Understanding Australian Infrastructure Carbon Reduction Initiative 2 Understanding Australian Infrastructure Carbon Red | Page 16

“This exciting initiative represents a genuine commitment, and start, to aligning our assets to the Paris Agreement, and it makes perfect business sense by reducing costs, mitigating future business risks and contributing to outcomes that our customers value.” NT Airports have committed to producing zero net emissions by 2030 through the construction of onsite solar electricity generation and energy efficiency projects, while Melbourne and Brisbane airports have committed to reducing their emissions by 16% and 25% respectively by 2024, also through solar and building efficiency upgrades. NSW ports has committed to reducing its emissions by 20% by 2024, the Port of Brisbane has said it will reduce emissions by 38% by 2030, and Melbourne’s Southern Cross Station has committed to a 47% reduction by 2030 by installing energy efficient lighting, and other measures.