Abacus
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 59% 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 emissions. This marks a reduction from 2023, where total emissions were about 7,844,000 kg CO2e, with Scope 1 at 1,449,000 kg CO2e and Scope 2 at 6,395,000 kg CO2e. In 2022, the total emissions were approximately 10,088,000 kg CO2e, with Scope 1 at 1,840,000 kg CO2e and Scope 2 at 8,247,000 kg CO2e. Abacus has set ambitious climate commitments, aiming for net-zero emissions by 2050 for both Scope 1 and Scope 2 emissions. The company has achieved a 34% reduction in GHG emissions intensity compared to the FY19 baseline, reflecting its ongoing efforts to enhance sustainability. Notably, upgrades implemented in 2019 resulted in a reduction of over 100 tonnes of CO2e and a 20% decrease in electricity consumption. The emissions data is not cascaded from any parent organization, indicating that Abacus Group independently reports its carbon footprint and climate initiatives.
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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 | - | - | - | - | - | - | - | - | - |
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.
Abacus is not participating in any of the initiatives that 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.
