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Financial Intermediation
AU
updated 4 days ago

Members Equity Bank Limited

Company website

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.

39

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.

30

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.

61%

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Members Equity Bank Limited's reported carbon emissions

Inherited from Bank of Queensland Limited

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2021202220232024
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
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Members Equity Bank Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Members Equity Bank Limited is in AU, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Members Equity Bank Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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