Austal Limited, commonly known as Austal, is a leading global shipbuilding company headquartered in Australia. Founded in 1988, Austal has established itself as a key player in the defence and commercial maritime industries, with major operational facilities in the United States and the Philippines. Specialising in the design and construction of high-speed vessels, Austal is renowned for its innovative aluminium shipbuilding techniques and advanced technologies. The company’s core products include naval ships, ferries, and offshore support vessels, which are distinguished by their performance, efficiency, and durability. With a strong market position, Austal has achieved significant milestones, including the delivery of over 300 vessels and recognition for its commitment to quality and sustainability in shipbuilding.
How does Austal's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Austal's score of 26 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Austal reported total carbon emissions of approximately 12,724,000 kg CO2e, comprising about 1,534,000 kg CO2e from Scope 1 and about 10,828,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2023, where total emissions were about 25,048,000 kg CO2e, with Scope 1 emissions at approximately 10,465,000 kg CO2e and Scope 2 emissions at about 15,188,000 kg CO2e. In 2022, Austal's emissions were approximately 24,718,000 kg CO2e, with Scope 1 emissions of about 8,520,000 kg CO2e and Scope 2 emissions of around 15,518,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite the fluctuations in emissions, Austal has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions intensity for steel production is reported at about 2,600 kg CO2e per tonne of steel equivalent structural weight of vessels delivered in 2024, which reflects their operational impact in the maritime industry. Overall, while Austal has made strides in tracking emissions, the absence of defined reduction initiatives or targets suggests a need for enhanced climate action strategies moving forward.
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2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 8,520,000 | 00,000,000 | 0,000,000 |
Scope 2 | 15,518,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Austal is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.