The snapshot report follows the Government’s release of the Emissions Reduction Plan discussion document last week and ahead of the United Nations Climate Change Conference (COP26) in Glasgow to accelerate action towards the goals of the Paris Agreement.

“While it is for governments to set emissions budgets, targets, and plans, it is businesses that will primarily lead the action needed to transition to a low-emissions economy, as well as providing the vast majority of the required investment,” Coalition convenor and CEO of Z Energy Mike Bennetts says.

“That’s why it’s encouraging that our signatories have committed a collective $9.5 billion for investments in reducing emissions from our business operations over the next five years.”