Northern Star

Northern Star's reported carbon emissions

Northern Star, an Australian precious metal ores and concentrates company, is committed to reducing its carbon footprint. For the fiscal year 2025, the company reported total emissions of approximately 2.46 billion kg CO2e, comprising Scope 1 emissions of around 837 million kg CO2e, Scope 2 emissions of approximately 468 million kg CO2e, and Scope 3 emissions of about 1.16 billion kg CO2e. This represents an increase from the 2024 fiscal year, when total emissions were approximately 1.91 billion kg CO2e (Scope 1: 792 million kg CO2e, Scope 2: 448 million kg CO2e, Scope 3: 667 million kg CO2e). Northern Star has set a near-term target to reduce its absolute Scope 1 and Scope 2 emissions by 35% by 2030, based on a 1 July 2020 baseline. The company aims to achieve a reduction of 931,000 tonnes CO2e from this baseline. As of 30 June 2025, Northern Star has reported achieving tangible reductions of 100,000 tonnes CO2e between 1 July 2021 and 30 June 2025, contributing to their 2030 goal. Additionally, they are working towards net-zero operational emissions by 2050. Key initiatives include prioritising the reduction of electricity generated from diesel and gas by implementing solar, wind, and battery electric storage systems across their mine sites. These clean energy solutions are recognised as having a significant impact on reducing current Scope 1 and Scope 2 emissions. The company is on track to meet its 2030 goal and is continuously updating its Decarbonisation Pathway to ensure feasibility and current timelines. For fiscal year 2023, total emissions were approximately 1.84 billion kg CO2e (Scope 1: 793 million kg CO2e, Scope 2: 413 million kg CO2e, Scope 3: 632 million kg CO2e). In fiscal year 2022, total emissions were not explicitly stated as a sum of all scopes, but Scope 1 emissions were around 677 million kg CO2e and Scope 2 emissions were approximately 486 million kg CO2e. Scope 3 emissions for 2022 were about 378 million kg CO2e. Prior to fiscal year 2022, reported data primarily focused on Scope 1 and Scope 2 emissions. For fiscal year 2021, Scope 1 emissions were approximately 642 million kg CO2e and Scope 2 emissions were about 492 million kg CO2e. Fiscal year 2020 saw Scope 1 emissions of around 476 million kg CO2e and Scope 2 emissions of approximately 376 million kg CO2e. Fiscal year 2019 reported Scope 1 emissions of approximately 229 million kg CO2e and Scope 2 emissions of about 242 million kg CO2e. In fiscal year 2018, Scope 1 emissions were approximately 209 million kg CO2e, and Scope 2 emissions were around 161 million kg CO2e.