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Mcmillan Shakespeare Limited (ASX: MMS), often referred to as MMS Group, is an Australian-headquartered financial services company established in 1989. From its origins in Melbourne, Australia, MMS Group has expanded significantly, now operating across Australia, New Zealand, and the UK.
As a prominent player in the "Other Services" sector (ANZSIC 93), McMillan Shakespeare specialises in providing a comprehensive suite of salary packaging, novated leasing, and fleet management solutions. They are a market leader in delivering innovative employee benefits and vehicle management services to both corporate and government clients.
Their unique approach combines deep industry expertise with cutting-edge technology, ensuring efficient and compliant solutions that drive value for businesses and their employees. With a strong focus on client satisfaction and continuous innovation, MMS Group maintains a robust position within the outsourced administration services market.
46
DitchCarbon score
+22 vs industry average
Mcmillan Shakespeare’s score of 46 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Other Services has below-average carbon intensity
Industry performance
0.200
20182025
The Other Services industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Mcmillan Shakespeare's reported carbon emissions
In 2023, McMillan Shakespeare reported total carbon emissions of approximately 3,429,000 kg CO2e, comprising 164,000 kg CO2e from Scope 1, 16,000 kg CO2e from Scope 2, and 3,250,000 kg CO2e from Scope 3 emissions. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments.
For 2024, emissions from Scope 2 were reported at approximately 648,000 kg CO2e, while in 2025, this figure decreased to about 591,000 kg CO2e. However, McMillan Shakespeare has not disclosed any Scope 1 or Scope 3 emissions data for these years, indicating potential gaps in their reporting.
The emissions data is sourced directly from McMillan Shakespeare Limited, with no cascading from a parent or related organization. The company continues to operate without formal climate pledges or structured reduction initiatives, reflecting a need for enhanced climate commitments in line with industry standards.
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Mcmillan Shakespeare’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Mcmillan Shakespeare1 year ago
46
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