The Corporate Emissions Reduction Transparency (CERT) report 2023 highlights the participating companies data and information for either the 2021-22 financial year or the 2022 calendar year.
At a glance
Twenty-five companies participated in the CERT report 2023, presenting a total of 69 commitments.
- The participating companies represent:
- a broad cross-section of Australia’s economy, including the energy, manufacturing, mining, retail, financial, transport, construction, and research sectors
- 21% of scope 1 emissions and 8% of scope 2 emissions, as reported to the Clean Energy Regulator (CER), for the 2021-22 financial year.
- Of the 25 participating companies:
- 20 have commitments to reach net zero emissions by 2050, 6 of these companies are already carbon neutral
- 11 have emissions reduction or emissions intensity reduction commitments that include scope 3 emissions
- 13 have commitments to reach 100% renewable electricity use by 2030.
- Nineteen of the participating companies also participated in the CERT report 2022.
- Compared to the CERT report 2022, participating companies surrendered or cancelled:
- over 980,000 international carbon units, up 65%
- over 160,000 Australian carbon credit units (ACCUs), with over half of these surrendered by Safeguard entities, down 10%
- over 1.3 million large-scale generation certificates (LGCs) to prove claims of renewable electricity use, up 274%.
Insights
The following interactive figures provide an overview of key insights for the CERT report 2023:
- Commitment types
- Figure 1 – Commitment types – a breakdown of the broad types of commitments and verification/assurance category presented by companies.
- Figure 1 – Commitment types – a breakdown of the broad types of commitments and verification/assurance category presented by companies.
- Commitment ambition
- Figure 2 – Emissions reduction commitments – the percentage of emissions reduction and the year by which it would be achieved.
- Figure 3 – Renewable electricity consumption commitments – the percentage of renewable electricity consumption and the year by which it would be achieved.
- Surrendered units and certificates
- Figure 4 – Large-scale generation certificate (LGC) surrenders by technology type – surrendered by participating companies to demonstrate renewable electricity use.
- Figure 5 – Carbon unit surrenders by unit type and method type – the Australian and international carbon units surrendered by participating companies to offset emissions.
Commitment types
The 25 participating companies presented a total of 69 commitments in the CERT report 2023.
Commitment ambition
Participating companies reported 24 net zero commitments, with 13 net zero commitments by 2030.
Sixteen renewable electricity consumption commitments were reported in the CERT report 2023, of which:
- 15 companies included a goal of 100% renewable electricity use
- 13 companies are aiming to achieve 100% renewable electricity use by 2030.
CERT Figure 3 ambition renewables
Surrendered units and certificates
Participating companies surrendered 1,343,697 LGCs in the CERT report 2023.