Great Southern Bank
Great Southern Bank, formerly known as CUA, is a prominent financial institution headquartered in Australia. Established in 1946, it has evolved into a leading player in the banking sector, primarily serving customers across Queensland, New South Wales, and Victoria. The bank focuses on personal banking services, including home loans, savings accounts, and insurance products, distinguished by its commitment to customer satisfaction and community engagement. With a strong emphasis on ethical banking practices, Great Southern Bank has garnered a reputation for its competitive rates and innovative financial solutions. The bank's dedication to social responsibility and sustainability has positioned it favourably in the market, making it a trusted choice for individuals seeking reliable banking services. As it continues to grow, Great Southern Bank remains committed to enhancing the financial well-being of its customers and the communities it serves.
DitchCarbon Score
How does Great Southern Bank'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.
Industry Average
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.
Industry Benchmark
Great Southern Bank's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Great Southern Bank's reported carbon emissions
In 2023, Great Southern Bank reported total carbon emissions of approximately 304,134,000 kg CO2e. This figure includes 45,000 kg CO2e from Scope 1 emissions, 825,000 kg CO2e from Scope 2 emissions, and 5,761,000 kg CO2e from Scope 3 emissions. Over the previous years, the bank's emissions have fluctuated, with 2022 emissions at about 386,043,000 kg CO2e, 2021 at approximately 227,894,000 kg CO2e, and 2020 at around 7,180,000 kg CO2e. Notably, the Scope 3 emissions have consistently represented the largest portion of their total emissions, indicating a significant impact from their investments and operational activities. Despite these figures, Great Southern Bank has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for further commitment to climate action within the financial sector. Overall, while Great Southern Bank has made strides in reporting its emissions, the lack of defined reduction targets highlights an opportunity for enhanced climate commitments in alignment with industry standards.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 141,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 1,225,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 5,814,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Great Southern Bank 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.
