1 00:00:01,040 --> 00:00:03,680 Speaker 1: You're listening to a Shears These podcast. 2 00:00:04,080 --> 00:00:06,240 Speaker 2: You've had a really strong track. Lookt I guess on 3 00:00:06,400 --> 00:00:10,560 Speaker 2: sustainability and you know, talking about it and being you know, 4 00:00:10,800 --> 00:00:13,800 Speaker 2: reporting about what you're doing. I mean, yeah, there been 5 00:00:13,800 --> 00:00:16,759 Speaker 2: any interesting surprises that have come out of that work 6 00:00:16,800 --> 00:00:18,239 Speaker 2: for you? And what do you see the kind of 7 00:00:18,320 --> 00:00:21,840 Speaker 2: key challenges for mainfreight in terms of that sustainability picture. 8 00:00:22,720 --> 00:00:25,000 Speaker 1: Well, I think the interesting thing is that we haven't 9 00:00:25,040 --> 00:00:27,760 Speaker 1: actually got on our soapbox and shouted about what we 10 00:00:27,840 --> 00:00:31,120 Speaker 1: did from a sustainability point of view. If you look 11 00:00:31,120 --> 00:00:34,199 Speaker 1: at what Bruce did in the early days, he was 12 00:00:34,280 --> 00:00:38,920 Speaker 1: always recycling wooden palettes and plastick and the likes in 13 00:00:38,960 --> 00:00:42,680 Speaker 1: each of the facilities. And then he found a water 14 00:00:42,760 --> 00:00:45,239 Speaker 1: tank light which was an old milk tank lying on 15 00:00:45,280 --> 00:00:49,080 Speaker 1: the side of the road and thought about recycling water 16 00:00:49,159 --> 00:00:52,000 Speaker 1: off the roof. And today that's a big part of 17 00:00:52,080 --> 00:00:54,520 Speaker 1: what we do with our new facilities. If you think 18 00:00:54,520 --> 00:00:58,840 Speaker 1: about the new sites and Dannyong, the new site in Adelaide, 19 00:00:58,880 --> 00:01:02,280 Speaker 1: the sort of eight to eighty five off grid for 20 00:01:02,840 --> 00:01:06,680 Speaker 1: solar power and water, and the new sites in Dallas 21 00:01:06,760 --> 00:01:10,720 Speaker 1: and Chicago are exactly the same. Mind you, the Texans 22 00:01:10,720 --> 00:01:13,200 Speaker 1: thought that we were nuts putting solar on the roof 23 00:01:13,360 --> 00:01:16,120 Speaker 1: when they're pointing to the ground saying that's where the 24 00:01:16,200 --> 00:01:19,640 Speaker 1: gas is. But it's our view about what we can 25 00:01:19,680 --> 00:01:22,560 Speaker 1: do and what we can control in terms of sustainability. 26 00:01:22,600 --> 00:01:26,399 Speaker 1: And if we had had more companies, particularly here in 27 00:01:26,440 --> 00:01:29,080 Speaker 1: New Zealand, that actually recycled the water off their roof, 28 00:01:29,120 --> 00:01:31,640 Speaker 1: we wouldn't have a problem with shortage of water during 29 00:01:31,720 --> 00:01:36,520 Speaker 1: drought years. Anyway, for us, there's plenty of challenges. I mean, 30 00:01:36,520 --> 00:01:43,280 Speaker 1: we are running electric vehicles around town in some of 31 00:01:43,319 --> 00:01:46,080 Speaker 1: the major cities in New Zealand and Australia, but we 32 00:01:46,120 --> 00:01:50,960 Speaker 1: can't get electric vehicles to run efficiently long haul. You know, 33 00:01:51,040 --> 00:01:54,560 Speaker 1: we're still waiting on Tesla's long haul vehicle to operate 34 00:01:54,640 --> 00:01:56,680 Speaker 1: in the States. I think we've had an order place 35 00:01:56,800 --> 00:02:00,880 Speaker 1: now for three years. Still nothing on the horaz. We've 36 00:02:00,920 --> 00:02:05,160 Speaker 1: got two electric trucks to what they call drage off 37 00:02:05,160 --> 00:02:08,760 Speaker 1: the wholf in Long Beach. We've been waiting six months 38 00:02:08,760 --> 00:02:11,040 Speaker 1: for it and it's just been for both of them 39 00:02:11,080 --> 00:02:14,320 Speaker 1: and they've been delayed another month. So it's frustra that's 40 00:02:14,320 --> 00:02:16,919 Speaker 1: frustrating for us because we would like to be more 41 00:02:16,919 --> 00:02:20,600 Speaker 1: efficient in terms of sustainability across the supply chain for 42 00:02:20,639 --> 00:02:23,600 Speaker 1: our customers. I think the other interesting thing is the 43 00:02:23,720 --> 00:02:27,639 Speaker 1: legislation that's changing in Europe. If you are a company 44 00:02:27,680 --> 00:02:31,840 Speaker 1: that owns or employees two hundred people or more, you 45 00:02:32,040 --> 00:02:36,079 Speaker 1: have to report your emissions carbon emissions from next year on. 46 00:02:36,720 --> 00:02:40,800 Speaker 1: It's a legal requirement. And therefore what we've done and 47 00:02:40,840 --> 00:02:45,160 Speaker 1: what we've reporting is turning heads in terms of customers 48 00:02:45,200 --> 00:02:49,880 Speaker 1: and looking to I suppose supply chain experts like ourselves 49 00:02:50,120 --> 00:02:53,240 Speaker 1: who are taking sustainability seriously, so. 50 00:02:53,240 --> 00:02:54,640 Speaker 2: It becomes a key selling point. 51 00:02:54,680 --> 00:02:57,480 Speaker 1: You think there is absolutely no doubt. And in fact, 52 00:02:58,600 --> 00:03:01,120 Speaker 1: a sales call we made in in New York a 53 00:03:01,200 --> 00:03:05,480 Speaker 1: couple of months ago, we produced our sustainability report on paper, 54 00:03:06,280 --> 00:03:10,040 Speaker 1: the most sustainable paper we can find, and place that 55 00:03:10,160 --> 00:03:13,000 Speaker 1: on the table with the managing director of that business 56 00:03:13,040 --> 00:03:15,080 Speaker 1: and he picked it up, flick through it and said, 57 00:03:15,160 --> 00:03:18,520 Speaker 1: this is exactly what we're looking for. And one month 58 00:03:18,600 --> 00:03:21,840 Speaker 1: later they've awarded the ocean freight out of Germany to 59 00:03:21,960 --> 00:03:26,200 Speaker 1: US into the United States. So clearly it strikes accord 60 00:03:26,320 --> 00:03:30,160 Speaker 1: with our potential customers and we're winning business. As a consequence, 61 00:03:30,560 --> 00:03:34,280 Speaker 1: investing involves risk, you might lose the money you start with, 62 00:03:34,760 --> 00:03:38,560 Speaker 1: we recommend talking to a licensed financial advisor. We also 63 00:03:38,600 --> 00:03:42,480 Speaker 1: recommend reading Product of sclosure documents before deciding to invest.