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NewsApril 2nd, 2025

Updating Our Carbon Neutral Baseline

Bradken has updated our carbon neutral targets to improve their accuracy and viability.

Bradken’s carbon neutral project, CN2030, has been underway since 2021 with our first announcement at the beginning of 2022. Previously we took our emissions baseline from 2012 data, however to improve our accuracy we will now be utilising a 2018 baseline instead, as we work towards carbon neutrality by 2030.
Where are we now
We are making two changes to our reporting:
  1. Our baseline will now be taken from 2018.
  2. We have actual production forecasting for the next five years. Previously we assumed a standard year-on-year increase and developed emission targets accordingly. We now have more accurate data.
What this looks like
  1. Our end goal is still the same - carbon neutral by 2030.
  2. Our strategy is still the same - improving operational efficiencies, procuring renewable energy and making plant and equipment electrification upgrades.
  3. Our baseline and our yearly targets, look slightly different - for example, our FY25 target is an emissions reduction of 31% of the 2018 baseline.
Scope 3 – Including the whole picture
Although our goal is to be carbon neutral for scope 1 and 2 emissions by 2030, we are also starting to include data on scope 3, our supply chain, to provide a more accurate and in-depth picture of our total carbon emissions.
Summary
The business has developed a bold, yet achievable roadmap to get to carbon neutral by 2030. Some data may look different to what we’ve previously reported, but the actual tCO2e saved at each of our sites is still the same. Our end result will be the same, and the updated targets, baselines and predictions make our reporting more accurate.
Renewable energy technology is rapidly advancing, and we now have a better understanding of affordability and accessibility. We also have a clearer picture of Bradken’s global operations for the next 5 years. The industry is dynamic and we will stay agile so that we can accurately track progress and adapt to new technology as it becomes available.

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