Colonial First State, a prominent Australian financial services provider, is headquartered in Sydney, Australia. Established in 1988, the company has evolved into a key player in the superannuation and investment sectors, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. With a strong focus on superannuation, investment management, and financial advice, Colonial First State distinguishes itself through its commitment to innovation and customer service. The firm has achieved significant milestones, including the management of billions in assets, positioning itself as a trusted partner for Australians seeking to secure their financial futures. Recognised for its robust market presence, Colonial First State continues to lead in the industry, providing unique solutions that empower clients to achieve their financial goals.
How does Colonial First State'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 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.
Colonial First State's score of 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Colonial First State reported significant carbon emissions, with Scope 2 emissions amounting to approximately 950,000 kg CO2e based on location-based calculations and about 20,000 kg CO2e using a market-based approach. The company has not disclosed any Scope 1 emissions or specific reduction targets, indicating a lack of formal commitments to reduce their carbon footprint at this time. While there are no stated reduction initiatives or climate pledges, the firm is actively monitoring its emissions, particularly in the context of financed emissions intensity, which stands at 37.0 kg CO2e per USD of revenue. This metric highlights the importance of understanding the broader impact of their financial activities on climate change. Overall, Colonial First State's current emissions data reflects a need for enhanced climate commitments and reduction strategies to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2024 | |
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Scope 1 | - |
Scope 2 | 20,000 |
Scope 3 | - |
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.
Colonial First State 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.