New Corporate Motor Vehicle Policy

According to the Corporation’s Chief Executive Officer, Jeff Coleman the new policy underpins the Corporation’s focus on environmental, social and economic aspects of its business. “Sustainability makes good business sense. This policy will improve the greenhouse performance of our passenger fleet, reduce air pollution and provide greater fuel efficiency. That means we reduce fuel costs, and may also benefit from a better resale value associated with more efficient vehicles,” he says.. Based on the Australian Government’s Green Vehicle Guide, the Corporation’s policy requires its passenger vehicles to meet an environmental standard for both air pollution and greenhouse gas emissions. A minimum Green Vehicle Guide rating of 10.5 out of 20 must be achieved and the greenhouse emissions rating must contribute at least 5 out of 10. The Green Vehicle Guide rating is a sum of two scores, each out of 10: the greenhouse rating that takes into account the fuel efficiency and the fuel type used; and the air pollution rating reflects tailpipe emissions and is based on the emission standard to which the vehicle is certified. This motor vehicle policy is just one of the many initiatives that the Corporation is implementing to reduce the impact of its activities on the environment and community. The Corporation continues to offset 100% of the emissions of its BP Ultimate and BP Autogas fuel purchases for its motor vehicles through BP’s “Greenhouse Friendly” accredited Global Choice programme. In 2006/07, the emissions offset through this programme were equivalent to removing over 130 cars from the road for a year.