EBOS publishes climate statement, makes progress on emissions reduction
EBOS Group Limited's FY2025 climate statement, published October 1, 2025, reveals significant strides in its climate transition plan, though some targets remain in progress or delayed. The company achieved a 12.3% grid-purchased electricity efficiency improvement per square meter against its FY21 baseline, falling short of its 15% target for FY25 but showing a 2% reduction from FY24. Scope 1 GHG emissions decreased from 3,530 tCO2e in FY24 to 3,343 tCO2e in FY25, while market-based Scope 2 GHG emissions also saw a reduction from 16,354 tCO2e to 15,311 tCO2e over the same period.
The company continues to offset all reported Scope 1 emissions, acquiring and retiring 3,343 Australian Carbon Credit Units (ACCUs) for FY25, a 5% decrease from the prior period. EBOS is also investing in a 5MW ground-mounted solar array in Parkes, NSW, expected to be completed by FY27, to match Australian electricity consumption. While the target to generate renewable energy to cover Australian electricity consumption by FY27 is underway, the zero reported Scopes 1 and 2 GHG emissions target for FY27 is not yet applicable, pending achievement of other targets.
EBOS has identified ongoing physical and transition risks, with certain business activities showing high exposure to damage from extreme weather events and increased cost/reduced access to insurance. However, the company has not experienced any material climate-related physical or transition impacts in FY25, and no climate-related opportunities were deemed material. The internal carbon price remains AU$40 per tonne, unchanged from FY24, used for evaluating sustainability-related investment decisions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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