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 49 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bendigo And Adelaide Bank's reported carbon emissions
In 2023, Bendigo and Adelaide Bank reported total carbon emissions of approximately 29,032,000 kg CO2e, with Scope 1 emissions at about 1,390,000 kg CO2e and Scope 2 emissions (market-based) at around 5,012,000 kg CO2e. The bank's Scope 1 and 2 emissions combined totalled approximately 6,402,000 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, with significant targets set under the Science Based Targets initiative (SBTi). These targets aim for net-zero emissions across all scopes by 2050, covering 71% of its total investment and lending activities as of FY2020. Bendigo and Adelaide Bank has also established near-term targets aligned with a 1.5°C pathway, with a deadline for submission set for November 2023. The bank's emissions have shown a general trend of reduction over the years, with total emissions decreasing from approximately 42,094,320 kg CO2e in 2020 to 27,430,200 kg CO2e in 2022. This reflects the bank's ongoing efforts to enhance sustainability and address climate change impacts effectively.
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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 | 22,012,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
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 committed to some reduction initiatives 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.
