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 29 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Austal reported total carbon emissions of approximately 15,488,000 kg CO2e, comprising 10,465,000 kg CO2e from Scope 1 and 15,188,000 kg CO2e from Scope 2. The company has shown a significant reduction in emissions compared to previous years, with a notable decrease in Scope 1 emissions from 8,520,000 kg CO2e in 2022 to 10,465,000 kg CO2e in 2023. For 2024, Austal anticipates further reductions, projecting Scope 1 emissions to drop to approximately 1,534,000 kg CO2e and Scope 2 emissions to about 10,828,000 kg CO2e. However, there are no disclosed targets for Scope 3 emissions, which were reported at 2,166,860,000 kg CO2e in 2022. Despite the absence of specific reduction targets or climate pledges, Austal is actively working towards improving its emissions intensity, particularly in steel production, with a reported GHG emissions intensity of 2,600 kg CO2e per tonne of steel equivalent structural weight of vessels delivered in 2024. The company continues to focus on enhancing its sustainability practices as part of its commitment to reducing its carbon footprint.
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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 | 2,166,860,000 | - | - |
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.