- Government policies and/or other interventions designed to limit the impacts of climate change or manage the impacts of Australia's transitioning energy system may have a material impact on AGL’s operations or strategy.
- ESG challenges and capital market perception of carbon risk will remain an ongoing challenge for AGL.
- AGL may not effectively harness new technologies, products or services that support changing customer decarbonisation and electrification needs and expectations.
- Stakeholder trust in AGL is negatively impacted by changing community perceptions and expectations of our contribution to the energy transition.
- Increasing frequency and severity of extreme heat, fire, and storm events impacting the operation of AGL's thermal coal fleet.
- Extended drought periods compromising water security at thermal and hydro assets, impacting asset availability.
AGL Energy Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, AGL Energy Limited disclosed greenhouse gas emissions of 60.08 MtCO2e. By scope: Scope 1: 32.92 MtCO2e; Scope 2: 0.512 MtCO2e; Scope 3: 25.9 MtCO2e. 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
60.08 MtCO2e
2024
Renewable Energy
32.8%
of total energy
📊 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). | 32.92 MtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.512 MtCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 25.9 MtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced operational Scope 1 and 2 emissions by 23.3% in FY24 compared to a FY19 baseline, primarily driven by the closure of Liddell in FY23.
- Liddell Power Station closed in April 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce annual operated Scope 1 and 2 emissions by 17% against a FY19 baseline by FY24
- FY27: 300 MW cumulative customer assets installed behind the meter
- FY27: 1.6 GW decentralised assets under orchestration
- FY27: 2.1 GW new renewable and firming capacity
📅 Medium-term
- Reduce annual operated Scope 1 and 2 emissions by 52% against a FY19 baseline by FY35
- Bayswater Power Station closure between 2030-2033
- 5 GW new renewable generation and firming capacity by 2030
- FY28: 3.5 GW to 4.0 GW new renewable and firming capacity
🔭 Long-term
- Net zero emissions following closure of coal-fired power stations
- Loy Yang A Power Station closure by end of FY35
- 12 GW new renewable and firming capacity by end of 2035
- Net zero Scope 3 emissions by 2050
🌱 ESG Focus Areas
Climate Change