Information subject to assurance We have performed an engagement to provide limited assurance that nothing has come to our attention that would lead us to believe Vector’s carbon emissions baseline totals (‘Carbon Baseline’) presented in Vector’s Annual Report, has not been prepared, in all material respects, in accordance with the GHG Protocol for the year ended 30 June 2019. Criteria The scope of our limited assurance services was Vector’s Carbon Baseline prepared in accordance with the GHG Protocol and presented in Vector’s Annual Report for year ended 30 June 2019. The operations included in the scope were those deemed by Vector to be within their current operational control boundary. The scope of our services excluded greenhouse gas emissions outside of the reporting period and outside of Vector’s designated control boundary. Standards we followed We conducted our limited assurance engagement in accordance with International Standard on Assurance Engagements (New Zealand) 3000 (Revised) Assurance Engagements other than audits or reviews of historical financial information and International Standard on Assurance Engagements (New Zealand) 3410 Assurance Engagements on Greenhouse Gas Statements. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. In accordance with those standards we have: — used our professional judgement to plan and perform the engagement to obtain limited assurance that the Carbon Baseline is free from material misstatement, whether due to fraud or error — considered relevant internal controls when designing our assurance procedures, however we do not express a conclusion on the effectiveness of these controls; and — ensured that the engagement team possess the appropriate knowledge, skills and professional competencies. The procedures performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for a reasonable assurance engagement. Consequently the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a Our report should not be regarded as suitable to be used or relied on by any party’s other than Vector for any purpose or in any context. Any party other than Vector who obtains access to our report or a copy thereof and chooses to rely on our report (or any part thereof) will do so at its own risk. To the fullest extent permitted by law, we accept or assume no responsibility and deny any liability to any party other than Vector for our work, for this independent limited assurance report, or for the conclusions we have reached. Our report is released to Vector on the basis that it shall not be copied, referred to or disclosed, in whole (save for Vector's own internal purposes) or in part, without our prior written consent. Directors’ responsibility for the Carbon Baseline The Directors of Vector are responsible for the preparation and fair presentation of the Carbon Baseline, presented in the Annual Report, in accordance with the GHG Protocol. This responsibility includes such internal control as the directors determine is necessary to enable preparation of a Carbon Baseline that is free from material misstatement whether due to fraud or error. reasonable assurance engagement been performed. Restriction of distribution and use
97 ―
Made with FlippingBook HTML5