Some of Australian industry’s largest companies have come together to support a new initiative that will see them work together to better understand pathways to achieving net zero emissions in supply chains.

The Australian Industry Energy Transitions Initiative is convened by ClimateWorks Australia and Climate-KIC Australia, in collaboration with the Energy Transitions Commission.

The initiative aims to accelerate action towards achieving net zero emissions in supply chains by mid-century across five critical supply chains of the Australian economy: steel, aluminium, liquified natural gas, other metals (such as lithium, copper and nickel) and chemicals (including explosives and fertiliser). These five sectors collectively contribute more than a quarter of Australia’s annual greenhouse gas emissions and generate exports worth around $160 billion.

BHP, Woodside, BlueScope Steel, BP Australia, Orica, APA Group, Australian Gas Infrastructure Group and Wesfarmers Chemicals, Energy and Fertilisers – which together represent 14 per cent of Australian industrial emissions – have signed on to the Australian Industry Energy Transitions Initiative. They are joined by National Australia Bank, Schneider Electric and AustralianSuper, who represent the broader system of investments, services, products and knowledge that will be key to supporting industry action towards net-zero supply chains.

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