CR3 is committed to reducing its environmental impact and contributing to a healthier future. Our Clean Air Initiative is a significant step towards this goal, a comprehensive program to replace the high-emission diesel-powered engines in our equipment with cleaner alternatives by 2030.
Phase-out of Existing Engines:
We will systematically retire our existing high-emission diesel engines across all our operations by 2030.
Evaluation & Investment:
Each diesel asset will be assessed to determine the most suitable replacement.
Low-Emission Diesel:
For equipment with impractical electric alternatives, CR3 will invest in newer diesel models equipped with advanced emission control technologies (e.g., Diesel Particulate Filters, Selective Catalytic Reduction) that meet the latest Euro 4.5 standards.
Electric Equipment:
CR3 will prioritise electric vehicles and machinery whenever possible. This includes electric forklifts for warehouses, electric vehicles, and electric-powered construction tools.
Biodiesel Blends:
In some cases, CR3 may explore using biodiesel blends in existing diesel equipment as a transitional step towards full electrification. Biodiesel is a renewable fuel derived from plant or animal fats that can significantly reduce greenhouse gas emissions.
Cleaner Air:
The Clean Air Initiative will significantly reduce CR3’s contribution to air pollution, leading to cleaner air and improved public health in our communities.
Reduced Emissions:
By transitioning away from diesel and towards cleaner technologies, CR3 will minimise emissions of harmful pollutants like particulate matter, nitrogen oxides, and greenhouse gases.
Sustainability:
Electric equipment powered by renewable energy sources reduces reliance on fossil fuels and promotes a sustainable future.
Cost Savings:
While new engines and equipment will require an upfront investment, CR3 anticipates long-term cost savings through lower fuel consumption and reduced maintenance needs of electric and newer, low-emission diesel models.
In FY2023, we successfully repowered four assets with new engines, all of which adhered to the Euro 4.5 emission standard. This aligns with our forecasted projections to meet our target of replacing or scrapping older high-emission engines by 2030.
Together, through the Clean Air Initiative, CR3 is taking a proactive step towards a cleaner, healthier future for our planet and communities.