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.
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.
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.
Kiwibank's score of 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Kiwibank reported total carbon emissions of approximately 706,140 kg CO2e, comprising 144,940 kg CO2e from Scope 1, 331,710 kg CO2e from Scope 2, and 229,490 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2021, where total emissions were about 904,060 kg CO2e, with Scope 1 emissions at 205,750 kg CO2e, Scope 2 at 324,940 kg CO2e, and Scope 3 at 374,370 kg CO2e. Kiwibank has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the bank's ongoing efforts to monitor and report emissions across all scopes demonstrate a commitment to transparency and accountability in addressing climate change. As Kiwibank continues to refine its sustainability strategies, it remains focused on reducing its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2024 | |
---|---|---|
Scope 1 | 205,750 | 000,000 |
Scope 2 | 324,940 | 000,000 |
Scope 3 | 374,370 | 000,000 |
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 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.