Planet
Our 2030 strategic direction demonstrates a clear focus on our Planet pillar, where we aim to nurture nature and reduce our negative impacts to net zero.
To achieve this goal, three key areas of focus are important – Zero Carbon Operations, Nature Positive, and Eliminating Waste.
OUR GOALS
ZERO CARBON OPERATIONS Achieve net zero carbon operations (scopes 1 & 2) By 2025
NATURE POSITIVE
Contributing to the restoration and conservation of the natural environment in our key markets From 2024
ELIMINATE WASTE
We will send zero waste to landfill and eliminate single use plastic from our packaging. By 2027
NATURE RESTORATION.
Planting trees is one of the simplest, yet most critical initiatives that aids in improving air quality, sequestering carbon, preventing soil erosion, and providing biodiverse habitats. For every or every lab-grown diamond piece sold, Michael Hill has partnered with veritree to support global reforestation efforts. With your help, we have committed to planting one million trees throughout Australia, New Zealand, and Canada. Our goal is to reach this milestone by 2030.
Energy Efficiency and Zero Carbon Operations
We have committed to achieving net zero greenhouse gas emissions from our own operations (Scope 1 and 2 emissions) by the end of 2025.
Our Head office in Brisbane and 100% of our Australian and New Zealand store network have transitioned to zero emission sources that support renewable energy generation.
To support this focus on renewables, our head office building also operates a 99KW solar panel system in accordance with Australian Standard AS5033 by the Clean Energy Council. During this financial year, our Base Building achieved a 5-star Energy rating (Excellent) with the National Australian Built Environment Rating System (NABERS). A NABERS Energy rating looks at a building’s energy efficiency and helps to track our performance against our sustainability commitments.
SUSTAINABLE PACKAGING
We have committed to eliminating single use plastic from our packaging by 2027. We are already implementing initiatives to make our packaging more sustainable and to reduce the amount of packaging that ends up in landfill. Published as part of our annual reporting requirements in Australia, see our latest annual report and action plan here for more detail on the commitments we have made on our sustainable packaging journey.