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Public Profile
Financial Intermediation
AU
updated a month ago

Auswide Bank Ltd Sustainability Profile

Company website

Auswide Bank Ltd, headquartered in Australia, is a prominent player in the financial services industry, offering a diverse range of banking solutions. Founded in 1966, the bank has established itself as a trusted institution, particularly in Queensland and New South Wales, where it serves a growing customer base. Specialising in personal and business banking, Auswide Bank provides unique products such as home loans, savings accounts, and investment options tailored to meet the needs of its clients. The bank's commitment to customer service and community engagement sets it apart in a competitive market. With a strong focus on innovation and sustainability, Auswide Bank has achieved notable milestones, including recognition for its customer satisfaction and community contributions. As a member of the Australian banking landscape, it continues to enhance its market position through strategic growth and customer-centric initiatives.

DitchCarbon Score

How does Auswide Bank Ltd'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.

32

Industry Average

Mean score of companies in the 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.

29

Industry Benchmark

Auswide Bank Ltd's score of 32 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Auswide Bank Ltd's reported carbon emissions

Inherited from MyState Limited

Auswide Bank Ltd, headquartered in Australia, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of MyState Limited, which may influence its climate-related initiatives and commitments. While Auswide Bank Ltd has not set specific reduction targets or made notable climate pledges, it is important to note that it inherits its climate performance data from MyState Limited. This relationship may provide a framework for future emissions reporting and sustainability efforts. As the financial sector increasingly prioritises climate action, Auswide Bank Ltd's commitment to environmental responsibility will be crucial in aligning with industry standards and expectations. The bank's future initiatives may include adopting science-based targets and participating in global climate initiatives to enhance its sustainability profile.

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Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
54,000
00,000
00,000
Scope 2
271,000
000,000
000,000
Scope 3
4,365,000
0,000,000
0,000,000

How Carbon Intensive is Auswide Bank Ltd's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Auswide Bank Ltd's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Auswide Bank Ltd's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Auswide Bank Ltd is in AU, which has a very high grid carbon intensity relative to other regions.

Auswide Bank Ltd's Scope 3 Categories Breakdown

Auswide Bank Ltd's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 1% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2023
Investments
1182%

Auswide Bank Ltd'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.

Auswide Bank Ltd 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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