Commbank

Commbank, a financial intermediation services company headquartered in Australia, reported its latest carbon emissions for the 2025 financial year. The company's total emissions for 2025 were 67,780,000 kg CO2e. This figure includes Scope 1 emissions of 5,592,000 kg CO2e, Scope 2 market-based emissions of 125,000 kg CO2e (or 58,168,000 kg CO2e on a location-based approach), and Scope 3 emissions totalling 62,063,000 kg CO2e. Key categories within Scope 3 include business travel (20,435,000 kg CO2e), employee commute (24,623,000 kg CO2e), and upstream leased assets (10,212,000 kg CO2e).

Looking back, Commbank's total emissions for 2024 were not fully disclosed in the provided data, but Scope 1 emissions were 7,258,000 kg CO2e, Scope 2 market-based emissions were 33,000 kg CO2e (or 63,844,000 kg CO2e location-based), and Scope 3 emissions were 76,559,000 kg CO2e. In 2023, Scope 1 emissions were 7,891,000 kg CO2e, Scope 2 market-based emissions were 12,000 kg CO2e (or 74,654,000 kg CO2e location-based), and Scope 3 emissions were 70,284,000 kg CO2e.

Commbank has set near-term intensity reduction targets. For its offices, the company aims for a 51% reduction in Scope 1 emissions, targeting 31.1 kgCO2e/m² by 2030, compared to a 2023 baseline of 63.8 kgCO2e/m². For its retail operations, a 47% reduction in Scope 2 emissions is targeted, aiming for 40.6 kgCO2e/m² by 2030, against a 2023 baseline of 76.0 kgCO2e/m².