Bendigo And Adelaide Bank
Bendigo and Adelaide Bank Limited, commonly referred to as Bendigo Bank, is a prominent financial institution headquartered in Bendigo, Australia. Established in 1858, the bank has evolved into one of the largest regional banks in the country, serving diverse communities across Australia. Operating primarily in the banking and financial services industry, Bendigo Bank offers a wide range of products, including personal and business banking, wealth management, and insurance services. What sets them apart is their commitment to community engagement and sustainable banking practices, fostering local development through their unique community banking model. With a strong market position, Bendigo Bank has received numerous accolades for its customer service and innovation, solidifying its reputation as a trusted financial partner. The bank continues to focus on delivering tailored solutions that meet the needs of its customers while contributing positively to society.
DitchCarbon Score
How does Bendigo And Adelaide Bank'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.
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.
Industry Benchmark
Bendigo And Adelaide Bank's score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bendigo And Adelaide Bank's reported carbon emissions
In 2024, Bendigo and Adelaide Bank reported total carbon emissions of approximately 1,262,000 kg CO2e for Scope 1 and 699,000 kg CO2e for Scope 2 (market-based), resulting in a combined total of about 1,961,000 kg CO2e for both scopes. In 2023, the bank's emissions were higher, with Scope 1 emissions at approximately 1,390,000 kg CO2e and Scope 2 emissions (market-based) at about 5,012,000 kg CO2e, leading to a total of around 6,402,000 kg CO2e. Over the past few years, the bank has made significant strides in reducing its carbon footprint. For instance, in 2022, total emissions were reported at approximately 1,363,000 kg CO2e for Scope 1 and about 5,128,000 kg CO2e for Scope 2 (market-based), indicating a downward trend in emissions. The bank's long-term climate commitment includes a net-zero target by 2050, covering all scopes of emissions. Bendigo and Adelaide Bank's portfolio targets encompass 71% of its total investment and lending activities, with a commitment to align with the Science Based Targets initiative (SBTi) to ensure that their operations contribute to limiting global warming to 1.5°C. The bank is on track to meet its near-term targets set for 2030 and has committed to further reductions by FY2025. Overall, Bendigo and Adelaide Bank demonstrates a proactive approach to managing its carbon emissions and addressing climate change through measurable targets and ongoing reductions in its operational impact.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,483,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,036,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Bendigo And Adelaide Bank is participating in some 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.
