Commonwealth Securities Limited, commonly known as CommSec, is a leading Australian online brokerage firm headquartered in Sydney, Australia. Established in 1995, CommSec has grown to become a prominent player in the financial services industry, offering a comprehensive range of investment solutions to retail and institutional clients across Australia. Specialising in online trading, CommSec provides access to equities, options, and managed funds, distinguished by its user-friendly platform and robust research tools. The firm is renowned for its commitment to customer education and support, empowering investors with the knowledge to make informed decisions. As a subsidiary of the Commonwealth Bank of Australia, CommSec holds a strong market position, consistently recognised for its innovative services and customer satisfaction. With a focus on enhancing the investment experience, CommSec remains a trusted choice for Australian investors seeking to navigate the financial markets.
How does Commonwealth Securities Limited'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 Financial Intermediation 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.
Commonwealth Securities Limited's score of 47 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Commonwealth Securities Limited, headquartered in Australia, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. However, the company is a current subsidiary of Commonwealth Bank of Australia, which influences its climate commitments and initiatives. As part of its corporate family relationship, Commonwealth Securities Limited inherits climate-related data and initiatives from Commonwealth Bank of Australia. This includes participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative, both of which are cascaded from the parent company. While specific reduction targets or achievements for Commonwealth Securities Limited are not available, the overarching commitments from Commonwealth Bank of Australia suggest a focus on sustainability and climate action. The bank has set ambitious targets to reduce its carbon footprint, which may indirectly impact its subsidiaries. In summary, while Commonwealth Securities Limited does not provide specific emissions data or reduction targets, it aligns with the climate initiatives of its parent company, Commonwealth Bank of Australia, reflecting a commitment to addressing climate change within its operational framework.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,063,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 107,762,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 93,622,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Commonwealth Securities Limited's Scope 3 emissions, which increased by 24% last year and decreased by approximately 28% since 2016, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 37% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Commonwealth Securities Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.