Australian Industry Energy Transition Initiative

Supporting Australian industry to realise the opportunities of a decarbonising global economy.

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11 Industry participants

Including BHP, Woodside, BlueScope Steel, BP Australia, Orica, WesCef, APA Group, Australia Gas Infrastructure Group, National Australia Bank, Australian Super and Schneider Electric.

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5 Supply chains

Including steel, aluminium, liquefied natural gas, selected metals (such as gold, copper, zinc, nickel), and chemicals.

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~14% of Australian industrial emissions

Represented by the industry companies which have signed on to the Australian Industry Energy Transitions Initiative.

Australian industry is coming together to accelerate action towards achieving net zero emissions in supply chains by mid century across critical sectors of the Australian economy.

Initiative objectives

 

The Australian Industry Energy Transitions Initiative (Australian Industry ETI) will support Australian industry to develop pathways and actions to support net zero emissions across critical supply chains of the Australian economy. The objective of the Initiative is to accelerate informed action by Australian industry towards the achievement of net zero emissions supply chains by 2050 while managing the transition to thrive in a decarbonised global economy. 

Through a combination of research and on the ground projects, the challenges and opportunities of net zero emissions supply chains in an Australian context will be examined and put into practice. The five sectors that will be the focus of the initiative are: steel, aluminium, liquified natural gas, other metals (such as lithium, gold, copper, zinc, nickel) and chemicals (including explosives & fertiliser). 

Why is this initiative needed?

Australian industry forms part of globally emissions-intensive supply chains that will play a critical role in reducing emissions in line with the goals of the Paris Agreement. There is an opportunity to accelerate the capability of Australian industries to become major suppliers in a decarbonised global economy. Using industry insights and current best practice, we can identify technology gaps requiring research and development to meet the achievement of net zero emissions supply chains by 2050.

COVID-19 has highlighted the interdependencies of communities, countries and economies and offers many lessons for climate change, including the importance of coordinated learning. Managing our way through the current health crisis offers an opportunity to focus on how the business community can support the long term needs for human wellbeing and a safe and healthy environment. 

How will the Initiative fill this gap?

Australian Industry ETI supports Australian industry to develop pathways and take action towards net zero emissions across critical supply chains of the Australian economy:

  • steel
  • aluminium
  • liquified natural gas
  • selected metals (such as gold, copper, zinc, nickel)
  • chemicals (including fertilisers & explosives)

These ‘hard-to-abate’ sectors form part of a broader energy system that must be rapidly transformed if planetary warming is to remain below 1.5°C or even 2°C in line with the Paris Agreement.

Australian Industry ETI is focused on creating a platform for industry learning and experimentation in pursuit of net zero emissions in these hard-to-abate sectors and the supply chains linking them to the global economy.

Australian Industry ETI brings together leaders from industry and business to coordinate learning and action on net zero emissions supply chains. The Initiative invites interest from across the network of Australia’s emissions-intensive industry and related business.

Register your interest

Who we’re working with

Independent, not-for-profit bodies ClimateWorks Australia and Climate-KIC Australia are conveners of the Australian Industry ETI, working in collaboration with the Energy Transitions Commission. The initiative’s  chair is Simon McKeon AO, Chancellor of Monash University, former CSIRO Chairman and former Australian of the Year.

Together, we are developing pathways and taking action towards achieving net zero emissions supply chains by mid century, in Australia’s emissions-intensive industries.

Our office

Climate-KIC Australia
Bldg 10, 235 Jones Street
Ultimo, NSW 2007 Australia

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