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New analysis

Australia can play it’s part in limiting global warming to 1.5 degrees Celsius – but current company commitments aren’t enough to get us there


Based on two years of tracking net zero commitments, Climateworks has developed four principles to create ‘best practice’ commitments from the corporate sector.


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Momentum towards net zero


An initiative of Climateworks Centre with Monash Sustainable Development Institute. The Net Zero Momentum Tracker monitors Australia’s progress towards net zero emissions across key sectors of the economy.


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Organisations committed to net zero by 2050 for some emissions

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Organisations reducing emissions but not in line with net zero by 2050

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Organisations without disclosed targets or activities

Telling the story of Australia’s growing momentum towards net zero emissions

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There has been no central place to track net zero emissions commitments in Australia, until now.


Publications


Sector specific analysis on momentum towards net zero emissions.


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26.05.21

Net zero momentum tracker – energy sector

Australia’s energy sector must accelerate its pace of decarbonisation if Australia is to reach net zero emissions, in line with the global climate goals.

16.12.20

Net zero momentum tracker – resources sector

The Australian resources sector must rise to the challenge of the global net zero transition The Net Zero Momentum Tracker Resources Sector report, the seventh sector report in a series by Climateworks Australia with the Monash Sustainable Development Institute, analyses 22 of Australia’s biggest emitters within the resources sector.

16.09.20

Net zero momentum tracker – superannuation sector

Super sector moves on emissions, as funds commit to net zero Superannuation is an influential component of Australia’s economy and a significant and growing source of investment in domestic assets.

05.06.20

Net zero momentum tracker – transport report

More actions are needed if Australia’s transportation sector is to cut emissions in line with global goals.

27.04.20

Net zero momentum tracker – retail report

Retailers are realising their important role in reducing Australia’s carbon emissions The latest Net Zero Momentum Tracker report assesses the emissions-reductions commitments and activities of 23 leading Australian retail companies.

03.02.20

Net zero momentum tracker – local government report

Local governments are seizing the chance to lead on emissions reduction. The latest Net Zero Momentum Tracker report assesses the emissions-reductions commitments and activities of Australia’s 57 largest local governments.

24.09.19

Net zero momentum tracker – property sector report

Australia’s property sector is building momentum towards net zero emissions. Sector-wide adoption of a net zero ambition is critical to achieving Paris-aligned targets.

11.11.19

Net zero momentum tracker – banking sector report

Australian banks are taking steps towards net zero emissions, but actions are not yet comprehensive. Prepared by Climateworks with the Monash Sustainable Development Institute, the banking sector report is part of a series focusing on major sectors of the Australian economy as part of the Net Zero Momentum Tracker initiative.
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Latest analysis


Analysis from across the Australian economy on momentum towards net zero emissions.


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26.05.21

Net zero momentum tracker – energy sector

Australia’s energy sector must accelerate its pace of decarbonisation if Australia is to reach net zero emissions, in line with the global climate goals.

  • Australia

14.12.20

Case study: AustralianSuper

AustralianSuper sets ambitious net zero emissions by 2050 goal as the sector shifts.

31.08.20

Case study: Cbus

Cbus announces a comprehensive plan to achieve net zero emissions for its investment portfolio by 2050.

26.06.20

Case study: HESTA

HESTA’s net zero by 2050 target sets a new benchmark for climate action in Australia’s superannuation industry.

05.06.20

Net zero momentum tracker – transport report

More actions are needed if Australia’s transportation sector is to cut emissions in line with global goals.

  • Australia

16.12.20

Net zero momentum tracker – resources sector

The Australian resources sector must rise to the challenge of the global net zero transition The Net Zero Momentum Tracker Resources Sector report, the seventh sector report in a series by Climateworks Australia with the Monash Sustainable Development Institute, analyses 22 of Australia’s biggest emitters within the resources sector.

  • Australia

16.09.20

Net zero momentum tracker – superannuation sector

Super sector moves on emissions, as funds commit to net zero Superannuation is an influential component of Australia’s economy and a significant and growing source of investment in domestic assets.

  • Australia

30.09.20

Case study: Lendlease

Lendlease Europe joins World Green Building Council’s ‘Net Zero Carbon Buildings Commitment’ on the back of a global commitment to absolute zero emissions by 2040.  Lendlease, the global property company, has set a precedent for its sector, addressing all material sources of emissions throughout its operations and supply chain – including suppliers, tenants and residents.

20.07.20

Case study: Telstra

Telstra announces carbon neutral operations from 2020. In March, the telecommunications giant took a leap towards net zero through a commitment to reduce its operational emissions, with scope to address absolute emissions.

27.04.20

Net zero momentum tracker – retail report

Retailers are realising their important role in reducing Australia’s carbon emissions The latest Net Zero Momentum Tracker report assesses the emissions-reductions commitments and activities of 23 leading Australian retail companies.

  • Australia