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 53% 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 carbon emissions of approximately 1,673,820,000 kg CO2e for Scope 1 and 2, alongside 323,242,000 kg CO2e for Scope 3 emissions. This marks a significant increase in Scope 3 emissions from 2023, where they were about 166,036,000 kg CO2e, while Scope 1 and 2 emissions remained relatively stable at approximately 1,676,883,000 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 proactive approach to addressing climate change and align with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Transgrid independently reports its emissions and climate initiatives. The company is committed to transparency and accountability in its sustainability efforts, as evidenced by its detailed reporting in sustainability documents.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | 170,137,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Transgrid's Industry?
How Carbon Intensive is Transgrid's Location?
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.
