Sandfire Resources has announced significant progress in its decarbonisation efforts, including the construction of solar PV facilities at MATSA and Motheo, and a commitment to source 50% of its electricity from renewable sources by FY30. The company’s FY26 decarbonisation efforts focused on advancing behind-the-meter renewable energy projects and refreshing asset decarbonisation roadmaps.
Material actions and disclosures
In FY26, Sandfire applied changes to its GHG inventory measurement approach, including more specific emissions factors for explosives and an updated estimation methodology for its exploration portfolio. The company also reported Scope 2 market-based GHG emissions for MATSA as 0tCO2e due to the procurement of electricity from renewable sources.
Sandfire’s Scope 3 GHG emissions were measured in accordance with the Greenhouse Gas Protocol: Corporate Value Chain (Scope 3) Accounting and Reporting Standard (2011). The company’s Scope 3 emissions are expressed in tCO2e, using 100-year GWP values from the IPCC AR6.
The company’s FY26 decarbonisation-related spend included $3.5M in renewable energy investments, $0.3M in energy efficiency projects, and $0.1M in fuel switching and electrification initiatives.
Forward commitments
Sandfire aims to deliver a 35% reduction in Scope 1 and 2 emissions by FY35 from its FY24 baseline. The company also plans to achieve net zero Scope 1 and 2 emissions by 2050. Sandfire’s long-term pathway to net zero emissions will depend on its future asset portfolio.
Additionally, Sandfire has committed to source 50% of its electricity from renewable sources by FY30. The company is actively progressing initiatives across the business as set out in its roadmap, focusing on the transition to renewable energy sources and energy efficiency projects for Scope 1 and 2 emissions.
These efforts are part of Sandfire’s broader commitment to reducing its GHG emissions and building climate resilience in its business.