12 March 2024
AGIG Releases 2023 ESG Report
Australian Gas Infrastructure Group (AGIG) has released its 2023 Environmental, Social and Governance (ESG) Report, detailing performance and achievements for 2023 and outlining progress towards our longer-term ESG targets.
This release follows AGIG's inaugural 2021 report and subsequent 2022 report and reflects our ongoing maturity to ESG over these three years. This year's report focuses on AGIG's commitment to improving long-term impacts to the environment in the interests of its customers, community and employees while delivering best-practice performance as one of Australia’s largest gas infrastructure businesses.
In particular, the 2023 report details the climate resilience risk assessment undertaken by AGIG and reports on the resilience of its gas infrastructure to material physical climate risks.
AGIG Chief Executive Officer, Craig de Laine said: "2023 was a significant step forward for AGIG as we delivered a range of projects to scale-up the production and delivery of renewable gas into our networks.
"We expanded the 5% renewable gas blend from Hydrogen Park (HyP) South Australia to around 4,000 homes, businesses and schools (from 700 homes initially), and we have plans to lift the blend to 10% shortly.
"We have also progressed construction of HyP Gladstone, which will provide a 10% renewable hydrogen blend to our entire network in Gladstone by mid-2024," Mr de Laine said.
In this report, we have adopted United Nations Sustainable Development Goal (UN SDG) 5 – Gender Equity, and outlined initiatives which demonstrates our commitment to equity through providing all people equal opportunities to reach their potential.
Additionally, we have made good progress against our longer-term targets in 2023, including setting a 30% interim scope 1 and 2 emissions reduction target for 2030 (on a 2020 baseline), along with our shorter-term targets including through the launch of our HyHome and our inaugural "Reflect" Reconciliation Action Plan (RAP).
AGIG will continue to develop and grow our ESG reporting approach, and we look forward to providing our next report in 2025.
Our Environmental, Social and Governance Report 2023 is available on AGIG's website www.agig.com.au/publications.
For further information contact
Mitchell Cutting, Senior Advisor External Communications
M +61 460 018 065
