Cbus, officially known as Cbus Superannuation Fund, is a leading industry superannuation fund based in Melbourne, Australia. Established in 1984, Cbus primarily serves the construction, building, and allied industries, providing tailored superannuation solutions for its members. With a strong presence across major Australian cities, Cbus has grown to become one of the largest super funds in the country, managing billions in assets. Cbus offers a range of core products and services, including investment options, insurance cover, and financial advice, all designed to meet the unique needs of its members. The fund is distinguished by its commitment to sustainable investment practices and member-focused initiatives. Recognised for its strong performance and member satisfaction, Cbus continues to solidify its position as a trusted choice for those in the construction sector and beyond.
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.
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.
Cbus's score of 19 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cbus reported total carbon emissions of approximately 15.6 million tonnes CO2e, comprising about 2.4 million tonnes from Scope 1, 2.4 million tonnes from Scope 2, and around 13.6 million tonnes from Scope 3 emissions. This represents a slight increase in emissions compared to previous years, with 2022 figures showing approximately 13.3 million tonnes in Scope 3 emissions and 1.9 million tonnes each for Scope 1 and Scope 2. Cbus has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. The organisation's emissions intensity for financed Scope 1 and 2 emissions was approximately 0.03868 tonnes CO2e per million dollars invested in 2023, indicating a focus on responsible investment practices. Overall, while Cbus has made strides in tracking and reporting its emissions, further clarity on specific reduction targets and initiatives would enhance its climate commitment narrative.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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.