50% reduction in scope 1&2 emissions and 25% reduction in scope 3 emissions by 2032 (on a 2017 base year)

Origin’s current medium-term emission reduction
targets have been approved by the SBTi.
We have committed to halve our Scope 1 and
Scope 2 greenhouse gas emissions on an equity
share basis by 2032, from our FY2017 baseline of
18,246 kilotonnes (kt) CO2-e. Emissions reported
on an equity basis captures the emissions relating
to the assets we own, including our generation
fleet and our 37.5 per cent share of Australia Pacific
LNG, which includes the downstream operations
and non-operated areas.
We have also committed to reducing Scope 3
emissions by 25 per cent by 2032 from the FY2017
baseline of 27,451 kt CO2-e. Our SBTi Scope 3
target covers a minimum two-thirds of our total
Scope 3 equity emissions in the baseline. This
Scope 3 target covers all supply chain emissions
incurred within the domestic market, including
the electricity and gas that our Energy Markets
business sells to customers and the Origin equity
gas Australia Pacific LNG sells to domestic
customers. It does not include Australia Pacific
LNG’s LNG exports.
Medium-term equity emissions targets
and performance (kt CO2-e)
30,000
20,000
10,000
0
FY2017
Baseline
FY2018 FY2019 FY2020 FY2021 FY2032
Scope 1 and Scope 2 Scope 3
Origin’s
SBTi
targets
As discussed in more detail in the following
section, in FY2021, our equity Scope 1 and Scope 2
emissions were 16,391 kt CO2-e, a decrease of
eight per cent on FY2021, and 10 per cent lower
than our FY2017 baseline.
Our total Scope 3 emissions reported
under our SBTi-approved emissions reduction
target increased by four per cent in FY2021 to
22,347 kt CO2-e, and were 19 per cent lower
than our FY2017 baseline, largely reflecting lower
output from our owned and contracted generation
resulting in an increase in net electricity purchases
from the NEM and external sources, partly offset
by a reduction in domestic gas sales at Australia
Pacific LNG primarily due to the roll off of legacy
contracts. Further details are provided in the
following section.

The world is rapidly accelerating towards a
lower-emissions future, and we will play an
important role in that transition. We will help
bring to bear the energy and technologies needed
to meet decarbonisation goals, not just for the
energy sector, but also for other sectors across
the economy.
We are progressing the decarbonisation of our
business. In 2017, we became the first company in
Australia to set science-based emissions targets
independently approved by the Science-Based
Target initiative (SBTi). Our medium-term,
SBTi-approved targets cover Scope 1, Scope 2
and Scope 312 emissions. One of the ways we
will achieve our targets is by exiting coal-fired
generation by 2032 or earlier.
We continue to progress work on updating our
existing emissions r