Environment and climate

We recognise the widely accepted scientific consensus that human activities are the driving force behind climate change. We also support the global efforts and targets aligned with the Paris Agreement to limit global worming to no more than 2°C above pre-industrial levels, while striving for l.5°C.​

Protecting our environment

We're committed to operating in a way that is compatible with the environmental and economic needs of the communities in which we work. We do this by minimising risks of harm to the environment and human health. Our commitments are outlined in our Health, Safety, Environment and Quality Policy.

Health, Safety, Environment and Quality Policy (PDF, 136 KB)

Our position on Climate Change

Our Climate Change Position Statement outlines our strategic intent, guiding principles and a corporate goal of net zero greenhouse gas emissions by 2045, with an interim target of 50 per cent reduction by 2030 (relative to a 2022 baseline). We support the Victorian Government's target to achieve net zero emissions by 2045 (Scope 1 and 2), and the interim targets for 65 per cent renewable energy by 2030 and 95 per cent by 2035 .

We are actively supporting the transition to renewable energy by expanding transmission capacity, improving distribution, enhancing network resilience and integrating electric vehicles and other consumer energy resources into our network. These actions maximise the amount of renewable energy that can be generated across Victoria, reducing the emissions caused by the consumption of electricity in our homes, businesses and industry.

Climate Change Position Statement (PDF, 129 KB)

Our actions to manage climate risks and opportunities

We recognise that climate change will create physical risks to our network assets, intensifying and becoming more frequent as the climate continues to warm. We are taking a proactive approach to monitoring, understanding and preparing for climate change impacts. The key focus areas below highlight our past and current actions. For more information, download our latest Task Force on Climate-related Financial Disclosures (TCFD) Report.

Task Force on Climate-related Financial Disclosures Report (PDF, 3 MB)