Emissions Reduction

Every year, the trees in our plantation estates sequester more than 2.7 million tonnes of carbon dioxide from the atmosphere. The carbon in the timber products we sell is then stored within the wood fibre for at least the duration of its life. 

The responsibly-sourced timber products we produce play an important role in the transition to a low-carbon economy, providing reliable, renewable materials that displace carbon-intensive alternatives.  

However, the world requires urgent action, and we have a responsibility to reduce our own emissions. We take this responsibility seriously and have set an ambitious target of reducing our scope 1 and 2 emissions by 75% by 2030. 

The centrepiece of our emissions reduction strategy is a $30 million investment in a turbine, which will turn the steam generated in the boilers at our Jubilee Sawmill in Mount Gambier into a renewable source of co-generated electricity, powered by biomass offcuts from the mill. Not only will the turbine generate enough electricity to power the mill, it also unlocks the opportunity for further emissions reductions through electrification of trucks, forklifts and other vehicles. 

What else are we doing to reduce emissions? 

• We’re undertaking research to see if naturally occurring ectomycorrhizal fungi can help reduce the amount of fertiliser our trees need to grow; 

• We’re phasing in electric and hybrid vehicles across our fleets to reduce the amount of diesel we consume; 

• We’re working with our suppliers, industry bodies, and government to reduce the carbon intensity of transporting timber and wood products, utilising more efficient haulage configurations and investigating the use of electric trucks.