Sustainability Report 2024 Highlights a Year of Transition

With the Australian energy system in a period of great change, 2024 was a year in which SGSP (Australia) Assets Pty Ltd (SGSPAA) continued to focus on delivering energy safely, reliably and sustainably, while engaging with customers and stakeholders to understand their future needs.

SGSPAA, operating as energy asset owner an operator Jemena and engineering and construction services provider Zinfra, released its Sustainability Report 2024: A Sustainable Transition today.

Managing Director David Gillespie said: "Reducing our greenhouse gas emissions is one important part of our Environment, Social and Governance, or ESG, efforts, but we are also very focused on reducing our waste, providing energy security for our customers, and making our workplace safe for employees as well as a place where they feel like they belong.”

“We’re also pleased to have been able to work with organisations based in the communities where we operate to provide support for people experiencing disadvantage, as well as supporting Indigenous Australians in the Northern Territory into work-readiness training.”

Some 2024 highlights include:

Climate and Nature

• signing Memorandums of Understanding with Optimal Renewable Gas, Sojitz, Solarig [TC1] and Gwydir Circular economy to assess the feasibility of injecting hydrogen and biomethane into the New South Wales gas network as part of furthering Australia’s renewable gas sector

• setting our first greenhouse gas emissions reduction target of 30 per cent by 2030 (which focuses on reducing our Scope 1 and Scope 2 emissions compared to a 2021-22 baseline), and developing our credible plan for how we will deliver emission reductions via our Climate Transition Plan, which was released in February 2025

• reducing the volume of waste we generated by 19 per cent

People and Safety

• decreasing the number of injuries per 1 million hours worked from 3.3 in 2023 to 2.7 in 2024

• decreasing our gender pay gap from 19.4 per cent in 2024 to 18.3 per cent in 2023

• focusing on apprentice safety and decreasing the numbers of minor injuries

• commencing a series of activities to further improve our asset risk management both as part of our refreshing our Health and Safety Strategy and following an incident on the Queensland Gas Pipeline

Customers and Community

• helping support Australian energy security through commencing work to make the Eastern Gas Pipeline bi-directional to be able to flexibly deliver gas from the Port Kembla Energy Terminal to customers in New South Wales and Victoria

• completing two major programs of customer engagement to develop our pricing and services plans for our two regulated networks – Jemena Gas Networks and the Jemena Electricity Network – as well has helping inform our 10 year plans for the future of these networks

• investing more than $700,000 through donations, sponsorships and grants to groups supporting people – including our customers experiencing vulnerability - in communities near our assets

Awards and Acknowledgments

• ranking as number 8 in the list of Australia’s Top 40 Workplaces to Give Back for our Community Program

• recognised as a top 100 Australian Financial Review Graduate Employer

• shortlisted for Energy Networks Australia’s Consumer Engagement award

• finalist in Australian Financial Review’s Energy Awards for our Malabar Biomethane Injection Plant.

Mr Gillespie thanked team members across Jemena and Zinfra for their work in 2024. “I want to thank everyone across our business for the work they put in across 2024 to deliver these achievements, and thank our customers and other stakeholders for their support.”

Click here to read our 2024 Sustainability Report: A Sustainable Transition.