EV. The program is running initially in Victoria and finishes in December 2022. We also gave away two EVs as main prizes in competitions encouraging Linkt customers to get vaccinated against COVID-19. Read more on page 52. We are transitioning parts of our own fleet to hybrids, and ultimately, EVs. In FY22, we purchased our first EV which is used by our HSE team in the US. We also purchased six plug-in hybrid electric vehicles for our Brisbane and Sydney operations teams. Our incident response teams in Melbourne have been equipped with batteries and chargers to address EV incidents. In Montreal, we are collaborating with the Government of Quebec to exempt registered

Customer vehicle emissions By choosing our roads over alternate routes, drivers are saving an average of 27% in GHG emissions. 2 Vehicle emissions are a significant contributor to GHG emissions. Customer emissions are not formally within our control—or included in our indirect Scope 3 targets—but we are determined to help our customers drive more sustainably and reduce their impact on the environment. We implemented a series of educational campaigns to show customers how they can drive more economically and reduce GHG emissions and fuel use using eco-driving techniques. Eco-driving skills can also have a multiplier effect. While we operate less than 1% of the total urban roads in our markets, if we can empower our customers to use eco- driving techniques on our roads, they’re likely to apply them across the broader road network, reducing overall network emissions.

 Read more in our Insights Hub , insights.transurban.com

Waste management In late FY22, we set targets to divert waste from landfill for major projects and operating assets in Australia. In FY23, we will be adding targets for minor capex works and Transurban- controlled offices.

Major projects

EVs from paying tolls on the A25. This program will be in place until 2024.

95% construction and demolition waste diverted from landfill

95% spoil waste diverted from landfill 1

 Read more about our sustainability initiatives with our business partners and suppliers (page 62 )


80% operational and maintenance waste diverted from landfill by 2025

1 U nless required by government regulations to be disposed to landfill 2 Transurban internal calculation based on vehicle type, distance travelled and COPERT emission modelling tool. Read more in our Insights Hub


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