GrainCorp has disclosed its FY26 greenhouse gas emissions and outlined its near-term and long-term decarbonisation targets, validated by the Science Based Targets initiative. The company reported absolute Scope 1 and 2 emissions of 104,633 tCO₂-e, marking a 9.5% reduction from the FY22 base year of 115,608 tCO₂-e.
Material actions and disclosures
GrainCorp’s FY26 emissions are disclosed in accordance with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard. For Australian operations, the measurement methods and emission factors prescribed under the National Greenhouse and Energy Reporting (Measurement) Determination are applied, providing consistency with regulatory reporting and internal data systems.
The company’s Scope 1 and 2 emissions are calculated from measured or invoiced fuel and energy quantities and from activity data recorded at site level. Scope 2 emissions are calculated from metered and invoiced electricity consumption, applying grid average emission factors for the location-based figure.
GrainCorp’s Scope 3 emissions are not disclosed for FY26 under transitional relief, as per the Sustainability Report. The company plans to disclose Scope 3 emissions from FY27 onwards.
Forward commitments
GrainCorp has set near-term and long-term emissions reduction targets, validated by the Science Based Targets initiative. The near-term target is a 42% reduction by FY30, while the long-term target is a 90% reduction by FY50, both in absolute terms.
The delivery of the near-term Scope 1 and 2 target is planned through energy efficiency initiatives, process electrification and fuel switching across processing assets, and renewable electricity procurement.
GrainCorp does not plan to use carbon credits to meet these targets.
Climate-related considerations are incorporated in investment decisions through the Capital Investment Policy, which requires capital proposals to demonstrate alignment with GrainCorp’s emissions reduction targets.
GrainCorp’s Scope 3 and Forest, Land and Agriculture (FLAG) targets extend across the agricultural value chain, transport and logistics, and its customer base.
Delivery of these targets requires action beyond GrainCorp’s direct control and is progressed through grower and supplier engagement, freight efficiency, and modal optimisation across the supply chain.