Macquarie

Macquarie's reported carbon emissions

Macquarie, headquartered in Australia and operating in financial intermediation services, is committed to climate action, with a focus on achieving net-zero emissions. For Fiscal Year 2025, Macquarie reported total emissions of approximately 228.4 million kg CO2e, primarily driven by Scope 3 emissions. Scope 1 emissions for FY2025 stood at about 482,000 kg CO2e, while Scope 2 emissions were not reported for this period. In FY2024, total emissions were approximately 223.4 million kg CO2e, with Scope 1 at about 392,000 kg CO2e and Scope 3 at 223 million kg CO2e. The company has set ambitious targets, including achieving net-zero operational emissions across Scope 1 and Scope 2 by FY2025. Furthermore, Macquarie aims to invest and manage its portfolio in line with global net-zero greenhouse gas emissions by 2040 where it has control or significant influence. This commitment extends to aligning its financing activities with the global goal of net-zero emissions by 2050. Macquarie's sustainability reports highlight various initiatives to reduce emissions, such as energy efficiency upgrades, onsite and offsite renewable energy procurement, and fleet electrification. Specific targets exist for certain entities within the group, for example, Port of Newcastle aims for a 30% reduction in Scope 1 emissions by 2030 from a 2018 baseline. Macquarie Group Limited directly reports its emissions data, and this data is not cascaded from a parent organisation. The company actively participates in initiatives like the CDP and RE100.