AUB Group Limited Sustainability Profile
AUB Group Limited, commonly referred to as AUB, is a leading Australian insurance and risk management company headquartered in Sydney, Australia. Founded in 1985, AUB has established itself as a prominent player in the insurance industry, with a strong presence across major operational regions including New South Wales, Victoria, and Queensland. Specialising in insurance broking and underwriting, AUB Group offers a diverse range of products and services tailored to meet the unique needs of its clients. The company is recognised for its innovative approach and commitment to delivering exceptional customer service, setting it apart in a competitive market. With a robust network of subsidiaries and partnerships, AUB has achieved significant milestones, solidifying its position as a trusted provider in the Australian insurance landscape.
DitchCarbon Score
How does AUB Group Limited'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 Insurance 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
AUB Group Limited's score of 33 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AUB Group Limited's reported carbon emissions
In 2023, AUB Group Limited reported total carbon emissions of approximately 6,423,440 kg CO2e, with emissions distributed across various scopes: 440 kg CO2e for Scope 1, 440 kg CO2e for Scope 2, and a significant 6,423,000 kg CO2e for Scope 3 emissions, primarily from investments amounting to about USD 57.16 billion. This data reflects a comprehensive approach to emissions reporting, including both direct and indirect emissions. Comparatively, in 2022, AUB Group's emissions were lower, with Scope 1 and Scope 2 emissions each at 500 kg CO2e, indicating a potential increase in operational emissions or changes in business activities leading to higher Scope 3 emissions in 2023. Despite the detailed emissions reporting, AUB Group has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). This lack of formal targets suggests that while the company is tracking its emissions, it may not yet be actively pursuing a structured plan for emissions reduction. Overall, AUB Group Limited's emissions data highlights the importance of addressing Scope 3 emissions, which constitute the majority of their carbon footprint, and underscores the need for future commitments to climate action and sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 000 | 000 |
| Scope 2 | - | - | 000 | 000 |
| Scope 3 | - | - | - | 0,000,000 |
How Carbon Intensive is AUB Group Limited's Industry?
How Carbon Intensive is AUB Group Limited's Location?
AUB Group Limited's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
AUB Group Limited'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.
AUB Group Limited 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.
