Medibank

Medibank, headquartered in AU and operating in the Health and social work services industry, reported a total of approximately 15,395,400 kg CO2e for the year 2022. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions. Scope 1 emissions for 2022 were approximately 203,300 kg CO2e, while Scope 2 emissions totalled about 1,983,100 kg CO2e. Scope 3 emissions were the most significant contributor, amounting to approximately 13,209,000 kg CO2e, with employee commutes accounting for 2,844,600 kg CO2e and purchased goods and services for 2,792,200 kg CO2e.

In 2021, Medibank's total emissions were approximately 15,655,300 kg CO2e. Scope 1 emissions were around 130,500 kg CO2e, and Scope 2 emissions stood at approximately 2,139,600 kg CO2e. Scope 3 emissions for that year were approximately 13,385,200 kg CO2e, with employee commutes at 4,331,600 kg CO2e and purchased goods and services at 1,128,300 kg CO2e.

For 2020, total emissions were approximately 12,652,300 kg CO2e, with Scope 1 at about 40 kg CO2e, Scope 2 at approximately 3,553,900 kg CO2e, and Scope 3 at approximately 9,098,200 kg CO2e.

In 2019, total emissions were approximately 13,420,600 kg CO2e. Scope 1 and 2 (market-based) emissions were about 3,409,700 kg CO2e, and Scope 3 emissions were approximately 9,976,700 kg CO2e. Significant Scope 3 categories included employee commutes at 2,155,500 kg CO2e and business travel at 1,920,200 kg CO2e.

In 2018, total emissions were approximately 17,825,800 kg CO2e. Scope 1 emissions were about 3,500 kg CO2e, and Scope 2 emissions totalled approximately 3,397,000 kg CO2e. Scope 3 emissions were approximately 19,283,100 kg CO2e, with capital goods accounting for 2,797,200 kg CO2e and business travel for 2,569,700 kg CO2e.

Medibank has set ambitious climate commitments, including achieving Net Zero against its Scope 1 and 2 emissions by 2025. The company also aims for Net Zero across its entire Scope 3 emissions by 2040, with a commitment to offsetting residual emissions with removals. In its 2024 Sustainability Report, Medibank indicated progress towards its short-term milestone of reaching Net Zero Scope 1 and 2 emissions by the end of FY25. The report also states that Medibank's Scope 1 and 2 emissions were reduced by 40% from its baseline, with total emissions increasing by 6% to 20,454.3 tonnes CO2e.