The Net Zero Initiative is Monash’s strategy to transition to net zero emissions by 2030. Utilising ClimateWorks Centre’s research for the United Nations Sustainable Development Solutions Network Deep Decarbonisation Pathways Project, the Net Zero Initiative is based on:
In 2022, Monash undertook the following activities to transition to net zero emissions:
Greenhouse gas emission from natural gas (Scope 1) and electricity (Scope 2) have reduced significantly since 2017, when Net Zero by 2030 was announced. In 2022, net emissions were 28 per cent below 2021 and 51 per cent below the 2015 baseline. An increase in the voluntary surrender of large-scale generation certificates (LGCs) purchased from the Murra Warra Wind Farm is a primary contributor to our emissions reductions.
In 2022, Greenhouse gas emissions attributed to Scope 1 emissions (natural gas used for heating and cooling) increased by 9 per cent, while Scope 2 emissions (electricity consumption) decreased 40 per cent compared to the previous year.
In 2022, our emissions intensity decreased by 29 per cent when compared to 2021 and is 64 per cent below the 2015 baseline.
