Electric Utilities and Independent Power Producers and Energy Traders (including Fossil, Alternative and Nuclear Energy)
SBTI ID
40010602
Localisation
New Zealand
Oceania
Secteur d'activité
Electric Utilities and Independent Power Producers and Energy Traders (including Fossil, Alternative and Nuclear Energy)
Type d'organisation
Corporate
Dernière mise à jour
21/08/2025
Statut
Classification
1.5°C
Année cible
FY2030
Statut
Targets set
Classification
1.5°C
Année cible
FY2040
Overall Net-Zero Target: Genesis Energy commits to reach net-zero greenhouse gas emissions across the value chain by FY2040. Near-Term Targets: Genesis Energy Limited commits to reduce scope 1 and 2 GHG emissions 76% per GWh by FY2030 from a FY2020 base year.* Genesis Energy Limited also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 75.9% per GWh within the same timeframe.* Genesis Energy Limited further commits to reduce absolute scope 3 GHG emissions from use of sold products for sold and distributed fossil fuels 60.2% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Genesis Energy Limited commits to reduce scope 1 and 2 GHG emissions 97.7% per GWh by FY2040 from a FY2020 base year.* Genesis Energy Limited also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 96.2% per GWh within the same timeframe.* Genesis Energy Limited further commits to reduce all other absolute scope 3 GHG emissions from fuel- and energy-related activities 90% within the same timeframe. Genesis Energy Limited finally commits to reduce absolute scope 3 GHG emissions from use of sold products for sold and distributed fossil fuels 90% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.
Statut
Targets setAnnée cible
FY2040
The targets covering greenhouse gas emissions from company operations (scopes 1 and 2) are consistent with reductions required to keep warming to 1.5°C
ISIN
NZGNEE0001S7
LEI
254900HM1ABRDJ7T5718
Source : Science Based Targets initiative | Données publiques