AGL Energy has signed on as a founding partner organisation for the Victorian Government’s TAKE2 Pledge program, an initiative to reach net zero emissions by 2050.
As one of Victoria’s largest integrated energy companies, AGL has played up its commitment to a decarbonised electricity sector, with head of economic policy and sustainability Tim Nelson saying the transition requires broad, cross-sector engagement.
“We understand the challenges associated with emissions from the energy sector and that there are a range of views on what needs to be done. AGL actively seeks to engage with all stakeholders on ways to decarbonise our energy and economy,” he said.
AGL recently released the Carbon Constrained Future – AGL’s approach to climate change mitigation: a scenario analysis’ report, which explores at AGL’s operations within a carbon constrained future, specifically a two degree pathway to decarbonisation. It also highlights activities being undertaken by AGL to reduce greenhouse gas emissions including a commitment to decarbonise its generation portfolio by 2050 and the launch of the Powering Australian Renewables Fund to generate investment in 1000MW of renewable energy.