Twenty-five major national companies sign up for emission disclosures pilot
The major companies from across the economy have opted into the Corporate Emissions Reduction Transparency (CERT) report pilot.
The Corporate Emissions Reduction Transparency report (CERT) supports climate-related disclosures by Australian companies covered by the National Greenhouse and Energy Reporting (NGER) scheme and gives investors, shareholders and the public a clearer picture of action taken by companies to reduce net emissions.
The commitment of the 25 companies is a significant step forward in supporting transparency and consistency of net emissions reporting and the gathering of information on voluntary emissions reduction commitments now being adopted in the corporate sector.
The companies from the energy, manufacturing, mining, retail, financial, construction and research sectors represent over 25 percent of Australia’s annual greenhouse emissions reported to the Clean Energy Regulator.
The CERT report will provide a clear picture of a company’s net as well as gross emissions, including their carbon offsets and percentage of renewable energy use, in a consistent manner. This data will be presented alongside their public commitments to reduce emissions or increase renewable electricity.
Chair of the Clean Energy Regulator David Parker said the companies that have opted into the CERT report pilot are demonstrating leadership for being open and transparent about their efforts to tackle greenhouse gas emissions.
“We are fortunate that the 25 companies participating in the pilot represent a cross-section of Australia’s economy as it will allow us to test and refine the full breadth of the CERT framework.
“These companies have chosen to participate because they see this new reporting framework as useful to their business. It will also help these companies demonstrate to their customers and the Australian public, how they are tracking with their commitments.
“I expect participants will bring forward a range of perspectives and practices and know that other companies wish to stay engaged on CERT. I am confident that many more companies will be willing to sign up to the CERT report in future years,” Mr Parker said.
In addition to companies opting in at this pilot stage a large number of companies have expressed interest in the outcomes of the pilot and may opt in at a later date.
The first CERT report will be released in the second quarter of 2022.
Companies participating in the CERT report pilot include:
- AGL Energy Ltd
- Alinta Energy (Pioneer Sail Holdings)
- Aurizon Ltd
- Boral Ltd
- Coles Group Ltd
- Commonwealth Bank of Australia
- CSIRO
- Downer Group
- Fletcher Building (Australia) Pty Ltd
- Fortescue Metal Group Ltd
- JBS Australia
- Lendlease Group
- Lion Pty Ltd
- Mirvac
- National Australia Bank
- Orica
- Santos Ltd
- South32
- Stockland Corporation Ltd
- Transurban Holdings
- Westpac
- Woodside Energy Ltd
- Woolworths Group
