Coal miningASX: YAL

Yancoal Australia

17Greenwashing / Harmful

Sydney, AustraliaFounded 20040 followers

www.yancoal.com.au

One of Australia's largest coal producers, majority-owned by Yanzhou Coal Mining of China, with thermal and semi-soft coking coal operations across New South Wales and Queensland.

Green Score

17/100
Greenwashing / Harmful
Greenwashing risk
high
Data confidence
medium
Method
how it is calculated
Climate Impact & Solution35%3

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

Yancoal's core business is the extraction and export of thermal and metallurgical coal — a primary source of global CO2 emissions — and it is actively seeking to expand its largest open-cut mine at Moolarben, with no credible diversification away from fossil fuels.

Decarbonization & Targets20%8

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

Yancoal has no SBTi-validated targets and no voluntary net-zero commitment; it complies with Australia's mandatory Safeguard Mechanism and monitors Scope 1 and 2 emissions under NGER, but has publicly stated it has adopted no voluntary climate-related reduction targets.

ESG & Operations15%28

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Yancoal reports total Scope 1 and 2 emissions of approximately 2.37 million tCO2-e, has rehabilitated modest hectares of land, improved female workforce representation by 50% since 2018, and reduced recordable injuries by 34%, but suffered a fatal contractor incident in 2024 and its TRIFR worsened year-on-year; Sustainalytics rates its ESG material risk management as only 'Average'.

Transparency & Verification15%35

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Yancoal publishes annual sustainability reports aligned with TCFD, GRI, SASB Coal Operations, and HKEX ESG Code, and has adopted the new Australian AASB S2 climate disclosure framework, but GHG data verification remains largely internal and there is no CDP questionnaire submission or independent third-party assurance of the full sustainability report.

Integrity15%30

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

Yancoal faces active community and environmental group opposition to its proposed Moolarben mine expansion, which threatens over 100 hectares of endangered koala habitat and critically endangered bird species; it recorded a fatal contractor incident in September 2024; Sustainalytics flags material controversy levels impacting its ESG risk rating; and the company operates as a Chinese state-linked enterprise with associated governance opacity.

Why it's on ClimateTicker

Yancoal Australia is one of Australia's largest coal producers, extracting and exporting thermal and metallurgical coal — a business whose core product is a leading driver of climate change. The company publishes an annual sustainability report and has adopted the 'P4 Change 4 Tomorrow' strategy aligned with TCFD, GRI, and SASB frameworks, but has not adopted any voluntary climate-related targets such as SBTi and holds no CDP disclosure rating. Its expanding mine footprint and absence of a credible transition plan mean its sustainability narrative is structurally disconnected from its climate impact.

harmfulYancoal generates revenue by mining, processing, and exporting thermal and metallurgical (semi-soft coking) coal from multiple open-cut and underground mines across New South Wales and Queensland, selling predominantly into Asian markets including Japan, China, South Korea, and Taiwan. It is majority-owned by Yanzhou Coal Mining Company Limited (China).

Controversy & Greenwashing Watch

mediumNo Voluntary Climate Targets Despite Scale

As one of Australia's largest coal producers with over AUD 1.44 billion EBITDA in 2025, Yancoal has adopted zero voluntary emissions reduction targets (no SBTi, no CDP, no net-zero pledge), relying solely on mandatory Safeguard Mechanism compliance.minichart.com.sg

mediumSustainalytics Material ESG Controversy Flags

Sustainalytics records material controversy incidents impacting Yancoal's ESG Risk Rating over the past three years and rates its overall management of ESG material risk as only 'Average'.sustainalytics.com

highMoolarben Mine Expansion — Koala and Threatened Species Habitat Destruction

Yancoal is seeking approval to expand its Moolarben open-cut thermal coal mine, which would clear over 100 hectares of endangered koala habitat and threaten the critically endangered Regent Honeyeater, drawing protests at its 2025 AGM.nature.org.au

highFatal Contractor Incident at Austar Mine

A contractor, Craig Hugo, died following an incident at Yancoal's Austar site during a care and maintenance operation in September 2024, worsening the company's TRIFR from 5.1 to 6.7 year-on-year.announcements.asx.com.au

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