Australian Competition And Consumer Commission Sustainability Profile
The Australian Competition and Consumer Commission (ACCC) is a pivotal regulatory body headquartered in Canberra, Australia. Established in 1995, the ACCC plays a crucial role in promoting competition and fair trading across various industries, ensuring consumer protection and compliance with Australian competition law. With a focus on sectors such as telecommunications, energy, and transport, the ACCC is dedicated to fostering a competitive marketplace that benefits consumers and businesses alike. Notable achievements include its rigorous enforcement of the Competition and Consumer Act, which has led to significant penalties for anti-competitive behaviour. The ACCC's unique services, including market studies and consumer education initiatives, position it as a leader in safeguarding consumer rights and promoting fair business practices throughout Australia.
DitchCarbon Score
How does Australian Competition And Consumer Commission'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 Public Administration 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
Australian Competition And Consumer Commission's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Australian Competition And Consumer Commission's reported carbon emissions
In 2023, the Australian Competition and Consumer Commission (ACCC) reported total carbon emissions of approximately 1,271,519 kg CO2e. This figure includes Scope 1 emissions of about 3,750 kg CO2e, Scope 2 emissions of approximately 408,218 kg CO2e, and significant Scope 3 emissions amounting to about 1,119,944 kg CO2e. The ACCC has set ambitious climate commitments, aiming to reduce operational emissions by purchasing 100% of its operational electricity from renewable sources by 2025. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting a proactive approach to achieving net-zero emissions in the near term. Historically, the ACCC's emissions have seen substantial figures, with 2016 emissions recorded at approximately 952,749,000 kg CO2e for Scope 3 alone, alongside Scope 1 and 2 emissions of about 85,644,000 kg CO2e. This indicates a significant reduction in emissions over the years, showcasing the ACCC's commitment to improving its environmental impact. The ACCC's climate initiatives are not cascaded from any parent organisation, indicating that their emissions data and reduction targets are independently reported. The ACCC continues to align its strategies with industry standards for climate action, demonstrating a commitment to transparency and accountability in its environmental performance.
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| 2023 | |
|---|---|
| Scope 1 | 3,750 |
| Scope 2 | 408,218 |
| Scope 3 | 1,119,944 |
How Carbon Intensive is Australian Competition And Consumer Commission's Industry?
How Carbon Intensive is Australian Competition And Consumer Commission's Location?
Australian Competition And Consumer Commission'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.
Australian Competition And Consumer Commission 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.
