It is great to see that sustainability has become a key consideration for many investors. AGL provides an annual equity greenhouse gas footprint, tailored to inform our shareholders as well as prospective investors about the annual greenhouse gas impacts from our business.
AGL's equity greenhouse gas footprint sets out our share (by percentage of investment level) of the emissions from our fully and partly owned assets, regardless of who operates the asset. The equity greenhouse gas footprint indicates to our shareholders as well as prospective investors the greenhouse gas impacts associated with investment in AGL.
Publishing an annual equity greenhouse gas footprint also provides a useful tracking tool for investors to monitor AGL's progress on our path to decarbonisation, as set out within the AGL Greenhouse Gas Policy. An interactive graph of equity greenhouse gas footprints spanning FY13 to FY17 can be found on the Equity greenhouse gas footprint page within the 2017 Sustainability Report Data Centre. Static images from the interactive graph are included below.
Figure 1: AGL's equity greenhouse gas footprint, FY13 - FY17.
In FY17 AGL's equity greenhouse gas footprint was consistent with that of FY16. The large increase in emissions which occurred during FY15 corresponds to the acquisition of two coal fired power stations: Bayswater and Liddell.
Figure 2: AGL's equity greenhouse gas footprint (excluding AGL-operated facilities)
AGL's equity greenhouse gas footprint is consistently dominated by emissions from AGL-operated facilities. As shown in Figure 2, emissions from facilities which AGL does not operate have decreased due to AGL divesting its 50% equity interest in the Diamantina Power Station during FY16.
Learn more about our greenhouse gas footprints in the Climate change (greenhouse and energy) section of the 2017 Sustainability Report.