CSL
Headline intensities
Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.
OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.
EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?
PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.
Climate action evidence
1 record · 1 source- Unclassified56 tCO2e(100%)
- 56 tCO2e
- · berkeley_voluntary_registry
Strategy & approach
How the firm describes its decarbonisation approach in its own words — alongside the headline numbers above. Self-reported, page-cited.
CSL is investing in renewable electricity and improving facility energy efficiency. Australian manufacturing sites will transition to renewable electricity from January 2025. Increased renewable electricity use across the CSL enterprise was the key driver of decreased Scope 2 emissions in FY24, despite production returning to pre-COVID levels.
No narrative on durable removals approach in the firm's most recent reports.
- Energy efficiency of manufacturing facilities
CSL is reducing direct operational emissions by improving energy efficiency of facilities and designing/building new facilities with sustainability in mind. Despite facility expansions and return to pre-COVID production levels, total Scope 1+2 emissions have remained relatively stable.
- Renewable electricity procurement
Investment in renewable electricity is a central lever, anchored by the transition of Australian manufacturing sites to renewable electricity from January 2025. This is cited as a primary driver of Scope 2 reductions.
- Refrigerant management
CSL improved data accuracy on refrigerants in FY24, which slightly increased reported Scope 1 emissions. Refrigerants are a meaningful direct-emissions lever for pharmaceutical manufacturing operations.
- Supplier SBTi target-setting engagement
CSL has actively engaged with 71.3% of suppliers by emissions to set SBTi-aligned targets; 51.7% of suppliers (by share of FY23 Scope 3 emissions) have self-reported Scope 1&2 SBTi-aligned targets. CSL intends for suppliers accounting for 67% of Scope 3 emissions to set such targets.
Targets
Near-term
3 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2021 | 2030 | −42% | 1.5°C | insufficient data | — |
| Scope 1 + 2 | — | 2030 | −40% | In corporate strategy | insufficient data | — |
| Scope 3 | 2021 | 2030 | −73% | insufficient data | — |
Net zero
2 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | — | 2050 | — | In corporate strategy | absolute-value target | — |
| Scope 1 + 2 + 3 | — | 2030 | −100% | SME Climate Hub commitment | insufficient data | — |
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Latest news· last 5 of 11
full news log →- 2024SBTi-aligned 40% Scope 1+2 reduction by 2030
- 2024Refrigerants methodology updated
- 2024Zero absolute growth in water at three priority sites by 2030
- 202490% manufacturing waste diversion (Zero Waste) by 2030
- 2024Gender representation goals for People Managers and Senior Executives