Great Southern Bank

Great Southern Bank's reported carbon emissions

In 2024, Great Southern Bank reported total carbon emissions of approximately 6,607,000 kg CO2e. This figure includes Scope 1 emissions of about 4,000 kg CO2e, Scope 2 emissions of approximately 576,000 kg CO2e (market-based), and significant Scope 3 emissions of around 6,027,000 kg CO2e. The previous year, 2023, the bank's total emissions were slightly higher at approximately 6,631,000 kg CO2e, with Scope 1 at about 45,000 kg CO2e, Scope 2 at approximately 825,000 kg CO2e, and Scope 3 at around 5,761,000 kg CO2e. Great Southern Bank has committed to long-term net-zero targets, covering 84% of its total investment and lending by total assets as of FY2022. The bank's targets are aligned with the Science Based Targets initiative (SBTi), aiming for significant reductions across all scopes by 2050. The near-term targets are set for FY2030, consistent with the 1.5°C climate goal. The bank's emissions data is cascaded from its own reporting, ensuring transparency and accountability in its climate commitments. Great Southern Bank's ongoing efforts reflect a proactive approach to managing its carbon footprint and contributing to global climate goals.