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.
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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 about 5,761,000 kg CO2e from Scope 3 emissions. Over the past few years, the bank has shown a commitment to reducing its carbon footprint. In 2022, total emissions were approximately 386,043,000 kg CO2e, indicating a reduction in emissions in 2023. The bank's Scope 1 emissions decreased from 135,000 kg CO2e in 2022 to 45,000 kg CO2e in 2023, while Scope 2 emissions also saw a decline from 952,000 kg CO2e to 825,000 kg CO2e. However, Scope 3 emissions remained relatively stable, with a slight decrease from 5,979,000 kg CO2e in 2022. Despite these reductions, Great Southern Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank continues to focus on its climate commitments, aiming to enhance its sustainability practices in the financial sector.
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| 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 participating in any of the initiatives that 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.
