Colonial First State Investments Limited

Colonial First State Investments Limited's reported carbon emissions

Colonial First State Investments Limited (CFS), an Australian financial intermediation services provider, reported its most recent emissions data for fiscal year 2024. In FY24, CFS recorded approximately 950,000 kg CO2e for Scope 2 emissions (location-based). For FY23, the company reported Scope 3 emissions from investments totalling approximately 3,980,003,980 kg CO2e, alongside Scope 1 and 2 emissions of approximately 23,066,000 kg CO2e. CFS has set a commitment to achieve net zero by 2030 for its Scope 1 and 2 corporate operational emissions, utilising the market-based method. This near-term target aims to reduce these specific operational emissions by 2030, with a baseline year of 2023. The company's reported Scope 1 and 2 emissions in previous years include approximately 24,628,000 kg CO2e in FY22, 24,968,000 kg CO2e in FY21, and 22,508,000 kg CO2e in FY20. In FY19, CFS reported Scope 3 investments emissions of approximately 6,230,000,000 kg CO2e and Scope 1 and 2 emissions of approximately 31,225,000 kg CO2e. It is important to note that for the provided emissions data, Scope 3 categories such as purchased goods and services were reported as missing. CFS's data is not cascaded from a parent organisation.