Medibank

In 2023, Medibank reported total carbon emissions of approximately 19,367,300 kg CO2e. This figure includes 71,300 kg CO2e from Scope 1 emissions, 2,471,400 kg CO2e from Scope 2 emissions, and 3,870,200 kg CO2e from Scope 3 emissions, which encompasses areas such as employee commuting and purchased goods and services. In 2022, Medibank's total emissions were about 15,395,400 kg CO2e, with Scope 1 emissions at 203,300 kg CO2e, Scope 2 emissions at 1,983,100 kg CO2e, and Scope 3 emissions reaching 13,209,000 kg CO2e. The trend shows a significant increase in total emissions from 2022 to 2023. For 2021, the total emissions were approximately 15,655,300 kg CO2e, with Scope 1 emissions at 130,500 kg CO2e, Scope 2 emissions at 2,139,600 kg CO2e, and Scope 3 emissions at 13,385,200 kg CO2e. Medibank has not disclosed specific reduction targets or initiatives in their climate commitments, indicating a potential area for improvement in their sustainability strategy. The company has reported carbon emissions per full-time employee, which was about 4,600 kg CO2e in 2021, suggesting a focus on employee-related emissions as part of their overall carbon footprint. Overall, while Medibank has made strides in tracking and reporting emissions, the absence of defined reduction targets highlights the need for a more robust climate action plan moving forward.