Climate Action 100+

Traffic light benchmarks

The Traffic Light Benchmarks are a set of metrics that measure the progress of companies towards the Paris Agreement goals. The metrics are based on the company's current trajectory and are used to assess the company's alignment with the Paris Agreement goals.

Yes, meets all criteria.
Partial, meets some criteria.
No, does not meet any criteria.
Not currently assessed.

These categories quickly indicate corporate progress and identify areas for potential development in alignment with the Paris Agreement's targets.

View complete profile
Origin Energy

Origin Energy traffic light benchmarks

Indicator Status
Unabated Coal Phase-out Alignment With a 1.5°C Pathway FULL RETIREMENT NOT CONSISTENT WITH NZE (1.5°C)

Scores indicate if the company’s coal unit phase-out plans match the following scenarios:

  • Green: Full retirement of coal-fired generation fleet consistent with CTI’s interpretation of the IEA’s Net Zero Emissions by 2050 Scenario (NZE – 1.5°C) scenario.
  • Amber: Full retirement of coal-fired generation fleet, which is not consistent with CTI’s interpretation of the IEA’s NZE (1.5°C).
  • Red: Partial retirement of coal-fired generation fleet OR unannounced retirement/insufficient data on retirements.
Unabated Gas Phase-out Alignment With a 1.5°C Pathway FULL RETIREMENT NOT CONSISTENT WITH NZE (1.5°C)

Traffic light colours indicate if the company’s gas unit phase-out plans match the following scenarios:

  • Green: Full retirement of unabated gas-fired generation fleet consistent with CTI’s interpretation of the IEA’s Net Zero Emissions by 2050 Scenario (NZE – 1.5°C).
  • Amber: Full retirement of unabated gas-fired generation fleet, which is not consistent with CTI’s interpretation of the IEA’s NZE (1.5°C).
  • Red: Partial retirement that is not consistent with CTI’s interpretation of the IEA’s NZE (1.5°C) or unannounced retirement/insufficient data on retirements.

A full phase-out of unabated gas units leaves open a role for other abatement technologies such gas-to-hydrogen conversion beyond 2050.
Coal Capacity Alignment With a 1.5°C Pathway 0-75% NZE (1.5°C) CONSISTENT

Traffic light colours indicate if the percentage of planned coal generation capacity is consistent with the Paris Agreement goal of limiting global warming to 1.5°C (IEA Net Zero Emissions by 2050 Scenario – NZE):

  • Green: 100% NZE (1.5°C) consistent
  • Amber: 75-99% NZE (1.5°C) consistent
  • Red: 0-75% NZE (1.5°C) consistent
Gas Capacity Alignment With a 1.5°C Pathway 0-75% NZE (1.5°C) CONSISTENT

Traffic light colours indicate if the percentage of planned unabated gas generation capacity is consistent with the Paris Agreement goal of limiting global warming to 1.5°C (IEA Net Zero Emissions by 2050 Scenario – NZE):

  • Red: 0-75% NZE (1.5°C) consistent
  • Amber: 75-99% NZE (1.5°C) consistent
  • Green: 100% NZE (1.5°C) consistent

This assumes that all unabated gas generation must be phased out (or abated) by 2050 under NZE. At present, CTI scales down IEA scenarios to regional grid level and therefore does not take local grid constraint issues into consideration.
Source:
  1. CTI
  2. , IEA
  3. , Global Energy Monitor
Updated:
  1. Benchmark data (Sep 2023)

Notes

The Traffic Light Benchmarks are a set of metrics that measure the progress of companies towards the Paris Agreement goals. The metrics are based on the company's current trajectory and are used to assess the company's alignment with the Paris Agreement goals.

Carbon Tracker is a non-profit company set up to produce new thinking on climate risk. The organisation is funded by a range of European and American foundations. Carbon Tracker is not an investment adviser, and makes no representation regarding the advisability of investing in any particular company or investment fund or other vehicle. A decision to invest in any such investment fund or other entity should not be made in reliance on any of the statements set forth in this publication. While the organisations have obtained information believed to be reliable, they shall not be liable for any claims or losses of any nature in connection with information contained in this document, including but not limited to, lost profits or punitive or consequential damages. The information used to compile this report has been collected from a number of sources in the public domain and from Carbon Tracker licensors. Some of its content may be proprietary and belong to Carbon Tracker or its licensors. The information contained in this research report does not constitute an offer to sell securities or the solicitation of an offer to buy, or recommendation for investment in, any securities within any jurisdiction. The information is not intended as financial advice. This research report provides general inform ation only. The information and opinions constitute a judgment as at the date indicated and are subject to change without notice. The information may therefore not be accurate or current. The information and opinions contained in this report have been compiled or arrived at from sources believed to be reliable and in good faith, but no representation or warranty, express or implied, is made by Carbon Tracker as to their accuracy, completeness or correctness and Carbon Tracker does also not warrant that the information is up-to-date.
Questions or comments? Contact us at data@carbontracker.org
Please refer to our terms of use and our privacy and cookies policy. © 2024 Carbon Tracker Initiative. All Rights Reserved.