Our reporting approach

We're committed to transparent disclosure of material information.

Our approach

The Qantas Group is committed to transparent reporting to demonstrate how we're creating shareholder value, delivering on our strategy, laying foundations for long-term sustainability and making a positive impact in the communities we serve.

In disclosing our financial and non-financial performance, we comply with ASIC regulations, ASX rules and broader global reporting standards.

Our Group Financial Framework aligns our strategy and key performance metrics with long-term shareholder goals, enabling consistent, year-on-year comparisons. We report our progress against the framework goals through half-year and full-year results announcements, quarterly trading updates, our Annual Report, our annual Sustainability Report, our Annual General Meeting, Investor Days, other ad hoc investor presentations and this Qantas Group Site.

Sustainability reporting

Our 2022 Sustainability Report (PDF)Opens external site in a new window is aimed at providing our stakeholders with information about our key sustainability risks and opportunities, how we're managing these and how we're progressing against our targets. It's structured to align with our Sustainability Framework, released in March 2022. The Report Appendix (xls)Opens external site in a new window provides details on how we're aligning with global frameworks and commitments.

Materiality

The Qantas Group has assessed the sustainability issues and opportunities that matter most to our stakeholders and where Qantas can have the most impact. These issues and opportunities also inform our Sustainability Framework. The assessment included a review of peer reports; issues being raised by investors, analysts, Non-Government Organisations and benchmarking organisations; and issues being raised internally.

Global frameworks and commitments

Global Reporting Initiative

Our 2022 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option. The GRI Content Index for this Report, which also contains our alignment with the United Nations Global Compact (UNGC) Principles and the UN Sustainable Development Goals (SDGs), is available in the Report Appendix.

United Nations Global Compact

The ten principles of UNGC are derived from the Universal Declaration of Human Rights, the International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations (UN) Convention Against Corruption. Qantas joined the UNGC in 2017.

Our FY22 Sustainability Report serves as our Communication on Progress on how we are implementing the UNGC’s principles and supporting its broader development objectives in the areas of human rights, labour, anti-corruption and the environment.

United Nations Sustainable Development Goals

The 17 UN SDGs are part of the UN's 2030 Agenda for a better future for people and the planet. Qantas Group’s Sustainability Framework is aligned with and supports the achievement of the UN SDGs. 

Task Force on Climate-related Financial Disclosures

The Financial Stability Board (FSB) created the Task Force on Climate-related Financial Disclosures (TCFD) to develop recommendations on the information companies should disclose related to climate change. Qantas Group publicly declared our support for the TCFD and its recommendations in December 2017. We have used the recommendations of the TCFD to structure the climate action section of the FY22 Sustainability Report (pages 16 to 26). More detail on how the Qantas Group is aligned with each specific TCFD recommendation can be found in the Report Appendix.

Climate Action 100+

Climate Action 100+ is an investor-led initiative, focused on companies it views as key to driving the transition to global net zero emissions. Qantas is one of 166 focus companies selected for engagement. Qantas engages with the Climate Action 100+ and the climate change section of this Report is aimed at supporting its annual benchmark.