Our approach to the environment and climate change

We’re committed to the environment

As Australia’s largest integrated electricity generation and retailing company, we recognise we have a special role to play in supporting and enabling the three major forces of change: customer demand, community expectations and the development of technology.

Electricity from renewable sources, backed by flexible energy storage technologies will power our homes, businesses and vehicles. Energy will be both affordable and smart, and greenhouse gas emissions will be much lower, helping us to tackle climate change. At AGL, we accept the climate science behind this vision.

This is why we’re taking action to responsibly reduce greenhouse gas emissions and manage our environmental footprint, while providing customers with secure and affordable energy. For information about our environmental performance progress, visit our Annual Reports page.

AGL's Climate Statement

By 2050, we believe that Australia has the opportunity to be carbon neutral and an energy superpower. We will play our part in achieving this and target reaching net zero emissions by 2050. This will be realised by Australia generating low-cost power using zero-emissions wind and solar resources, backed up by technologies like batteries, hydro power and, for much of this transition, gas. We believe this will underpin the competitiveness of the Australian economy just as cheap fossil fuels did in the 20th century.

“The pace and path of the transition to this low-carbon economy will be driven by three major forces: customer demand, how communities act, and how technology evolves.”

In 2015, AGL committed via its Greenhouse Gas Policy (PDF) not to extend the life of its coal-fired power plants. Now, as we work towards the full closure of these plants and the Australian economy transitions toward full decarbonisation by 2050, we are expanding our commitments in pursuit of the 2050 net emissions zero target.

AGL's Climate Change Statement (PDF)

Pathway to decarbonisation

We are committed to playing a leading role in developing a pathway to a modern, decarbonised generation sector; and developing and investing in new renewable and near-zero emission technologies. Our most recent achievements are listed below.