Emerald Resources NL has released its FY26 Sustainability Report, detailing greenhouse gas emissions, energy consumption metrics, and climate-related risk management processes. The report outlines the Group’s environmental management system, which tracks energy use and greenhouse gas (GHG) emissions from operational, exploration, and corporate activities.
Material actions and disclosures
The Group’s emissions reporting boundaries include direct greenhouse gas emissions from fuel combustion, process emissions, and fugitive emissions (Scope 1), together with indirect emissions associated with purchased electricity consumed at controlled operations (Scope 2). For FY26, total emissions across all operations were 111,328.06 tCO₂e, with emissions intensity at 0.89 tCO₂e per metric ounce of gold produced.
Emerald’s Phnom 1500 Carbon Offset Reforestation Project in Cambodia has planted more than 170,000 indigenous trees across almost 200 hectares to restore degraded habitat and support biodiversity and carbon sequestration. The Group sets funds aside annually to support future carbon-offset programs, with US$365,000 provisioned in FY26.
The Group’s climate risk register is updated at least annually and supported by periodic reviews where required, including in response to changes in operating conditions, regulatory developments, or emerging climate-related information. The Board reviews and approves the Group’s climate risk register biennially as part of the Group’s enterprise risk management process.
Forward commitments
Emerald is committed to carbon-neutral operations over the life of its projects. While a formal emissions reduction target and target date have not yet been established, management monitors greenhouse gas emissions, emissions intensity, energy consumption, and other relevant climate-related metrics to support future target setting and ongoing performance assessment. An independent review will be undertaken in FY27 to assess the Phnom 1500 Carbon Offset Project’s carbon sequestration potential and projected carbon capture over its remaining life.
The Group will continue to assess its approach to setting appropriate targets, taking into account the nature of its operations, project life cycles, and evolving regulatory and stakeholder expectations.
Emerald’s journey towards carbon neutrality is underpinned by the Group’s Carbon Policy Statement, which aims to achieve carbon-neutral operations over the life of its projects. The Group’s focus is on improving the accuracy and completeness of emissions data, enhancing internal systems to support climate-related reporting, identifying opportunities to improve energy efficiency and reduce emissions, and monitoring changes in climate-related regulation and market expectations.