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 14 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cbus's reported carbon emissions
In 2023, Cbus reported significant carbon emissions, with total Scope 3 emissions amounting to approximately 13,569,316,000 kg CO2e. This figure reflects the organisation's commitment to transparency in its climate impact, although no data was disclosed for Scope 1 and Scope 2 emissions for the same year. Comparatively, in 2022, Cbus's Scope 3 emissions were slightly lower at about 13,303,729,000 kg CO2e. The data indicates a consistent focus on managing and reporting emissions, particularly in Scope 3, which encompasses indirect emissions from the value chain. Cbus has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from a parent organisation. The absence of documented reduction targets suggests that while Cbus is actively monitoring its emissions, it may still be in the early stages of formalising its climate strategy. Overall, Cbus's emissions data highlights the importance of addressing Scope 3 emissions, which are often the largest component of an organisation's carbon footprint, particularly in the financial services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,031,724,000 | 0,000,000,000 | 0,000,000,000 | - | - |
| Scope 2 | 2,031,724,000 | 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 participating in any 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.
