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 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Cbus's reported carbon emissions
In 2023, Cbus reported total carbon emissions of approximately 19,000,000,000 kg CO2e, comprising 2,376,786,000 kg CO2e from Scope 1, 2,376,786,000 kg CO2e from Scope 2, and 13,569,316,000 kg CO2e from Scope 3 emissions. This represents a slight increase in emissions compared to 2022, where total emissions were about 18,000,000,000 kg CO2e, with Scope 1 and 2 emissions at 1,927,233,000 kg CO2e each and Scope 3 emissions at 13,303,729,000 kg CO2e. Cbus has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have reported their financed Scope 1 and 2 emissions intensity, which was approximately 0.03868 tCO2e per million USD invested in 2023, indicating a focus on responsible investment practices. Overall, Cbus's emissions data highlights the significant impact of their operations, particularly in Scope 3 emissions, which account for the majority of their carbon footprint. The absence of defined reduction targets suggests a need for further commitment to climate action within the organisation.
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 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.
