Qantas Airways Limited has reported its Scope 1 and 2 greenhouse gas emissions for the financial year ending 30 June 2026, with a focus on decarbonisation efforts. The company disclosed a total of 12,916.4 ktCO2e in Scope 1 emissions and 55 ktCO2e in location-based Scope 2 emissions, alongside 0.9 ktCO2e in market-based Scope 2 emissions.
Material actions and disclosures
Qantas’s decarbonisation pathway prioritises Scope 1 emissions reductions due to their material significance. The company aims to expand its pathway to include Scope 3 emissions over time, but these are not currently included in the pathway or interim targets due to significant uncertainties beyond the Group’s direct control.
The Group’s immediate focus is on emissions reductions where it has the greatest influence and operational visibility. This includes the procurement of Sustainable Aviation Fuel (SAF) and the use of carbon credits to meet compliance obligations and bridge the gap between direct emissions reduction efforts and net emissions targets.
Qantas also aims to source the equivalent of 100% renewable energy for its Australian buildings through the acquisition and retirement of Large-Scale Generation Certificates (LGCs).
Forward commitments
Qantas aims to achieve a 25% reduction in net Scope 1 emissions by FY30 compared to FY19 levels. The company also plans to procure 10% of its jet fuel as SAF by FY30.
Qantas acknowledges that the pace of abatement will depend on the scaling of decarbonisation levers, the availability of SAF, and the pace of carbon market scale-up.
These targets are part of Qantas’s broader strategy to align with the Paris Agreement’s goals of limiting global warming to well below 2°C above pre-industrial levels, with efforts to limit the increase to 1.5°C.
Qantas’s approach to calculating and reporting emissions aligns with the National Greenhouse and Energy Reporting (NGER) Scheme and the Australian Accounting Standards Board’s Sustainability Reporting Standard AASB S2.
This report was independently reviewed by KPMG, providing limited assurance that the specified Sustainability Disclosures are free from material misstatement.