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 21 is higher than 90% 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. The bank's emissions have fluctuated over the years, with a notable increase from 2022, when total emissions were about 386,043,000 kg CO2e. Great Southern Bank has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set to align with the Science Based Targets initiative (SBTi). Their portfolio targets cover approximately 84% of total investment and lending by total assets as of FY2022. The bank's near-term targets are consistent with limiting global warming to 1.5°C, with specific actions required to address 9% of their total investment and lending activities, while optional activities account for 83%. These commitments reflect Great Southern Bank's proactive approach to climate action within the financial sector, aiming to significantly reduce their carbon footprint and contribute to global sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 committed to some 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.
