ENVIRONMENTAL MANAGEMENT PROGRAMS
TXU Australia's certified Environmental Management System and performance record is a testament to the company's environmental commitment. During 2002, all TXU Australia operations not previously certified were successful in obtaining ISO 14001 certification. TXU Networks underwent a triennial re-certification audit and again satisfied the requirements for ISO 14001 certification. Torrens Island Power Station and the Gas Storage facility were successful in obtaining ISO 14001 certification.

GREENHOUSE GAS EMISSIONS
During 2002, TXU Australia continued a number of programs to reduce greenhouse gas emissions. The number of conversions of vehicles from petrol or diesel operation to compressed natural gas operation under the TXU Natural Gas for Vehicles program increased from 366 in 2001 to 501 in 2002, with TXU installing five new refueling stations on customer premises.

TXU is also actively involved in assisting customers with energy efficiency programs. Through these initiatives, customers have not only helped to reduce greenhouse gas emissions but in most cases have achieved reductions in costs, resulting in a benefit for all.

WIND POWER
During 2002, TXU Australia committed to long-term wind power contracts that will increase TXU's portfolio of renewable energy in Australia to 490 gigawatt-hours (490,000 megawatt-hours) each year. That's enough energy to power more than 87,000 homes and reduce greenhouse gas emissions by 510,000 tons each year. TXU's moves into renewable energy further underline its commitment to the Australian energy market and environmental sustainability. Building a solid base in greenhouse-friendly energy allows us to explore the growing renewables market and respond to the environmental concerns of the community.