Bendigo And Adelaide Bank

Bendigo And Adelaide Bank's reported carbon emissions

In 2025, Bendigo and Adelaide Bank reported approximately 960,000 kg CO2e in Scope 1 emissions, with no Scope 2 emissions recorded. The bank has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 operational emissions by 90% by 2025 and 92% by 2030. This commitment is part of their broader strategy to achieve net-zero emissions across all scopes by 2050. In 2024, the bank's emissions included 1,262,000 kg CO2e from Scope 1, 699,000 kg CO2e from Scope 2, and significant Scope 3 emissions from investments, amounting to approximately 2.65 billion kg CO2e. In 2023, the total emissions were reported as 2,399,460 kg CO2e from Scope 1, 5,012,000 kg CO2e from Scope 2, and 2.4 billion kg CO2e from Scope 3. Bendigo and Adelaide Bank's climate strategy is aligned with the Science Based Targets initiative (SBTi), covering 71% of its total investment and lending activities by total assets as of FY2020. The bank is committed to reducing its emissions in line with the targets required to limit global warming to 1.5°C. Overall, Bendigo and Adelaide Bank is actively working towards significant emissions reductions and has established a clear framework for achieving its climate goals, demonstrating leadership in the financial sector's response to climate change.