Origin Energy

Origin Energy, an electricity company based in Australia, reported significant carbon emissions and has set ambitious climate commitments.

Emissions Data:

• 2024: Scope 1 emissions were approximately 15,555,000,000 kg CO2e, and Scope 2 emissions were approximately 2,201,000,000 kg CO2e, totalling approximately 17,756,000,000 kg CO2e for these scopes. Scope 3 emissions data was not disclosed for this year.
• 2023: Scope 1 emissions were approximately 13,690,000,000 kg CO2e, and Scope 2 emissions were approximately 2,235,000,000 kg CO2e, totalling approximately 15,925,000,000 kg CO2e for these scopes. Scope 3 emissions data was not disclosed.
• 2022: Scope 1 emissions were approximately 12,801,000,000 kg CO2e, and Scope 2 emissions were approximately 2,350,000,000 kg CO2e, totalling approximately 15,151,000,000 kg CO2e for these scopes. Scope 3 emissions data was not disclosed.
• 2021: Scope 1 emissions were approximately 15,393,000,000 kg CO2e, Scope 2 emissions were approximately 1,121,000,000 kg CO2e, and Scope 3 emissions were approximately 33,779,000,000 kg CO2e, resulting in a total of approximately 50,302,000,000 kg CO2e across all scopes.

Climate Commitments and Reduction Targets:

Origin Energy has committed to a long-term ambition of reaching net zero Scope 1, 2, and 3 emissions across its value chain by 2050.

More specific targets include:

• A 50% reduction in Scope 1 and Scope 2 emissions by 2032, with a base year of 2017.
• A 25% reduction in Scope 3 emissions by 2032, also from a 2017 base year.
• The company has also announced an ambition to achieve net zero Scope 1 and 2 emissions by 2050.
• Additionally, there is a target for a 40% reduction in Scope 1, 2, and 3 equity emissions intensity by 2030, aiming for a 20 million tonnes reduction in Scope 1, 2, and 3 equity emissions.
• A near-term target was set to reduce Scope 1 equity emissions by 10% on average over FY2021-FY2023.