Lycopodium Limited has released its FY2026 Sustainability Report, detailing its environmental and social performance, including Scope 1 and 2 emissions data and safety performance metrics.
Material actions and disclosures
The company reported a total of 1,410 tCO2-e for combined Scope 1 and 2 emissions in FY2026, an increase from 1,152 tCO2-e in FY2025. This rise is attributed to an expansion in leased office space and the inclusion of data from SAXUM operations in Argentina.
Lycopodium’s Scope 1 emissions, primarily from diesel and petrol fuel combustion for vehicles, were 102 tCO2-e in FY2026, a slight decrease from 102 tCO2-e in FY2025. Scope 2 emissions, derived from purchased electricity for office operations, increased from 1,050 tCO2-e to 1,308 tCO2-e over the same period.
The company’s safety performance metrics showed a Total Recordable Injury Frequency Rate (TRIFR) of 0.67 and a Lost Time Injury Frequency Rate (LTIFR) of zero, based on 9 million hours worked across projects and studies.
Lycopodium aims to manage the financial impact of climate change by reducing GHG emissions through improved waste disposal practices, increased virtual communication to reduce air travel, and engagement with a carbon-neutral data management centre in Australia.
For Scope 3 emissions, the company will commence reporting as a Group 2 entity in its FY2027 Financial Report, with inclusion of Scope 3 emissions required commencing in FY2028.
Further details on the company’s material sustainability impacts, stakeholder engagement, and governance practices are outlined in the FY2026 Sustainability Report.