Public Profile

Kiwibank

Kiwibank Limited, commonly known as Kiwibank, is a prominent financial institution headquartered in Wellington, New Zealand. Established in 2002, Kiwibank has rapidly evolved within the banking industry, focusing on providing a range of services including personal banking, business banking, and home loans. With a commitment to supporting New Zealanders, Kiwibank offers unique products such as its competitive home loan options and innovative digital banking solutions. The bank has garnered a strong market position, recognised for its customer-centric approach and dedication to local communities. Over the years, Kiwibank has achieved significant milestones, including numerous awards for customer service excellence, solidifying its reputation as a trusted banking partner across New Zealand.

DitchCarbon Score

How does Kiwibank'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.

29

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.

27

Industry Benchmark

Kiwibank's score of 29 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Let us know if this data was useful to you

Kiwibank's reported carbon emissions

In 2024, Kiwibank reported total carbon emissions of approximately 706,140 kg CO2e. This figure includes Scope 1 emissions of about 144,940 kg CO2e, Scope 2 emissions of approximately 331,710 kg CO2e, and Scope 3 emissions totalling around 229,490 kg CO2e. While Kiwibank has not disclosed specific reduction targets or initiatives, their commitment to sustainability is evident in their emissions reporting. The bank's focus on transparency in emissions data aligns with industry standards for climate accountability. As Kiwibank continues to assess its environmental impact, it remains crucial for the organisation to establish clear reduction goals to enhance its climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2024
Scope 1
144,940
Scope 2
331,710
Scope 3
229,490

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kiwibank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kiwibank is in NZ, which has a very low grid carbon intensity relative to other regions.

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.

Kiwibank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Rabobank New Zealand Limited

NZ
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago
DitchCarbon Score

Bank Of Queensland

AU
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Macquarie

AU
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Bendigo And Adelaide Bank

AU
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Suncorp

AU
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers