In April each year, we publish information relating to the Safeguard Mechanism for the previous financial year.

This includes:

  • safeguard outcomes
  • baselines and emissions
  • multi-year monitoring periods
  • trade-exposed baseline-adjusted facilities
  • emissions-intensity determinations
  • NGER method data.

A full list of publishing requirements can be found on each data page.

Latest annual data for the 2024–25 reporting period was published on 15 April 2026. Individual data tables may also be updated periodically to reflect NGER data updates or other legislated publication requirements. Each data table will indicate the date at which it was last updated. 

Safeguard outcomes for 2024–25

Last updated 15 April 2026.

132.8
million tonnes of CO₂-e covered emissions (2.3% less than last year)
126.2
million tonnes of CO₂-e total baselines (7.3% less than last year)
13.4
million units surrendered (10.8 m ACCUs + 2.6 m SMCs)
6.7
million SMCs issued

2024–25 safeguard data insights 

This document shows key points of interest in the data, including how the scheme is tracking against its objectives. It reflects the data as published on 15 April 2026 and will not include updates made to the safeguard data after this date.

2024–25 safeguard insights (pdf) 2024–25 safeguard insights (docx)

Baselines and emissions data

Emissions and production data is submitted under the National Greenhouse and Energy Reporting (NGER) Scheme by 31 October each year. We use this information to set baselines for facilities covered by the Safeguard Mechanism.

Each year, a safeguard facility’s net emissions number is compared against its baseline emissions number for that monitoring period. If their facility's net emissions are above their baseline, responsible emitters need to manage any excess emissions.

By 15 April the following ​year, we're required to publish information relating to safeguard baselines and safeguard net emissions

View the 2024–25 baselines and emissions data

The ability to compare baseline data from 2016–17 to 2022–23 with data from 2023–24 onwards is limited. This is because the Safeguard Mechanism was reformed in 2023 and legislative changes have affected how baselines are set under the scheme. 

Learn more about baselines from 2016 to 2023.

Multi-year monitoring period data

Responsible emitters of facilities with excess emissions and a plan to reduce them over multiple years may apply for a multi-year monitoring period (MYMP) by 15 November each year.

By 15 April, following the declaration of a new MYMP or the conclusion of an existing MYMP, we're required to publish information relating to each MYMP. 

View MYMP data for 2023 onwards

It may be difficult to compare MYMP data from the 2023–24 financial year onwards. This is because the Safeguard Mechanism was reformed in 2023 and both eligibility requirements and the potential length of MYMPs have changed. 

Learn more about managing excess emissions before 1 July 2023.

Trade-exposed baseline-adjusted facility data

Responsible emitters of standard baseline facilities with excess emissions and trade-exposed production variables may be eligible to receive a discounted decline by 31 October each year.

By 15 April the following year, we're required to publish information relating to trade-exposed baseline-adjusted (TEBA) facilities.

View all TEBA data

Emissions-intensity determinations data

Responsible emitters of existing standard baseline facilities may apply for an emissions-intensity determination (EID) to set the facility-specific emissions-intensity values of existing production variables by 31 October each year. 

We’re required to publish information relating to new and varied EIDs.

View all EID data

NGER methods data

Emissions and production data is submitted each year under the NGER Scheme by 31 October. 

By 15 April the following year, we're required to publish information relating to the methods used by safeguard facilities to estimate fugitive methane emissions from coal mining, oil and natural gas activities. 

NGER reporters can generally choose between 4 types of methods to estimate emissions under the NGER Scheme. Not all methods are available for all emissions sources.

View the 2024–25 NGER methods data

Excess emissions situation data

Under the Safeguard Mechanism, we must publish information about facilities in an excess emissions situation on or after the compliance deadline.

View all excess emissions situation data