Cbus
Cbus, officially known as Cbus Superannuation Fund, is a leading industry superannuation fund headquartered in Melbourne, Australia. Established in 1984, Cbus primarily serves the construction, building, and allied industries, providing tailored superannuation solutions to its members across Australia. With a strong focus on sustainable investment, Cbus offers a range of core products and services, including retirement savings, insurance options, and financial advice, all designed to meet the unique needs of its members. The fund is recognised for its commitment to responsible investment practices and has achieved significant milestones, including substantial growth in funds under management. Cbus holds a prominent position in the Australian superannuation market, consistently ranking among the top industry funds, and is dedicated to maximising retirement outcomes for its members through innovative financial strategies and member engagement initiatives.
DitchCarbon Score
How does Cbus'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 Construction Work 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
Cbus's score of 19 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cbus's reported carbon emissions
In 2023, Cbus reported total carbon emissions of approximately 23,767,860 kg CO2e from Scope 1 and Scope 2 sources, alongside about 13,569,316,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in their carbon footprint across all scopes of emissions. Over the years, Cbus has shown fluctuations in emissions, with 2022 emissions recorded at about 19,272,330 kg CO2e for Scope 1 and Scope 2, and approximately 13,303,729,000 kg CO2e for Scope 3. In 2021, the figures were about 17,700,360 kg CO2e for Scope 1 and Scope 2, and around 12,969,871,000 kg CO2e for Scope 3. The trend indicates a need for ongoing efforts to manage and reduce emissions effectively. Despite the absence of specific reduction targets or initiatives outlined in their recent disclosures, Cbus remains committed to addressing climate change through responsible investment practices. The organisation's emissions intensity, measured as financed Scope 1 and 2 emissions per million dollars invested, has shown a gradual improvement, indicating a focus on sustainability in their investment strategies. Cbus's climate commitments align with industry standards, reflecting a growing recognition of the importance of reducing carbon emissions in the financial sector. As they continue to report on their emissions, stakeholders can expect ongoing efforts to enhance their environmental performance.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,035,649,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,035,649,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 11,159,429,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Cbus is not committed to any 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.
