Origin Energy

Origin Energy, an Australian Electricity nec company, reported Scope 1 emissions of approximately 15.56 billion kg CO2e and Scope 2 emissions of about 2.20 billion kg CO2e in 2024. In 2023, their Scope 1 emissions were around 13.69 billion kg CO2e and Scope 2 emissions were approximately 2.24 billion kg CO2e. Looking back to 2022, Scope 1 emissions were about 12.80 billion kg CO2e and Scope 2 emissions were around 2.35 billion kg CO2e. In 2021, the company disclosed Scope 1 emissions of approximately 15.39 billion kg CO2e, Scope 2 emissions of about 1.12 billion kg CO2e, and Scope 3 emissions of around 33.78 billion kg CO2e. For 2020, Scope 1 emissions were approximately 16.57 billion kg CO2e and Scope 2 emissions were about 1.23 billion kg CO2e. In 2019, Scope 1 emissions stood at roughly 18.40 billion kg CO2e and Scope 2 emissions at about 1.19 billion kg CO2e. In 2018, Origin Energy reported Scope 1 emissions of approximately 18.68 billion kg CO2e, Scope 2 emissions of about 1.03 billion kg CO2e, and Scope 3 emissions of around 35.04 billion kg CO2e.

Origin Energy has established several climate commitments. The company aims to achieve net-zero Scope 1, 2, and 3 emissions across its value chain by 2050. They have set a long-term target to reduce Scope 1 and Scope 2 emissions by 50% by 2032, from a 2017 base year. Additionally, Origin Energy is committed to reducing Scope 3 emissions by 25% by 2032, also from a 2017 base year. These targets are validated by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to well-below 2°C. A near-term target for Scope 1 equity emissions was set to reduce by 10% on average over FY2021-FY2023, with a 16% reduction already achieved between FY2021-FY2022. The company also aims for a 40% reduction in Scope 1, 2, and 3 equity emissions intensity by 2030, which equates to a 20 million metric tons reduction in absolute equity emissions.