Committed to net zero
Our commitment
Boral was the first in the global construction materials industry to set FY2030 science-based Scope 1 and 2 targets aligned with limiting global warming to 1.5°C1, and has joined the Science Based Targets initiative (SBTi) Business Ambition for 1.5°C and UNFCCC Race to Zero.
In December 2021, our ambitious FY2030 emissions reduction targets were approved by SBTi as consistent with the levels required to meet the goals of the Paris Agreement.
We are committed to net zero carbon emissions by no later than 2050, aligned with the most ambitious aim of the Paris Agreement to limit global warming to 1.5°C.2
Understanding our commitments and carbon emissions
Business Ambition for 1.5°C
is a global initiative calling for action on climate from a global coalition of UN agencies, business and industry leaders, in partnership with the Race to Zero.
Science Based Targets initiative (SBTi)
SBTi provides the benchmark for setting science-based targets to reduce greenhouse gas emissions. These are targets that are in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement.
Scope 1 emissions
Direct emissions such as from the use of fuels in manufacturing, process emissions from calcination in cement manufacturing, and transport of raw materials.
Scope 2 emissions
Indirect emissions from purchased electricity.
Scope 3 emissions
Indirect emissions from our broader supply chain, such as from the goods and services we purchase and the transport of materials to our operations and to our customers not using our own vehicles.
1.Based on construction materials, including cement, companies taking action through the Science Based Targets initiative (SBTi).
2.While SBTi’s methodology permits use of carbon offsets to achieve net-zero emissions post 2030, our decarbonisation pathway post-2030 is prioritising achieving actual operational emissions reductions for Scope 1,2, and 3. We are exploring the use of offsets for the latter part of our decarbonisation journey and to continue to support customer net zero objectives for products that we supply.
3.Aligned with SBTi rules we have an allowance for a 5% exclusion from the FY2019 baseline for Scope 1 and 2 emissions combined, justified by a proportion of our cement clinker being sold to external parties. Whilst this graphic shows an even downward trajectory each year between targets, the decarbonisation achieved annually may be greater or lesser than the glide-path shown, depending on timing of initiatives and availability of cost-effective technology.
4.Aligned with SBTi rules and Scope 3 physical intensity target methodology, we have an allowance for a 32% exclusion from the FY2019 baseline for Scope 3. This is justified by excluding selected categories of Scope 3 emissions, or activities within these categories, where we have less capacity to influence or change the emissions intensity of that activity.
5.Cementitious materials produced is defined following the Global Cement and Concrete Association definition: Total clinker produced for cement production or direct clinker sale plus mineral components and all clinker substitutes consumed for blending, plus all cement substitutes.
6.Estimated contribution is contingent on cost effective and available technologies.