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Of suppliers have completed ESG data
Pacific National, Australia's largest private rail freight operator, has partnered with Avetta to implement a robust ESG reporting platform.
This strategic move aims to streamline and standardize Environmental, Social, and Governance (ESG) reporting across its extensive supplier network. By leveraging Avetta's platform, Pacific National enhances visibility into supplier ESG practices, facilitating more informed decision-making and supporting its commitment to sustainability and responsible procurement.
Pacific National had limited visibility into its suppliers’ ESG reporting. As there were no set legislative requirements, they had limited question sets for ESG. However, Pacific National wanted to stay ahead of the curve by taking a transparent approach with suppliers to participate in ESG strategies and initiatives.
To address this, Pacific National sought a seamless transition using a single platform to prevent overburdening their supply chain. And this is where Avetta stepped in. At this point, Pacific National had already been working closely with Avetta for over two years and had experienced significant business value through its offerings. With their extensive industry knowledge and domain expertise, Avetta was the perfect partner to guide the company in achieving ESG reporting visibility and partner with suppliers to participate in various ESG strategies and initiatives.
Pacific National partnered with Avetta to implement a robust process to ensure supplier commitment and disclosure in areas related to ESG. They started partnering with their Tier 1 and Tier 2 suppliers and were quickly able to proceed with their Tier 3 and Tier 4 suppliers.
Using a set of globally tried and trusted best practices, Avetta was able to provide insights into the maturity of the supply chain with regards to ESG practices and scope 3 emissions. This is allowing Pacific National to report on and better understand the impact of their supply chain. By collecting this data that they historically had no visibility into, Pacific National is now able to gain a more complete view of their supply chain.
Avetta has helped improve the visibility of supplier ESG performance by making data available. So far, more than 79% of Pacific National’s 599 suppliers have filled out ESG data. Moreover, the data on greenhouse gas emissions has been collected.
Avetta has simplified the process of ESG reporting for Pacific National’s suppliers, reducing both time and effort. This has resulted in heightened interest from suppliers and Pacific National was able to use a comprehensive calculator for their emissions through Avetta’s partnership with Sustain.Life. Pacific National wants to mandate this ESG process for
their supply chain.
Avetta’s centralised platform has enabled Pacific National to communicate with suppliers seamlessly regarding matters related to ESG, thereby mitigating supply chain risks.
Pacific National have the ability to filter the collected ESG data by Tiers, thereby understanding quickly who has/has not completed the data and what their ESG maturity is.
“We’re still at the starting point on engaging with suppliers on ESG performance but by seeing some of the analytics we are going to be able to source some useful information. Understanding and using this information will be vital for us in reaching our ESG goals.”
– Penny Ovenden, Procurement Governance Specialist, Pacific National
Pacific National, Australia's largest private rail freight operator, employs over 3,400 staff and operates more than 580 locomotives across 70+ locations, serving 340+ customers across industries like energy, manufacturing, agriculture, and freight-forwarding. Committed to sustainability, the company is adopting a strategic approach to reduce its carbon footprint and enhance transparency on Environmental, Social, and Governance (ESG) matters.
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