Macquarie

Macquarie, an Australian financial intermediation services company, reported total emissions for 2025 (fiscal year) of about 228.3 million kg CO2e. This includes Scope 1 emissions of approximately 482,000 kg CO2e and Scope 3 emissions of about 227.9 million kg CO2e. There were no Scope 2 emissions reported for 2025.

Looking back, in 2024, Macquarie's total emissions were approximately 223.4 million kg CO2e, comprising about 392,000 kg CO2e from Scope 1 and around 223 million kg CO2e from Scope 3. In 2023, total emissions were about 216.8 million kg CO2e, with Scope 1 emissions of approximately 411,000 kg CO2e and Scope 3 emissions of roughly 216.4 million kg CO2e.

Macquarie is committed to achieving net zero operational emissions for Scope 1 and Scope 2 by 2025. This commitment is supported by targets to reduce energy use and source 100% of its global electricity consumption from renewable sources. Furthermore, Macquarie Asset Management (MAM) aims to invest and manage its portfolio in line with global net zero Scope 1 and Scope 2 greenhouse gas emissions by 2040, where it has control or significant influence.

Specific reduction targets inherited from Macquarie Asset Management (MAM) include:

• Land Services SA aims to reduce its Scope 1 emissions by 46% from a 2019 baseline of 101 tonnes CO2e by 2030, and its Scope 2 emissions by 46% from the same baseline by 2030.
• Perth Airport targets a 56% reduction in Scope 2 emissions from a 2018 baseline of 24,080 tonnes CO2e by 2030. It also has a net zero target for Scope 1 emissions by 2030 from a 2018 baseline of 24,080 tonnes CO2e.
• Port of Newcastle plans to reduce its Scope 1 emissions by 30% from a 2018 baseline of 3,878 tonnes CO2e by 2030.
• North Queensland Airports aims for net zero Scope 1 emissions by 2026 from an 11,507 tonnes CO2e baseline in 2019.
• Land Services WA is targeting net zero Scope 1 emissions by 2030 from a 2020 baseline of 30 tonnes CO2e.
• Other entities such as Endeavour Energy, BINGO Industries, and AirTrunk also have net zero Scope 1 emissions targets by 2040 and 2030 respectively, with significant baseline emissions.