Boral Strategic Update and Developments slide image

Boral Strategic Update and Developments

BORAL Integrating sustainability and business strategy Since 2012 our energy use and carbon emissions have reduced 24% and 27% respectively Energy consumption (petajoules) 15 2050 Boral's energy consumption and total scope 1 and 2 GHG emissions 1,2,3 30 4.0 3.5 25 3.0 2.5 2.0 1.5 10 1.0 0.5 0.0 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018. Natural gas Diesel and liquid fuels Biofuels Electricity Coal Other (million tonnes CO2-e) Total GHG emissions from operations Fly ash reclaim at Montour, Pennsylvania demonstrates Boral's capability to increase fly ash supply in the market, and therefore reduce cement usage GHG emissions Boral also has proven capability to repurpose fly ash - combined with polymers, it becomes a durable building product 1. Data provided for Scope 1 and Scope 2 GHG emissions and energy consumption is for 100%-owned operations and Boral's share of 50%-owned joint venture operations - it excludes some joint ventures which in aggregate are not deemed to have material emissions 2. USG Boral Asia emissions data for FY2017 has been restated using local electricity emissions factors where available 3. Figures may not add due to rounding BORAL Boral's emissions reductions primarily from Australia Some reductions are permanent, some from divestments, some replaced with imports Boral's Scope 1 & 2 GHG emissions, million tonnes CO2-e FY2012-FY20181 3.54 0.25 0.82 0.13 Includes Headwaters acquisition Largely reflects shift from 100% to 50% ownership 2.60 Boral's strategy has been to reduce exposure to energy and emissions-intensive operations and build a portfolio of lighter weight products, with lower fixed costs Boral Australia emissions are lower due to: - exiting higher cost, less efficient cement kilns at Waurn Ponds and Maldon divestments of East Coast Bricks and Landfill business in Victoria FY2012 Boral Australia Boral North America USG Boral FY2018 - energy and operational efficiency programs • No intention to invest in new cement or brick kilns 1. For the purpose of this analysis, emissions associated with Boral's Australian plasterboard business in FY2012, which was part of Boral Building Products in FY2012 have been reclassified as USG Boral GHG emissions 53 54
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