25 June 2024
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As part of a global pledge to reduce carbon emissions and avoid the worst impacts of climate change, the Victorian government has committed being net zero by 2045.
Backed by legislated targets, Victoria’s transition is underway with significant investment in renewable energy, new transmission lines and energy efficiency initiatives.
The unprecedented investment in our transport sector is both a source of our emissions and an opportunity to put in place measures to reduce the footprint of construction, both within our portfolio and beyond. We can leave a lasting legacy, helping to transition the industry to a net zero economy, supporting job creation and new industries.
Our Transport Infrastructure Decarbonisation Strategy sets out our commitments within 2 distinct streams:
1 - Decarbonise our corporate operations
2 - Decarbonise our transport projects in line with the Climate Change Act and net zero 2045 ambitions.
Our focus will centre on driving efficiency, value engineering and seeking to reduce emissions through smart decision making. We will continue to support innovation in our industry, driving down the emissions associated with our materials and construction techniques.
We recognise that we do not act alone. To be successful will require collaboration and coordination from government and asset owners, the construction industry and supply chains.
Work has already begun, but through this strategy we have now identified clear and deliberate actions we will take to support Victoria’s journey to net zero.