Transgrid Sustainability Profile
Transgrid, officially known as Transgrid Pty Limited, is a leading Australian electricity transmission network operator headquartered in Sydney, New South Wales. Established in 1994, the company plays a pivotal role in the energy sector, managing a vast network that spans across New South Wales and the Australian Capital Territory. Specialising in the transmission of high voltage electricity, Transgrid is integral to the reliability and efficiency of Australia's energy supply. The company is renowned for its commitment to innovation and sustainability, focusing on modernising infrastructure to support renewable energy integration. With a strong market position, Transgrid has achieved significant milestones, including the development of key interconnectors and investments in advanced technology. Its dedication to safety and environmental stewardship further distinguishes Transgrid as a leader in the energy industry.
DitchCarbon Score
How does Transgrid'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.
Industry Average
Mean score of companies in the Other Services 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.
Industry Benchmark
Transgrid's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Transgrid's reported carbon emissions
In 2024, Transgrid reported total emissions of approximately 1.67 billion kg CO2e, comprising about 1.67 billion kg CO2e from Scope 1 and 2 emissions and approximately 323.2 million kg CO2e from Scope 3 emissions. In 2023, the total emissions were about 1.68 billion kg CO2e, with Scope 3 emissions at approximately 166 million kg CO2e. The 2022 emissions data indicates a total of approximately 260.3 million kg CO2e, with Scope 1 emissions at about 2.9 million kg CO2e and Scope 2 emissions at approximately 42 million kg CO2e. Transgrid has set ambitious climate commitments, aiming to reduce Scope 1 and 2 emissions by 60% by 2030, using 2021 as the base year, and to achieve net zero emissions by 2040. These targets reflect a strong commitment to sustainability and align with industry standards for climate action. The company is actively working towards these goals, demonstrating a proactive approach to managing its carbon footprint.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | 170,137,000 | 000,000,000 | 000,000,000 |
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Transgrid's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Transgrid has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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