In 2024, NetLink NBN Trust completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
NetLink NBN Trust has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 200a | 340a | 619a | |
Total Scope 2 | ||||
Market-Based | 168a | 324a | 344a | |
Location-Based | 273a | 415a | 421a | |
Total Scope 3 | 34,242a | 38,057a | 33,372a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6559a | 1.1214a | 2.2218a |
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In 2024, the total operational greenhouse gas (GHG) emissions of NetLink NBN Trust amounted to 473 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of NetLink NBN Trust decreased by 37.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of NetLink NBN Trust were 200 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, NetLink NBN Trust's Scope 1 emissions have decreased by 67.69%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), NetLink NBN Trust's Scope 1 emissions decreased by 41.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, NetLink NBN Trust reported Scope 2 greenhouse gas (GHG) emissions of 168 tCO₂e using the market-based method and 273 tCO₂e using the location-based method.a
Since 2022, NetLink NBN Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 35.15%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), NetLink NBN Trust's Scope 2 emissions (Location-Based) fell by 34.22% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, NetLink NBN Trust reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, NetLink NBN Trust reported 34,242 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of NetLink NBN Trust includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, NetLink NBN Trust reported total Scope 3 emissions of 34,242 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 32.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.83% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, NetLink NBN Trust's Scope 3 emissionshave remained relatively stable, indicating that NetLink NBN Trust's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), NetLink NBN Trust's Scope 3 emissions decreased by 10.02%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, NetLink NBN Trust reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to NetLink NBN Trust's Scope 3 emissions were:a
In 2024, NetLink NBN Trust reported Scope 1 greenhouse gas (GHG) emissions of 200 tCO₂e and total revenues of USD 305 millions. This translates into an emissions intensity of 0.66 tCO₂e per millions USD.a
In 2024, NetLink NBN Trust reported a Scope 1 emissions intensity of 0.66 tCO₂e per millions USD. Compared to the peer group median of 1.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, NetLink NBN Trust ranked 7 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
NetLink NBN Trust is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, NetLink NBN Trust reported a total carbon footprint of 34,715 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.56% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to NetLink NBN Trust's total carbon footprint was Scope 3 emissions, accounting for 98.64% of the company's total carbon footprint, followed by Scope 2 emissions at 0.79%.a