Low carbon economy

Climate change is one of the most pressing issues of our time. As a leading provider of novated leasing and fleet management services, we are in a unique position to help our customers reduce their impact on the environment and transition to a low carbon future. 
 

Supporting customer uptake of Electric Vehicles

Facilitating novated leasing and fleet transition to electric vehicles is a key focus for MMS and one way we contribute towards a low carbon economy. 

We implement initiatives aimed at providing a compelling EV product offering and education for our novated and fleet customers to help them make informed sustainable decisions such as: 

• Environmental performance reporting to fleet customers.
• Providing vehicle emissions intensity ratings on vehicle quotations (novated leases, fleet leases for passenger and light commercial vehicles).
• Driving awareness of the option to offset vehicle carbon emissions through our two partners Ampol and Greenfleet.
• Educational programs to reach our clients and customers via online, social media and direct mail as well as EV trials.
• Through our collaboration with National Automotive Leasing and Salary Packaging Associates (NALSPA) and the Electric Vehicle Council (EVC), we continued to work with our industry partners and policy makers to increase awareness of how current policies have impacted demand for EVs and share data and learnings to inform future policy. 

Our direct impact on the environment primarily relates to the operation of our offices and car yards.  

Our FY25 GHG emissions reporting is aligned with the first-year reporting requirements of the Australian Sustainability Reporting Standard AASB S2 Climate-related Disclosures (AASB S2) for entities to report their scope 1 and 2 emissions and obtain Limited Assurance over these disclosure requirements. For the second consecutive year MMS has obtained independent Limited Assurance for its measured scope 1 and scope 2 GHG emissions. 

This year we saw our measured net GHG scope 1 and scope 2 emissions reduce by 16% from FY24 and achieved the following: 

• All our controllable sites are powered by 100% Greenpower or renewable electricity [see note 1]
• 54% of our internal company car fleet are EVs
• Achieved an average 5-star NABERS energy rating for our corporate leased office space [see note 2]
• Offset our scope 1 and 2 emissions and for the first time offset emissions associated with our business travel flights (scope 3). 

Read more about how we’re supporting the transition to a low carbon economy read our FY25 Sustainability Report.

1. Controllable sites are where MMS can choose the electricity provider using the existing building infrastructure.
2. Includes all MMS corporate offices with 30 or more people (excludes Perth, Raymond Terrace and Just Honk car yards). In FY25 it excludes MMS’ Adelaide office due to building works which required our people to work from home for extended periods.