3. Adopting a science-based reduction target
This target will see the emissions intensity of the energy we deliver through our fuel and generation portfolio reduce over time. Origin is the leading investor in gas-fired generation in Australia, no interests in brown coal-fired generation and a plan to retire our single, black coal-fired power station sometime in the 2030s. We have also invested in wind, solar, geothermal and hydro and will keep reducing our emissions intensity over time.
4. Setting measures to factor in a cost of carbon
Setting measures to factor in a cost of carbon to materially affectinvestment decisions to drive down greenhouse gas emissions. We also support carbon pricing as one measure to mitigate climate change.
5. Becoming Australia’s leading renewable and low carbon energy provider
By helping customers to procure electricity from renewable sources and to procure 100 per cent of electricity from renewable sources for Origin office premises and, where possible, other operations by 2050 – we want to empower customers to contribute to a lower emissions future, with nearly 400,000 customers with rooftop solar, 255,000 GreenPower customers and a foothold in exciting developments like electric vehicles and battery storage.
6. Reducing short-lived climate pollutants
Origin has partnered with the CSIRO through the Gas Industry Social and Environmental Research Alliance (GISERA) to improve scientific understanding of fugitive emissions and is working to improve how we measure and report methane emissions with a view to reducing these over time.
7. Removing commodity-driven deforestation from all supply chains by 2020
We are working towards deforestation-free procurement and ensuring that what we purchase for the business is sustainably produced.