2023 Sustainability Report
This Sustainability Report outlines the sustainability approach and efforts of Carnarvon for the year ending 30 June 2023.
A LETTER FROM THE CHAIR
Peter MooreChair – Risk, Governance, and
Sustainability
Committee
There have been several significant changes to the regulatory landscape in Australia in the past year in respect of sustainability.
In September last year the Albanese Government’s Climate Change Act commenced operation, legislating Australia’s commitment to reduce GHG emissions by 43% below 2005 levels by 2030. The emissions reductions ushered in by the Climate Change Act are supported by a number of other initiatives, most relevantly reforms to the Safeguard Mechanism under the National Greenhouse and Energy Reporting Act.
READ MORE2023 ESG HIGHLIGHTS
- 29.6 tonnes of CO2e offset
- Zero incidents of non-compliance with environmental laws and regulations
- Continued gender diversity reporting
- Zero incidents of discrimination
- Average of 47 hours of training per employee
- Zero anti-bribery or corruption violations
- ACIL Allen independent economic assessment report on the economic benefits of a renewable diesel industry in Western Australia
- Carbon Strategy finalised
- Human Resources Policy finalised
- Progressed acquisition and/or generation of emissions offsets
Our projects
Click on projects on map to read more
Pepper Project (EP509 & TP29) (Carnarvon 100% and operator)
EP509 and TP29 (Pepper Project) are located in the Barrow Sub-basin of the Northern Carnarvon Basin, within State waters. Both permits sit within shallow water depths (less than 50 meters) and lie adjacent to each other, immediately south-west of Barrow Island, offshore Western Australia.
READ MOREDorado & Pavo Project
Carnarvon secured its interests in the Bedout Sub-Basin permits (WA-435-P, WA-436-P, WA-437-P and WA-438-P) in 2009. The offshore permits cover an expansive area of 21,652km2 which is located approximately 110km from the coast, offshore of Port Hedland in Western Australia.
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ABOUT THIS REPORT
Carnarvon conducts annual sustainability reporting in alignment with its annual financial reporting cycle that runs from 1 July to 30 June (“FY23”). This Sustainability Report has been reviewed and approved by Carnarvon’s Board.
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