Genus has set a 36% reduction target for Scope 1 and 2 GHG emissions by 2030, with a minimum 6% year-on-year reduction, as part of its strategic ambition to deliver projects that enable a more resilient Australia and responsibly manage its own impact. The company’s GHG emissions inventory for 2026 shows a total of 15,267 metric tonnes of CO2 equivalent (tCO2-e) for Scope 1 and 792.45 tCO2-e for Scope 2 emissions.
Material Actions and Disclosures
Genus has adopted the ‘equity share’ approach and boundary under the GHG Protocol for its emissions calculations. The company measures emissions in accordance with the GHG Protocol: Corporate Accounting and Reporting Standard (2004) and applies emission factors derived from the Australian National Greenhouse Accounts Factors (NGA Factors) 2025.
Genus has also engaged with key suppliers to assess their GHG emissions reduction strategies and initiatives, aiming to establish further targets and refine procurement processes. The company is committed to reducing its Scope 1, 2, and 3 GHG emissions and avoiding the use of carbon credits.
Forward Commitments
The company has established a Climate Transition Plan (CTP) and an ESG strategy, overseen by the CFO and GGM – SHEQ. The GHG emissions target setting and review are led by the GGM – SHEQ and approved by the MD, with oversight from the Board. The company uses a year-on-year GHG emissions reduction target of 6% for Scope 1 and 2 GHG emissions to track ongoing progress.