Net Zero Operational Emissions by 2030
Our role in the transition to a lower carbon world.
NCIG is an energy-intensive business. We recognise the critical challenge the world faces in responding effectively to the risks of climate change, and the importance of a transition over time to a lower carbon-intensive economy. Many countries, including Australia, have committed to emission reduction targets. These targets align with the Paris Agreement, as evidenced in their Nationally Determined Contributions (NDCs). As an Australian business, we are committed to operating as sustainably as possible. We are actively working to reduce the greenhouse gas emissions within our direct control.
We acknowledge that the pace of global decarbonisation efforts is uncertain. It will take time. Coal will remain part of the global energy mix for some time. Meanwhile, a mixture of cleaner energy forms and innovative technologies, will be imperative to meeting net zero commitments.
The coal NCIG handles on behalf of our customers will play an important role in this transition. This is especially true for Asian economies. Coal will help to ensure energy continuity, affordability and reliability. This enables their social development ambitions to be met during this period. Our planning uses a range of plausible and internationally recognised climate-related risk scenarios. These scenarios help us to periodically assess future demand for thermal coal and our customers’ subsequent demand for our services.
NCIG is committed to achieving Net Zero operational emissions by 2030, through a focus in reducing Scope 1 and 2 emissions. We have released a Net Zero Transition Plan that outlines our focus areas and includes an action plan showing the current and future initiatives that will support our ambitious goal. Initiatives like our Fleet Electrification project, our employee-lead Energy Management Working Group and ongoing pursuit of our Sustainability Targets, are all contributing to our progress towards achieving Net Zero operational emissions by 2030.