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NRW Announces 60% Emissions Intensity Reduction Target by FY30

NRW, a diversified mining and infrastructure contractor, has outlined a voluntary emissions intensity reduction target of 60% by 2030, relative to a 2020 baseline. The target applies to managed facilities under NRW’s operational control and excludes project-related emissions due to the variable nature of project portfolios, contract duration, operational control arrangements, and project scale across reporting periods.

Material Actions and Disclosures

NRW records and monitors both energy consumption and GHG emissions across its operations. The company has achieved a 50% reduction toward the FY30 target in FY26, relative to the FY20 baseline. NRW’s emissions intensity reduction target was established through a structured process, ensuring it is measurable, achievable, and aligned with operational control and influence.

NRW has deployed capital of approximately $8 million across a range of initiatives supporting operational efficiency, emissions reduction, and low-carbon technology development. Investments included fleet electrification, solar-powered site equipment, and resource efficiency initiatives to address climate-related risks and opportunities.

Forward Commitments

NRW does not currently intend to rely on carbon credits, carbon offsets, or carbon removal mechanisms to achieve its FY30 target. The primary focus remains on operational emissions reductions, energy efficiency improvements, and the adoption of lower-emissions technologies.

NRW will continue to monitor changes in physical climate hazards and update contractual arrangements over time to reflect the Group’s changing climate-related risk profile. The company also maintains insurance coverage for assets exposed to bushfires to mitigate potential financial impacts arising from insured events.

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