Table 1. Cue Energy Emissions Year Scope 1 Emissions (tCO2e) Scope 2 Emissions (tCO2e) Scope 1+2 Intensity Factor (tCO2e per boe) FY23 14,674 298 0.024 FY24 13,852 270 0.022 FY25 14,656 279 0.025 FY26 14,717 304 0.027 Asset level emissions are based primarily on information supplied by the relevant operators and remain subject to revision if underlying data or methodologies are subsequently updated. The Company does not currently report on Scope 3 emissions but does estimate and offset business travel emissions. Offsets and Targets Cue offsets carbon emissions from office operations and air travel by partnering with Greenfleet Australia, a non-profit organisation that plants native trees in legally protected biodiverse forests. These forests help absorb carbon emissions and contribute to long-term environmental restoration. Current focus areas and status are outlined in the table below. Cue intends to maintain these focus areas during FY27 while continuing to prepare for mandatory climate-related financial reporting. Targets Focus Area Target Status Reporting Continue to report Scope 1 and 2 emissions. Ongoing. Reporting Prepare for implementation of Australian mandatory climate disclosures. Ongoing. Implementation scheduled for July 2027, based on Cue’s size classification. Policy and Legal Review climate change policy and update if necessary. Policy published on the Company’s website. Commercial Apply an internal carbon price to investment decisions. Applied on an as-needed basis and to ongoing assessment of existing projects. Emission Reduction Collaborate with JV partners to identify and implement emission reductions or offsets at producing sites. Ongoing. All JV projects are assessing projects for emissions reductions. Emission Reduction Offset 100% of head office and corporate travel emissions. FY26 offsetting achieved via Greenfleet forest restoration. Emission Reduction Support sustainability improvements at office sites. Ongoing Task Force on Climate–Related Financial Disclosure (TCFD) Statement continued 22 Cue Energy Resources Limited Annual Report 2026
RkJQdWJsaXNoZXIy MjE2NDg3