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Medibank, officially known as Medibank Private Limited, is a leading health and social work services provider headquartered in Australia. Established in 1976, the company has grown to become a prominent player in the health insurance sector, offering a range of services across the nation, particularly in major urban centres.
Specialising in private health insurance, Medibank provides unique products tailored to meet diverse customer needs, including hospital cover, extras cover, and health management programs. The company is recognised for its commitment to customer service and innovative health solutions, positioning itself as a trusted partner in health and wellbeing.
With a strong market presence, Medibank has achieved significant milestones, including its listing on the Australian Securities Exchange in 2014. Its dedication to improving health outcomes and community engagement further solidifies its reputation as a leader in the health and social work services industry.
67
DitchCarbon score
+45 vs industry average
Medibank’s score of 67 is higher than 81% 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
Medium
Health Services has typical carbon intensity
Industry performance
0.263
20182025
The Health Services industry has reduced its overall emissions by 23% 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.
Medibank's reported carbon emissions
Medibank, an Australian health and social work services provider, reported its carbon emissions for 2025 as approximately 21,685,200 kg CO2e. This includes Scope 1 emissions of 57,900 kg CO2e and Scope 3 emissions of 21,627,200 kg CO2e. For 2024, total emissions were about 20,454,300 kg CO2e, with Scope 1 at 68,700 kg CO2e, Scope 2 at 1,290,100 kg CO2e (from purchased electricity), and Scope 3 at 19,095,500 kg CO2e.
Medibank aims to achieve Net Zero against its Scope 1 and 2 emissions by 2025, a target it has been working towards since 2023. The company also has a long-term goal of achieving Net Zero across Scope 3 emissions by 2040, with residual emissions to be offset with removals. Progress towards its short-term Net Zero Scope 1 and 2 emissions milestone by the end of FY25 was reported in 2024. In 2024, Medibank's Scope 1 and 2 emissions were reduced by 40% from its baseline, although overall total emissions increased by 6% to 20,454.3 metric tons CO2e.
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Medibank’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
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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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
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Medibank28 days ago
67
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