We are committed to being a sustainable business and continuing our decarbonisation journey.
Boral leads the industry in using circular economy principles. We leverage our network of recycling facilities to process construction waste material, otherwise destined for landfill, back into the construction process as new materials. Every tonne of recycled material used in concrete manufacturing at Boral extends the life of a quarry by the equivalent tonne.
As a manufacturer of emissions-intensive products, it is important that we continue Boral’s pragmatic approach to decarbonisation, ensuring progress is sustainable and economical. To that end, we are actively investigating technology-driven opportunities to accelerate that journey.
For carbon-intensive industries such as cement, effective regulation that supports investment and leadership in innovative technologies is increasingly important. Initiatives such as the European Union Carbon Border Adjustment Mechanism will assist the industry to reduce carbon emissions, rather than move them offshore.
Boral is also very interested and active in exploring recarbonation, the potential of which has been acknowledged and confirmed by the Sixth Assessment Report of the United Nation’s Intergovernmental Panel on Climate Change. Given the potential impact on net emissions, it is important for Australia to also recognise the opportunities presented by the recarbonation process.
Our sustainability framework focuses on five pillars: People, Environment, Markets, Assets and Financials (PEMAF). For each of these areas, we have identified the most material topics to shape our priorities and drive accountability and results.