Our approach to the environment and climate change

We are working hard to reduce greenhouse gas emissions and minimise our environmental footprint.

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.

  • 2005-14

    2005 - Acquires SouthernHydro.
    2008 - Develops Hallett Wind Farms (SA).
    2009 - Opens Bogong Hydroelectric Power Station (Vic).
    2012 - Opens Macarthur Wind Farm (Vic), the largest wind farm in the Southern Hemisphere; and Acquires the Loy Yang A power station and adjacent coal mine.
    2014 - Acquires Macquarie Generation including Bayswater and Liddell power stations.

  • 2015

    Launches its first residential battery storage device into the Australian market.

    Release of AGL’s Greenhouse Gas Policy, providing a pathway for decarbonisation.

    Nyngan and Broken Hill solar plants achieve full generation of 155 MW.

  • 2016

    Offers customers EV charging.

    Launches world’s largest solar Virtual Power Plant.

    Releases Carbon Constrained Future Report.

    Launches the Powering Australian Renewables Fund.

  • 2017

    Virtual Solar pilot gives renters access to solar savings.
    Releases Rehabilitation Report.
    Liddell Innovation Project launched.
    200 MW Silverton Wind Farm construction begins.
    Financial close on Coopers Gap Wind Farm.

  • 2018

    Powering a Climate Resilient Economy report released aligned with TCFD recommendations.
    Completed four major energy efficiency projects with an annual total emissions reduction of 68,000 tCO2e.

  • 2019

    Expanded Virtual Power Plant to allow more customers to enter the program.
    AGL closes its first Sustainability Linked Loan (SLL), becoming the first energy company to issue an SLL in the Asia Pacific region.
    Generation commences at Barker Inlet Power Station (SA), the first major dispatchable power station since 2012.
    Completes a large-scale battery deal with Maoneng in NSW and Dalrymple 30 MW ESCRI battery in SA with Electranet.

  • 2020

    Launches a new Carbon Neutral product.
    AGL signs a grid-scale battery with Vena in Qld.
    AGL releases its Climate Statement.
    Incorporates emission reduction metrics into remuneration.
    Expands TCFD scenario analysis.

  • 2020 towards 2050

    Offer customers optional carbon neutral prices products.
    Support evolution of Australia’s voluntary carbon markets.
    Continue investing in new sources of electricity supply.
    Responsibly transition our energy portfolio.
    Be transparent.