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Environment

Set out below is information on the offsets surrendered by AGL in calendar year 2024.

Project

Project Type

Credit Type

Vintage

Volume Surrendered

Warbreccan Regeneration Project

Carbon Removal

ACCU

FY23

10,000

Nooralaba Station Forest Regeneration Project

Carbon Removal

ACCU

FY25

10,000

FY24

9,163

Byzantium Induced Regeneration of Native Forest Project:

Carbon Removal

ACCU

FY24

6,898

Kenya Burn Stoves Project:

Emissions Reduction

GSVER

CY22

174,000

CY23

109,955

VPA2: Efficient & Clean Cooking for Households in Kenya

Emissions Reduction

GSVER

CY22

50,000

CY23

50,000

TASC Clean Cooking PoA VPA 1 (Zambia)

Emissions Reduction

GSVER

CY22

79,169

CY23

63,758

Circle Gas LPG Smart Meter Program in Kenya

Emissions Reduction

GSVER

CY22

149,778

TASC Clean Cooking PoA VPA 3 (Zambia)

Emissions Reduction

GSVER

CY22

8,443

Total offsets surrendered for CY24

721,164

Notes

Volume surrendered number is the number of offsets surrendered for calendar year 2024.

An ACCU is a unit issued to an entity by the Australian Clean Energy Regulator (CER). Each ACCU issued represents one tonne of carbon dioxide equivalent (tCO2e) stored or avoided by a project.

GSVER refers to a unit issued by Gold Standard, an international standard for carbon offset projects that demonstrate carbon avoidance/sequestration outcomes.

Each GSVE Represents one tonne of carbon dioxide equivalent (tCO2-e) stored or avoided by a project.