Members Equity Bank Limited Sustainability Profile
Members Equity Bank Limited, commonly known as ME Bank, is a prominent financial institution headquartered in Australia. Established in 1994, ME Bank has carved a niche in the banking industry by focusing on providing competitive home loans, personal loans, and savings accounts tailored for members of various industry superannuation funds. With a strong presence across major Australian cities, ME Bank is dedicated to delivering straightforward banking solutions that prioritise customer needs. The bank's commitment to transparency and low fees has positioned it as a trusted alternative to traditional banks. Notable achievements include a growing customer base and recognition for its innovative digital banking services, making ME Bank a key player in the Australian financial landscape.
DitchCarbon Score
How does Members Equity Bank Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Members Equity Bank Limited's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Members Equity Bank Limited, headquartered in Australia, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of Bank of Queensland Limited, which may influence its climate commitments and emissions reporting. As of now, Members Equity Bank Limited has not established any documented reduction targets or initiatives related to carbon emissions. There are no specific commitments to the Science Based Targets initiative (SBTi) or other climate pledges noted in the available data. Given the absence of emissions data and reduction initiatives, it is essential to monitor future disclosures from Members Equity Bank Limited for any developments in their climate strategy and performance.
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Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 429,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,583,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 41,896,000 | 00,000,000 | - | - |
How Carbon Intensive is Members Equity Bank Limited's Industry?
How Carbon Intensive is Members Equity Bank Limited's Location?
Members Equity Bank Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Members Equity Bank Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
