Bank Of New Zealand

The Bank of New Zealand (BNZ), headquartered in NZ and operating in financial intermediation services, reports its climate performance. For the year 2022, BNZ's total carbon emissions were approximately 5,645,100 kg CO2e. This figure comprises Scope 1 emissions of about 1,487,200 kg CO2e, Scope 2 emissions of approximately 1,209,500 kg CO2e, and Scope 3 emissions of about 2,949,900 kg CO2e.

In 2021, BNZ's total emissions were approximately 6,942,100 kg CO2e, with Scope 1 at 2,518,800 kg CO2e, Scope 2 at 1,397,000 kg CO2e, and Scope 3 at 3,026,300 kg CO2e. Prior to that, in 2020, the bank's total emissions stood at approximately 10,044,700 kg CO2e, including Scope 1 emissions of 3,034,300 kg CO2e, Scope 2 emissions of 1,452,300 kg CO2e, and Scope 3 emissions of 5,458,100 kg CO2e.

BNZ has not publicly disclosed specific reduction targets or commitments through initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge, nor has it detailed specific reduction initiatives. The bank's emissions data for all reported years indicates that Scope 3 emissions constitute a significant portion of its overall carbon footprint. Data for Scope 3 emissions, specifically for purchased goods and services, was noted as missing for the reported years. BNZ's sustainability information is available in their annual reports.