Abacus Sustainability Profile
Abacus Group, headquartered in Australia, is a leading provider in the financial services industry, specialising in innovative accounting and business solutions. Founded in 2000, the company has established a strong presence across major operational regions, including New South Wales and Victoria. Abacus Group offers a range of core services, including cloud accounting, tax compliance, and business advisory, distinguished by their commitment to personalised service and cutting-edge technology. With a focus on helping businesses optimise their financial performance, Abacus has garnered a reputation for excellence, earning accolades within the industry. As a trusted partner for small to medium enterprises, Abacus Group continues to solidify its market position through strategic growth and a dedication to client success, making it a prominent player in the Australian financial landscape.
DitchCarbon Score
How does Abacus'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 Real Estate Services 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
Abacus's score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Abacus's reported carbon emissions
In 2024, Abacus Group reported total carbon emissions of approximately 6,892,000 kg CO2e, comprising 1,233,000 kg CO2e from Scope 1 and 5,659,000 kg CO2e from Scope 2. This marks a reduction from 2023, where emissions totalled about 7,844,000 kg CO2e, with Scope 1 at 1,449,000 kg CO2e and Scope 2 at 6,395,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving a 34% reduction in Scope 1 and 2 emissions intensity compared to a FY19 baseline, as reported in their 2023 Sustainability Report. Abacus has set ambitious long-term climate commitments, aiming for net-zero emissions by 2050 for both Scope 1 and Scope 2 emissions. This commitment reflects their proactive approach to sustainability and aligns with industry standards for climate action. The company has also implemented energy-saving upgrades that resulted in a reduction of over 100 tonnes of CO2e in the first year of operation, contributing to a 20% decrease in electricity consumption from FY18 to FY19. Overall, Abacus Group's emissions data and climate commitments underscore their dedication to reducing their environmental impact while striving for a sustainable future.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,656,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 25,978,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Abacus's Industry?
How Carbon Intensive is Abacus's Location?
Abacus's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Abacus has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
