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The Australian Prudential Regulation Authority (APRA), headquartered in Australia, plays a pivotal role in the public administration and defence services sector, specifically within compulsory social security services. Established in 1998, APRA is responsible for overseeing financial institutions to ensure their stability and compliance with regulatory standards, thereby safeguarding the interests of depositors, policyholders, and superannuation fund members.
With a focus on prudential regulation, APRA's core services include the supervision of banks, credit unions, insurance companies, and superannuation funds. Its unique approach combines rigorous risk assessment with a commitment to transparency, fostering a resilient financial system. Notably, APRA has achieved significant milestones in enhancing regulatory frameworks, positioning itself as a leader in financial oversight within Australia.
-4 vs industry average
Australian Prudential Regulation Authority’s score of 25 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Public Administration is among the least carbon-intensive industries
The Public Administration industry has reduced its overall emissions by 30% since 2018
Scope 3 accounts for ••• of total emissions.
The Australian Prudential Regulation Authority (APRA), operating within the "Public administration and defence services; compulsory social security services" industry in AU, reported its latest emissions data for the 2023 reporting year. In 2023, APRA's Scope 2 emissions, which account for indirect emissions from purchased electricity, steam, heating, and cooling, totalled approximately 639,058 kg CO2e. The organisation's Scope 3 emissions, covering indirect emissions from its value chain, were approximately 426,046 kg CO2e. This Scope 3 total included about 264,420 kg CO2e from business travel, 128 kg CO2e from employee commuting, and 102,523 kg CO2e from upstream leased assets. Further details on Scope 3 emissions from categories such as purchased goods and services, and Scope 1 direct emissions, were not disclosed for this period. APRA has not reported any specific emissions reduction targets, including SBTi-validated targets, nor has it made a commitment to the Climate Pledge.
No climate goals have been disclosed for Australian Prudential Regulation Authority yet.
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