The Australian Prudential Regulation Authority (APRA) is a key regulatory body headquartered in Sydney, Australia. Established in 1998, APRA oversees the financial services industry, ensuring the stability and safety of banks, credit unions, insurance companies, and superannuation funds across the nation. With a focus on prudential regulation, APRA's core services include risk assessment, compliance monitoring, and the enforcement of financial standards. Its unique approach combines rigorous oversight with a commitment to fostering a resilient financial system. Recognised for its pivotal role in maintaining financial stability, APRA has achieved significant milestones, including the implementation of the Basel III framework in Australia. As a leading authority in the financial sector, APRA continues to uphold its reputation for excellence in regulatory practices, contributing to the overall health of the Australian economy.
How does Australian Prudential Regulation Authority'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 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.
Australian Prudential Regulation Authority's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Australian Prudential Regulation Authority (APRA) reported total carbon emissions of approximately 1,065,104 kg CO2e, comprising 639,058 kg CO2e from Scope 2 emissions and 426,046 kg CO2e from Scope 3 emissions. Within the Scope 3 category, significant contributors included business travel at 264,420 kg CO2e and upstream leased assets at 102,523 kg CO2e. Notably, APRA does not disclose any Scope 1 emissions data. Currently, APRA has not established any specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or similar climate pledges. The absence of formal commitments indicates a potential area for future development in their climate strategy. As a regulatory body headquartered in Australia, APRA's emissions data reflects its operational impact and highlights the importance of addressing climate-related risks within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | - |
Scope 2 | 639,058 |
Scope 3 | 426,046 |
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 Prudential Regulation Authority 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.