Relationships

Notes

• During FY23, AGL has made contributions to various (non-government) industry associations for work done on particular issues or projects. These contributions are not included above. In addition, the associations are not included above except where AGL has also paid annual membership fees to them.

• AGL’s view may differ on some issues from the industry groups to which we belong. Where this occurs on material issues, we aim to ensure that stakeholders are aware of these differences of view.

• Two key issues that AGL seeks to clarify with industry associations are policy advocacy positions regarding the appropriate action to address climate change in Australia, and policy advocacy positions regarding the ownership of energy assets by regulated monopolies and/or government entities. There is general agreement among AGL and our industry associations about the principles that should guide Australia’s greenhouse gas emission reduction targets and climate change policy framework. AGL supports the ambition of the Paris Agreement and advocates for industry associations of which it is a member of to support policy settings that will enable the delivery of more ambitious action to limit global warming. There is also general agreement that Australia’s climate change objectives are most efficiently managed at a national level, rather than by state governments developing jurisdictional targets and policies. There may, however, be some disagreement among these associations about the particular mechanisms to achieve these outcomes and the prioritisation of particular principles to guide the policy pathway, with different organisations prioritising industry competitiveness, the use of market-based mechanisms, accelerating the use of renewable energy, energy affordability, policy stability, or the integration of climate change and renewable energy policies. Most organisations agree that a sectoral approach for electricity generation is appropriate. There is general agreement that private capital should be unlocked to encourage innovation, competition, and lowest-cost outcomes in the energy sector both in terms of responding to the imperative to act on climate change but also to ensure reliability is maintained and energy remains affordable for all customers.

• During FY23 AGL elected not to renew its former membership of the following industry associations as a result of ongoing review of the value provided by member organisations and alignment with AGL's internal requirements: Energy Users Association of Australia. During FY23, AGL made a decision that it will not renew its membership of the Australian Pipeline and Gas Association, because of a declining need for the technical and operational advice provided by this organisation as AGL exits ownership of upstream gas assets.

GRI Reference: 102-13; 102-42