Big companies stepping up to sustainability challenge

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Australian companies are doing a better job reporting on sustainability and reducing their CO2 emissions than their international peers but a domestic renewable diesel industry could help them do more.

, that global warming must not exceed 1.5°C if we are to avoid the catastrophic impacts of climate change. To achieve this goal, greenhouse gas emissions must halve by 2030 and decrease to net zero emissions by 2050.

Anastasia Baldwin, Lendlease sustainability manager, checks under the hood of a crane that runs on renewable diesel at Western Sydney’s Powerhouse project. While the market for electric machinery develops, the company is still reducing emissions and working towards achieving its targets using renewable diesel, particularly in its UK and US regions.In the European arm of the business in FY22, the company used 619,477 litres of renewable diesel, which meant that 78 per cent of all diesel used in that year was renewable. In FY23, the company is targeting 100 per cent of diesel to be renewable or that electric machinery be used.

To achieve its sustainability targets in the short and medium term, Lendlease is importing renewable diesel fuel from the Netherlands and Singapore to power cranes in two pilot projects in the new Powerhouse development in Parramatta and the New Performing Arts Venue . These initiatives will reduce greenhouse gas emissions from crane operations by between 75 and 95 per cent over the life cycle of the fuel compared to petroleum diesel.

As the chair of the Cleaner Fuels Alliance, Bioenergy Australia, Roycroft is lobbying the government and industry for that change.

 

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