- Global skills and supply challenges, unprecedented pressure on supply chains and a broad shortage of skilled workers.
- Social licence challenges around the potential impacts of major transmission projects and affordability pressures for consumers.
- Rapid technology landscape changes and evolving electricity supply and demand profiles.
NSW Electricity Networks Operations Pty Limited (ACN 609 169 959) as trustee for the NSW Electricity Networks Operations Trust (ABN 70 250 995 390) and NSW Electricity Networks Assets Pty Limited (ACN 609 169 922) as trustee for the NSW Electricity Networks Assets Trust (ABN 45 710 374 720)
Greenhouse gas emissions & sustainability report data
In its 2021-07 to 2022-06 reporting, NSW Electricity Networks Operations Pty Limited (ACN 609 169 959) as trustee for the NSW Electricity Networks Operations Trust (ABN 70 250 995 390) and NSW Electricity Networks Assets Pty Limited (ACN 609 169 922) as trustee for the NSW Electricity Networks Assets Trust (ABN 45 710 374 720) disclosed greenhouse gas emissions of 1.7M tCO2e. By scope: Scope 1: 172 tCO2e; Scope 2: 1.7M tCO2e; Scope 3: 260.3K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📊 Emissions by Scope (2021-07 to 2022-06)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 172 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.7M tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 260.3K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a 4-star GRESB Infrastructure ESG Benchmark rating with a score of 93/100, ranking third out of nine electricity transmission companies globally.
- Transitioning pool passenger vehicle fleet to full electric and hybrid vehicles, reducing emissions by more than 80% when complete.
- Implemented controls to minimize waste sent to landfill, including reuse of redundant timber poles, recycling of aluminum, and working with a textile recycling company.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 emissions by 60% by 2030 (compared to 2021 base year) and net zero by 2040.
- Reduce Scope 3 emissions from Purchased Goods and Services, and Capital Goods by 48% per $M spend by 2030 (compared to 2021 base year) and net zero by 2050.
- Lead the implementation of a transmission system capable of operating at 100% instantaneous renewable generation by 2025.
📅 Medium-term
- Reduce total energy consumed by Transgrid office and depots by 15% by 2028.
- Identify further habitat to be enhanced or restored by 2025.
- Obtain an Infrastructure Sustainability Design and As-Built Rating of Excellent for Project EnergyConnect.