Austrade, officially known as Austrade Inc., is a prominent player in the international trade and investment sector, headquartered in the United States. Established in 1985, the company has made significant strides in facilitating global business connections, particularly between Australia and the US, as well as other major operational regions worldwide. Specialising in trade promotion, investment attraction, and market entry strategies, Austrade offers a unique blend of services that cater to both Australian exporters and foreign investors. Their expertise in navigating complex regulatory environments and market dynamics sets them apart in the industry. With a strong market position, Austrade has been instrumental in fostering economic growth and enhancing bilateral trade relations, making it a trusted partner for businesses seeking to expand their global footprint.
How does Austrade'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.
Mean score of companies in the Sugar Processing 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.
Austrade's score of 23 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Austrade reported total carbon emissions of approximately 808,923 kg CO2e. This figure includes 357,520 kg CO2e from Scope 2 emissions, while Scope 1 emissions were recorded at 0 kg CO2e. Notably, Scope 3 emissions accounted for about 893,566 kg CO2e, indicating significant indirect emissions primarily from business travel and other operational activities. For the following year, 2024, Austrade's emissions data showed a total of approximately 724,958 kg CO2e in Scope 3 emissions, with Scope 2 emissions increasing to about 403,218 kg CO2e, while Scope 1 emissions remained at 0 kg CO2e. The breakdown of Scope 3 emissions highlighted business travel as a major contributor, amounting to approximately 321,665 kg CO2e. Despite these figures, Austrade has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. Overall, Austrade's emissions profile reflects a significant reliance on indirect emissions, particularly in business travel, which presents an opportunity for future sustainability efforts.
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Add to project2023 | 2024 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 357,520 | 000,000 |
Scope 3 | 893,566 | 000,000 |
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.
Austrade 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.