- Climate Action
- Financials
BioMar Australia announces new vessel
BioMar Australia is excited to announce a $15 million-dollar, nation-leading project to construct the first green methanol ready vessel in Australia.
BioMar total feed GHG footprint: 1.91 tonnes CO2/tonne feed (-11.9% from baseline 2020)
Scope 1 & 2 SBTi status: -15.3% from baseline 2020 (Market-based approach)
Scope 3 SBTi status: -12.5% from baseline 2021
Achieved scope 1 and 2 emissions reductions through low carbon technological solutions and fuel optimisation
Achieved scope 3 reductions through strategic sourcing and supplier improvement programmes
Download our Climate Action Milestones 2023
Reduce BioMar total feed greenhouse gas (GHG) footprint by 1/3 by 2030
Meet our science-based targets through the Science Based Targets initiative (SBTi) aligned with reductions required to keep global warming to less than 1.5°C
We commit to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year
We commit to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream and distribution 30% by 2030 from a 2021 base year
Ambition to become Net-Zero within our own operations by 2045, baseline 2020
GHG footprint -11.9%
Scope 1 & 2 -15.3%
Scope 3 -12.5%
Read the full story and read more about BioMar's sustainability initiatives in our 2023 Sustainability Report.
Results (2)
BioMar Australia is excited to announce a $15 million-dollar, nation-leading project to construct the first green methanol ready vessel in Australia.
BioMar Australia is excited to announce a $15 million-dollar, nation-leading project to construct the first green methanol ready vessel in Australia.