M2 Group Limited Sustainability Profile
M2 Group Limited, commonly referred to as M2, is a prominent telecommunications and technology company headquartered in Australia. Established in 2004, M2 has grown to become a key player in the industry, primarily serving the Australian and New Zealand markets. The company focuses on providing a diverse range of services, including broadband, mobile, and cloud solutions, catering to both residential and business customers. M2 Group is recognised for its innovative approach to telecommunications, offering unique products that enhance connectivity and streamline communication. With a strong market position, M2 has achieved significant milestones, including strategic acquisitions that have expanded its service offerings and customer base. As a trusted provider in the telecommunications sector, M2 Group Limited continues to lead with cutting-edge solutions and a commitment to customer satisfaction.
DitchCarbon Score
How does M2 Group Limited'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 Telecommunications Services 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
M2 Group Limited's score of 46 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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M2 Group Limited, headquartered in Australia, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Vocus Group Limited, which may influence its climate commitments and emissions reporting. As of now, M2 Group Limited has not established any documented reduction targets or initiatives related to carbon emissions. There are no specific science-based targets (SBTi) or climate pledges reported, indicating a potential area for development in their sustainability strategy. Given the absence of direct emissions data and reduction commitments, M2 Group Limited's climate strategy may be aligned with broader industry practices, but specific details remain unclear. The company may benefit from adopting measurable targets and transparent reporting to enhance its environmental impact and accountability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,040,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 44,133,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,375,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is M2 Group Limited's Industry?
How Carbon Intensive is M2 Group Limited's Location?
M2 Group Limited's Scope 3 Categories Breakdown
M2 Group Limited's Scope 3 emissions, which decreased by 2% last year and decreased by approximately 56% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
M2 Group Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
M2 Group Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
