Australian Finance Group Limited (AFG) is a leading financial services provider headquartered in Australia, with a strong presence across major operational regions including New South Wales, Victoria, and Queensland. Founded in 1994, AFG has established itself as a key player in the mortgage broking and financial services industry, offering a diverse range of products and services tailored to meet the needs of both consumers and businesses. AFG's core offerings include mortgage broking, commercial finance, and asset finance, distinguished by their commitment to customer service and innovative solutions. The company has achieved significant milestones, including being one of the largest mortgage aggregators in Australia, which underscores its market position and reputation for excellence. With a focus on empowering brokers and enhancing client experiences, AFG continues to shape the financial landscape in Australia.
How does Australian Finance 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.
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Australian Finance Group Limited's score of 34 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Australian Finance Group Limited (AFG) reported total carbon emissions of approximately 1,484,050 kg CO2e. This figure includes 790 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 133,220 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of AFG's emissions, about 1,350,040 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. For 2022, AFG's total emissions were approximately 982,700 kg CO2e, with similar distributions across the scopes: 790 kg CO2e for Scope 1, 133,220 kg CO2e for Scope 2, and 1,350,040 kg CO2e for Scope 3. Looking ahead to 2024, AFG anticipates a slight increase in emissions, projecting total emissions of approximately 1,148,750 kg CO2e, with Scope 1 emissions rising to 1,260 kg CO2e and Scope 2 emissions decreasing to 115,360 kg CO2e. The Scope 3 emissions are expected to remain significant, reflecting ongoing challenges in managing indirect emissions. Despite these figures, AFG has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This context highlights the need for AFG to enhance its climate commitments and strategies to effectively address its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 790 | 000 | 0,000 |
Scope 2 | 133,220 | 000,000 | 000,000 |
Scope 3 | 1,350,040 | 0,000,000 | 0,000,000 |
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.
Australian Finance Group Limited 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.