Port Kembla Steelworks
Reported emissions vs baseline, 2024–2024
Credit surrenders — Port Kembla Steelworks
| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 5.95 Mt | 6.18 Mt | -232 kt | — | — | Under baseline |
What this means
Port Kembla Steelworks is a steel manufacturing facility operated by BLUESCOPE STEEL (AIS) PTY. LTD. in NSW. Like all covered facilities, steelmaking from iron ore releases large quantities of CO₂ through the coking coal process. Under Australia's Safeguard Mechanism, Port Kembla Steelworks must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, Port Kembla Steelworks came in under its baseline — reporting emissions of 5.95 Mt against an obligation of 6.18 Mt, a surplus of 232 kt. Facilities that come in under baseline can generate Safeguard Mechanism Credits (SMCs), which can be sold to facilities that need to cover an overage. Port Kembla Steelworks generated 232,088 SMCs in 2023–24.
Across the steel manufacturing sector, 3 of 5 covered facilities reported emissions above their baseline in 2023–24. The table below compares Port Kembla Steelworks with other steel manufacturing facilities covered by the Safeguard Mechanism.
Steel Manufacturing facilities — Safeguard Mechanism 2023–24
| Facility | Operator | State | Emissions | vs Baseline | Compliance |
|---|---|---|---|---|---|
| Liberty Primary Steel Whyalla Steelworks | ONESTEEL MANUFACTURING PTY LIMITED | SA | 1.19 Mt | +165 kt | Pending |
| Western Port Works | BlueScope Steel Limited | VIC | 108 kt | +8 kt | SMC buyer |
| InfraBuild Steel Laverton Steel Mill | THE AUSTRALIAN STEEL COMPANY (OPERATIONS) PTY LTD | VIC | 114 kt | +1 kt | ACCU buyer |
| Liberty Bell Bay | Liberty Bell Bay Pty Ltd | TAS | 196 kt | -9 kt | Under baseline |
| Port Kembla Steelworks | BLUESCOPE STEEL (AIS) PTY. LTD. | NSW | 5.95 Mt | -232 kt | Under baseline |
All data sourced from the Clean Energy Regulator (Australian Government). Zerra is an independent data platform and is not affiliated with any listed facility or operator.