Ampol expands implementation of carbon neutral fuel program
Ampol Limited announced the expansion of its carbon neutral fuel solution, Ampol Carbon Neutral, which is aimed at offsetting the greenhouse gas (GHG) emissions associated with the sourcing, refining, distribution, retailing and consumption of its petrol and diesel products.
Following the completion of a successful pilot program delivered over the past 10 months, all Ampol business customers will get access to Ampol Carbon Neutral. This will allow Ampol business customers to take meaningful action to start their decarbonisation journey, while also supporting important environment and community projects in Australia and overseas.
Ampol Carbon Neutral offsets emissions through the purchasing and retirement of a portfolio of carbon credits that have been handpicked by Ampol. These projects currently include nine Australian projects that are proven to deliver social and environmental benefits to regional farmers and local communities.
Ampol Carbon Neutral has been certified by Climate Active, a program backed by the Australian Government aimed at empowering voluntary climate action through carbon neutral certification.
“While we continue our important work to explore new lower emissions transport solutions for our customers, including electric vehicle charging through AmpCharge, Ampol Carbon Neutral provides a solution for customers looking to offset emissions from their consumption of fuel in the short term, while also supporting important environment and community projects,” said Brent Merrick, executive general manager, International and New Business. Ampol Carbon Neutral forms part of the company’s future energy and decarbonisation strategies, he said.
“In developing Ampol Carbon Neutral, we have conducted a comprehensive due diligence process to invest in high-value environment and community projects that adhere to stringent standards of social and environmental performance, public transparency and legal accountability. Many of the projects are Australian-based, including native forest protection projects near Cobar and Brewarrina, New South Wales, and customers will be provided optionality to choose from two project portfolios to match their sustainability objectives.
“Through the successful delivery of the Ampol Carbon Neutral pilot, we have uncovered strong interest within our business customer base to support Australian-based projects that have a meaningful impact on the environment and local community. Seamless integration with our existing account management process is also an important benefit for our customers.
“I look forward to inviting our broader business customers to take part in this program, while continuing to progress investment in new fuel technologies to meet our customers’ needs well into the future.”
Through Ampol Carbon Neutral, customers are offered two carbon neutral portfolios to choose from – one that features 100% Australian projects, and the other featuring 30% Australian projects. The program offers a flexible opt-in model, with customers being provided choices to apply portions of their volume to meet sustainability targets.
Ampol also recently unveiled its electric vehicle charging solution, AmpCharge, which will offer customers recharging options at home, on the road, and at work. The first AmpCharge pilot sites will open this month, with the roll out to extend to approximately 120 locations by October 2023.
