Pressure builds on business to report indirect emissions

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Qantas chief executive Alan Joyce says the energy transition is “moving very fast”, but the political “climate wars” of the past 15 years have made things difficult.

is intensifying due to demands from shareholders and customers to disclose more information on indirect carbon emissions, as they called on the federal government to provide better leadership on climate policy.

“So I think scope 3 is a real opportunity for us and it may well encourage more onshore investment,” Mr Scott said., Commonwealth Bank of Australia chief executive Matt Comyn said the bank was working with the Commonwealth Scientific and Industrial Research Organisation to estimate “glide paths” for emissions across 10 priority industries to keep global warming below 1.5 degrees.

“We would be strongly encouraging both parties to embrace more ambition because national co-ordination helps [and] there is no doubt that the system will move more smoothly when there is leadership from a federal perspective.” Perth-based Mr Scott said Western Australia’s domestic gas reservation policy had created a “thriving manufacturing capability” in WA.

 

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