Turning portfolio emissions data into a clear net zero pathway

Setting a net zero target is only the starting point. For large real estate portfolios, fragmented data, evolving assets and competing stakeholder priorities can make it difficult to define a clear, credible path forward. Without a robust baseline, organizations risk making decisions without understanding where emissions come from or how they will change over time. In this case, a global energy company’s real estate portfolio in Australia required a clear view of its current and future emissions under business-as-usual conditions. Establishing a reliable baseline and modeling emissions through 2030, enabled us to identify where action would have the greatest impact — creating a foundation for a structured, achievable net zero strategy. 

Jacobs supported the client in developing a comprehensive greenhouse gas baseline and modeling its future trajectory, providing a clear starting point for action. We then led a structured options assessment, evaluating measures such as portfolio rationalization, energy efficiency, power purchase agreements and on-site renewables. Using multicriteria analysis and marginal abatement cost curves, combined with targeted stakeholder workshops, we were able to prioritize solutions based on cost, feasibility and impact, and deliver a practical, phased roadmap to reduce Scope 1 and 2 emissions. This gave the client a clear, evidence-based pathway to achieve net zero by 2030 — and highlighted how to embed emissions reduction decisions across its Australian portfolio.