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Mystate Limited, commonly referred to as Mystate, is a prominent financial services provider headquartered in Australia. Established in 2006, the company has made significant strides in the banking and financial sector, particularly in Tasmania and other key regions across the country.
Mystate offers a range of core products, including personal banking, home loans, and investment services, distinguished by their customer-centric approach and competitive rates. With a commitment to innovation and community engagement, Mystate has positioned itself as a trusted alternative to traditional banks, earning accolades for its service excellence and sustainable practices.
As a growing player in the Australian financial landscape, Mystate continues to enhance its offerings, ensuring that it meets the evolving needs of its customers while maintaining a strong market presence.
21
DitchCarbon score
-16 vs industry average
Mystate’s score of 21 is lower than 15% 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
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
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.
Mystate's reported carbon emissions
In 2023, MyState Limited reported total carbon emissions of approximately 55,834,000 kg CO2e. This figure includes Scope 1 emissions of about 41,000 kg CO2e, Scope 2 emissions from purchased electricity amounting to approximately 137,000 kg CO2e, and Scope 3 emissions totalling around 4,341,000 kg CO2e.
The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from a parent organisation. MyState Limited's emissions data is self-reported and does not include any commitments to the Science Based Targets initiative (SBTi) or other climate pledges.
Overall, MyState Limited's emissions profile reflects its operational impact, but further transparency regarding reduction strategies and future commitments would enhance its climate accountability.
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Mystate’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Mystate yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not 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
Mystate11 months ago
21
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