FY24 Sustainability Report
Amplitude Energy's FY24 Sustainability Report describes Amplitude Energy's sustainability performance across each of our environment, social and governance activities.
Greenhouse gas emissions accounting changes
Since we published the FY24 Sustainability Report, Climate Active has changed certain emissions factors.
Like many organisations, we use Climate Active’s calculation methodologies to determine our relevant Scope-3 emissions.
This Climate Active change has resulted in an update to the FY24 emissions data disclosed on page 30 of the Report.
Updated FY24 Figures
| Unit | FY24 updated | FY24 original | Difference | |
| Relevant Scope-3 emissions | tonne CO2-e | 23,7010F[1] | 16,3991F[2] | 7,302 |
| Totalorganisationalemissions | tonne CO2-e | 124,478 | 117,176 | 7,302 |
| Emissionsoffsets retired and retirement balance from previous year | tonne CO2-e | -126,304 | -121,413 | -4,990 |
| Net organisation emissions | tonne CO2-e | 0 | 0 | - |
| Offsets retired and banked for future years | tonne CO2-e | 1,826 | 4,237 | -2,411 |
| Totalorganisationemissionsintensity(Scope 1 + Scope 2 + relevant Scope 3, before offsets) | kg CO2-e/boe | 33.5 | 31.5 | 2.0 |
We retired additional carbon credits to ensure our Carbon Neutral [3] position is unaffected. For more information, please contact our team for investors and media.
[1] Determined using Climate Active calculation methodology provided in October 2024
[2] Determined using Climate Active calculation methodology provided in August 2024
[3] Cooper Energy has been certified by Climate Active as a Carbon Neutral organisation for its Scope 1, Scope 2 and what Cooper defines as its relevant Scope 3 emissions (embedded energy and business travel) for FY20-23. It is in the process of seeking FY24 certification. The Company achieves this status by working to avoid and minimise direct emissions and purchasing and surrendering verified carbon credits to compensate for its residual emissions. Certification was first achieved in June 2021 for the FY20 period.
See 5 November 2024 ASX Announcement.