Bank Of Queensland
Bank of Queensland Limited (BOQ) is a prominent financial institution headquartered in Brisbane, Australia. Established in 1874, BOQ has evolved into a key player in the Australian banking sector, primarily serving the retail and commercial banking markets across Queensland and other major regions. With a diverse range of core products and services, including personal loans, home loans, and business banking solutions, BOQ distinguishes itself through its customer-centric approach and innovative offerings. The bank's unique franchise model empowers local branches, fostering strong community ties and personalised service. Recognised for its commitment to customer satisfaction, BOQ has achieved notable milestones, including consistent growth in its market position and a strong reputation for reliability. As a trusted name in the banking industry, Bank of Queensland continues to adapt and thrive in an ever-evolving financial landscape.
DitchCarbon Score
How does Bank Of Queensland's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bank Of Queensland's score of 48 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Of Queensland's reported carbon emissions
In 2023, Bank of Queensland (BOQ) reported total carbon emissions of approximately 30,201,000 kg CO2e. This figure includes Scope 1 emissions of about 359,000 kg CO2e, Scope 2 emissions of approximately 803,000 kg CO2e, and significant Scope 3 emissions totalling around 28,999,000 kg CO2e. The Scope 3 emissions encompass various categories, including capital goods, business travel, employee commute, purchased goods and services, waste generated in operations, and fuel and energy-related activities. Comparatively, BOQ's total emissions have decreased from approximately 38,045,000 kg CO2e in 2022 and 46,908,000 kg CO2e in 2021, indicating a positive trend towards reducing their carbon footprint. However, the bank has not set specific reduction targets or climate pledges, which may limit its ability to align with industry standards for climate action. Overall, while BOQ has made strides in reducing its emissions over the past few years, the absence of formal reduction initiatives or commitments suggests there is room for improvement in their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 252,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 5,007,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 36,944,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bank Of Queensland is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
