- Security of timber supply to meet customer demand
- Fluctuations in customer demand due to short-term contracts
- Exposure to foreign exchange rate fluctuations
- Potential breach of banking covenants due to decline in operations or financial performance
- Excess system capacity and financial costs for unmet volume commitments
- Risk of product contamination and financial recourse
- Volatility in ACCU price and demand
- Challenges in vessel chartering
- Employee recruitment and retention, particularly in remote regions
- Potential delays or cost overruns in Geelong site redevelopment
Midway Limited ABN 44 005 616 044
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Midway Limited ABN 44 005 616 044 disclosed greenhouse gas emissions of 3.1K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 70 tCO2e/year; Scope 2: 3.7K tCO2e/year. 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.
GHG Emissions
3.1K tCO2e/year (Scope 1 & 2)
2024
Energy Use
18.0K GJ/year
2024
📊 Emissions by Scope (2024)
| 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). | 70 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.7K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 50% reduction in reportable injuries in the past 12 months
- 30% decrease in fuel consumption
- Increased carbon storage of plantation trees to 2.42 million tonnes of CO2-e
🎯 Climate & Sustainability Targets
🔜 Short-term
- Securing additional supply to meet unfulfilled demand
📅 Medium-term
- Continuing to evaluate and develop potential adjacent growth opportunities in carbon emissions offsets and abatement
🔭 Long-term
- Exploring complementary business opportunities which utilise our marketing, plantation management, processing and supply chain management skills
🌱 ESG Focus Areas
SafetyEnvironmentSustainabilityDiversity and InclusionStakeholder EngagementForestry ManagementCarbon SequestrationClimate Change Mitigation