Helping mid-cap Energy Company develop Climate Transition Action Plan
Our mid-cap upstream energy client operates facilities across Australia and New Zealand. As investor and regulatory pressures grow amidst Australia’s net-zero by 2050 push, the company engaged Evolveable to chart a resilient pathway ahead in their climate transition journey.
Project Goals
We aimed to deliver a Paris-aligned, investment-grade Climate Transition Action Plan for the company by:
- Modeling multiple emissions reduction pathways under various policy and demand scenarios
- working closely with the sustainability and commercial teams
- Performing climate risk assessments across all assets
- Evaluating opportunities around carbon offsets, renewables and hydrogen
Our Rigorous, Data-Backed Methodology
Over the course of nine months, our team:
- Performed risk workshops and engaged internal stakeholders on climate change
- Modelled long-term, scenario-based possible pathways using qualitative and quantitative capabilities
- Engaged with executives on the CTAP development
- Integrated climate into the company’s commercial processes
- Developed a transparent and fit-for-purpose Climate Transition Action Plan
- Developed a Basis of Preparation for auditability and applicability into the future.
How Evolveable Consulting Can Help You
If you are interested in developing a Climate Transition Action Plan for your company or want to learn more about our Climate Change Resilience solutions, please contact us today.