Tamboran Resources has released its first climate change report which outlines the company’s strategy to achieve net-zero.
The report is structured to align with the task force on climate-related financial disclosures (TCFD) framework and outlines Tamboran Resources’ leading role in the energy transition as a reliable supplier of gas.
Tamboran Resources managing director and chief executive officer Joel Riddle said the release of the report was a significant step for the company.
“Tamboran’s TCFD report explains how we are positioning the company for a net zero world, how we are committed to developing our Beetaloo Basin project to be net zero scope 1 and 2 greenhouse gas emissions from first commercial production and our belief in the resilience of a low-GHG intensity natural gas portfolio,” Riddle said.
“The report explains how we manage our climate risks and how we plan to seize the opportunities presented by the energy transition.
“We believe that in a decarbonising economy, natural gas with low reservoir CO2 produced by a company with net zero targets should be prioritised for development.”
Riddle acknowledged how the report frames the company’s future policies.
“Over the next year, we look forward to progressing the development of our net zero equity scope 1 and 2 Beetaloo natural gas project, exploring new opportunities presented by the energy transition and importantly, sharing this journey with all our shareholders and stakeholders.”
View the full report here.
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