Bendigo And Adelaide Bank Sustainability Profile
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 67 is higher than 81% 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 2025, Bendigo and Adelaide Bank reported Scope 1 emissions of approximately 960,000 kg CO2e. The bank has set ambitious targets to reduce its operational emissions, aiming for a 90% reduction in Scope 1 and Scope 2 emissions by 2025 and a 92% reduction by 2030. This commitment aligns with their broader climate strategy, which includes net-zero targets covering 71% of their total investment and lending activities by total assets as of FY2020. In 2024, the bank's emissions included 1,262,000 kg CO2e for Scope 1, 699,000 kg CO2e for Scope 2, and significant Scope 3 emissions, notably 15,537,000 kg CO2e from purchased goods and services. The previous year, 2023, saw Scope 1 emissions at 1,390,000 kg CO2e, with Scope 2 emissions at 5,012,000 kg CO2e and a total of 6,000,000 kg CO2e from Scope 3 emissions. Bendigo and Adelaide Bank is committed to achieving these targets in line with the Science Based Targets initiative (SBTi), which supports their goal of limiting global warming to 1.5°C. The bank's climate commitments reflect a comprehensive approach to sustainability, focusing on significant reductions across all scopes of emissions.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | - |
| Scope 3 | 6,110,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is Bendigo And Adelaide Bank's Industry?
How Carbon Intensive is Bendigo And Adelaide Bank's Location?
Bendigo And Adelaide Bank's Scope 3 Categories Breakdown
Bendigo And Adelaide Bank's Scope 3 emissions, which increased by 11% last year and increased significantly since 2017, 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.
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Bendigo And Adelaide Bank'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.
Bendigo And Adelaide Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bendigo And Adelaide Bank's sustainability data and climate commitments