Commitment and reduction strategies
In Australia, we have different policy responses at the State and Federal levels to deal with this challenge, as there is not national long-term target for emission reduction, or consistent price signal relating to greenhouse gas emissions. AGL believes both are necessary to give certainty to energy companies looking to invest in long-life generation assets.
AGL continues to see this as a critical issue for our business and continues to:
- Incorporate carbon pricing into all major business decisions;
- Publish information about AGL's greenhouse gas impacts;
- Support customer choice to buy renewable electricity; and
- Work with our stakeholders to develop a better understanding of options for reducing greenhouse gas emissions.
Greenhouse gas reduction strategies
AGL's greenhouse gas reduction strategies comprise:
- Expand our portfolio of power purchase contracts and investment in renewable and low-emission power generation;
- Help customers make better choices for their home and environment;
- Provide energy efficiency services to our industrial and commercial customers;
- Demonstrate best practice energy management in our corporate operations;
- Work with Loy Yang Power to improve its greenhouse gas emission performance.
AGL's progress against our greenhouse gas emission reduction strategies is disclosed on an annual basis within our Sustainability Report.