Climate Change
Hotter and drier conditions, prolonged droughts and more extreme weather events have profound effects across our business.
We are committed to managing the effects of Australia's changing climate by managing emissions in our own operations. We are developing targeted strategies of adaptation that address the specific climate-related risks and opportunities for our business.
Emissions Targets and Performance
Target | Progress |
2025 100 percent renewable electricity in all Australian sites by 2025. | Target achieved through on-site solar generation, procurement and retirement of Large-scale Generation Certificates (LGCs). 30 new solar installations at our branches. |
2030 50 percent reduction in Scope 1 and 2 emissions intensity (tCO2e/$m revenue) by 2030, against a baseline year of 2021. Subject to commercially available technology being available to address feedlot cattle emissions. | 25 percent reduction in Scope 1 and 2 emissions intensity against baseline year of 2021. 17.93 tCO2e/$m revenue in 2023. Down from 18.80 tCO2e in 2022 and 23.86 tCO2e in 2021. |
2050 Net zero Scope 1 and 2 emissions by 2050. | 59,551 tCO2e this year (Scope 1 and 2). Down from 64,772 tCO2e in 2022. |
Our Emissions Profile
Graph showing Elders' emissions profile.
Our emissions profile is made up of five key categories, namely Killara Feedlot cattle at 65 percent, fleet transport fuel at 31 percent, Killara Feedlot equipment fuel at 1.5 percent, other fuel at 2 percent, and electricity for Elders Fine Foods at 0.3 percent.
Sustainable Farming and Innovation
There is a growing need for sustainable farming practices to manage natural resources efficiently while promoting social and economic wellbeing. We support farmers productivity through the introduction of innovative technologies that facilitate sustainable land management. Thomas Elders Sustainable Agriculture (TESA) enables us to champion future-focused solutions in collaboration with industry bodies, universities, and governments.
Read about some of the ways in which Elders staff and clients are committed to sustainable, innovative farming methods in these artcles below.
Opportunities aplenty for innovative wool growers
Supporting a growing beekeeping community
Experimenting with whiskey waste pays off in the paddock
Waste Management
We recognise our responsibility to properly manage our waste and support effective waste management in our supply chains. Our primary waste footprint is made up of product packaging and livestock, including organic waste produced by cattle at our Killara feedlot. We are members of Australian Packaging Covenant Organisation (APCO) which guides our ambition to reduce the packaging waste, in line with the 2025 National Packaging Targets.
Our management practices are tailored in response to the business activities undertaken within our network. Where possible, we recover, reuse or recycle our waste to maintain circularity, through participation in schemes including drumMUSTER and Big Bag Recovery.