Liontown Resources has announced a net zero emissions target for its Kathleen Valley operation by 2034, as part of its broader climate-related strategy. The company aims to support decarbonisation and the global energy transition through its spodumene mining and processing activities in Western Australia.
Material actions and disclosures
The Group has set the following climate-related targets that support the management of climate-related risks and opportunities:
- Scope 1 and 2 GHG emissions reduction at Kathleen Valley net zero by 2034.
- Scope 1 and 2 GHG emissions at Kathleen Valley for FY26 produced 0.14 tCO2-e/dmt SC.
- Renewable power penetration at Kathleen Valley 70% MWh by 2026.
The Sustainability Committee formally reviews the baseline, target year, and gross or net designation of the Group’s climate-related targets on an annual basis. The annual review considers progress against the target trajectory, changes in the Group’s operational context, and developments in climate science, technology, and regulation.
The Group has achieved its FY26 renewable power penetration target of 70% MWh, but the water consumption target was not achieved, though the threshold performance level of 3.78m3/dmt was achieved.
The Group’s approach to sustainability is structured for clear accountability and integration across the business, with the Board of Directors retaining ultimate oversight, approving strategy, targets, and disclosures. The Sustainability Committee provides focused oversight of material ESG and sustainability-related economic risks and opportunities, reviewing key policies and initiatives.
The Group plans to formalise its net zero transition plan in FY27, which will outline initiatives for decarbonisation at Kathleen Valley.
The Sustainability Committee has set a net zero Scope 1 and 2 GHG emissions target by 2034 for Kathleen Valley, informed by the Paris Agreement’s objective to limit warming to well below 2 degrees Celsius and Australia’s national commitment.
The Group’s approach to climate-related governance is a core part of its overall governance framework, with the Board holding ultimate responsibility for overseeing the Group’s approach to climate-related risks and opportunities.
The Group’s high renewable energy penetration status is expected to provide a competitive advantage over new entrants as demand for low-carbon lithium products grows.
The Group’s climate-related governance arrangements are designed to ensure the integration of climate-related risks and opportunities into strategic planning and decision-making processes.
The Group’s approach to sustainability is structured for clear accountability and integration across the business, with the Board of Directors retaining ultimate oversight, approving strategy, targets, and disclosures.