In recent years, the world’s collective understanding of climate change, how it will impact all parts of society and what must be done to respond to current and future threats has developed enormously.
COP26 brought together 120 world leaders and resulted in new global climate agreements; the Intergovernmental Panel on Climate Change (IPCC) published updates from Working Groups I's and II's contributions to the Sixth Assessment Report, furthering our understanding of the likely physical impacts and vulnerabilities of climate change; the initiative developed the first corporate Net-Zero Standard; and climate risk disclosures have started to become a mandatory business requirement in some countries.
Climate Action Plan (PDF, 14.5 MB)
(Digital)
ÍøÆسԹϺÚÁÏÒ»Çø¶þÇøÈýÇø Carbon Neutrality Commitment: PAS 2060 Qualifying Explanatory Statement (PDF, 1.7 MB)
ÍøÆسԹϺÚÁÏÒ»Çø¶þÇøÈýÇø has also made significant progress, meeting our initial climate action goals, achieving carbon neutrality and adopting – while setting science based targets in the process. We introduced carbon pricing on corporate business travel, undertook a global climate risk disclosure analysis, improved our corporate ESG ratings and engaged extensively in business events at COP26.
Building on these achievements and coupled with our new company strategy that elevates Climate Response as one of three accelerators fundamental to business growth over the FY 2022-2024 strategy period, we have set new, ambitious climate commitments:
1. Ensure every project becomes a climate response opportunity
2. Achieve Net-Zero greenhouse gas emissions across the value chain by 2040
3. Maintain carbon neutrality status and 100% low-carbon electricity for our operations
We will meet these commitments and will continually enhance our approach to climate mitigation and adaptation in a way that is fair, just and equitable for all.
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In the Media
- Business in the Community:
- GreenBiz:
- edie's Net-Zero Week podcast:
- The Guardian: