Ampol Limited

Ampol targets a 50% reduction in Scope 1 and 2 emissions by 2030 from its 2021 baseline of 102,376 mtCO2e—already 56.46% achieved—and net zero operational emissions by 2040, in line with Australia's transport decarbonization push and tightening regulations. Initiatives including the $100 million CEFC partnership, SAF production with Qantas and Neste, AmpCharge EV rollout, 76 solar sites plus Alinta PPA for 40-50% renewable electricity, and carbon insetting via biofuels with Climate Active and Shell Australia will deliver up to 850,000 mtCO2e annual reductions while advancing circular waste-to-fuel projects. These are supported by $53 million yearly sustainability investments and projects such as $120 million SAF and $80 million EV programs projected to return $65 million and $42 million respectively. Carbon insetting specifically converts sustainability from a cost center into a revenue stream, yielding $22 million over five years from verified customer fuel offsets alongside broader gains like $18 million from solar and new income from EV infrastructure. This drives economic resilience, investor appeal through S&P ESG scores, and competitive positioning against transition risks.