Netwealth Group Limited
Netwealth Group Limited, commonly referred to as Netwealth, is a prominent Australian financial services firm headquartered in Melbourne, Australia. Established in 1999, the company has made significant strides in the wealth management industry, focusing on providing innovative investment solutions and superannuation services. Netwealth operates primarily in the financial technology sector, offering a range of core products including investment platforms, superannuation funds, and managed accounts. What sets Netwealth apart is its commitment to leveraging technology to enhance user experience and streamline investment processes. With a strong market position, Netwealth has garnered recognition for its customer-centric approach and has achieved notable milestones, including multiple awards for its platform capabilities. As a leader in the Australian wealth management landscape, Netwealth continues to empower financial advisers and investors alike.
DitchCarbon Score
How does Netwealth Group 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
Netwealth Group Limited's score of 18 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Netwealth Group Limited's reported carbon emissions
In 2024, Netwealth Group Limited reported total carbon emissions of approximately 69,260 kg CO2e for both Scope 1 and Scope 2 emissions. This figure reflects the company's direct and indirect emissions from its operations. Notably, there is no available data on Scope 3 emissions, which typically encompass the broader supply chain impacts. Currently, Netwealth Group has not established any specific reduction targets or initiatives, nor have they made any climate pledges. This absence of defined commitments may indicate a need for further development in their climate strategy, especially in the context of increasing industry focus on sustainability and carbon neutrality. As a financial services provider headquartered in Australia, Netwealth Group's emissions profile aligns with the growing emphasis on corporate responsibility regarding climate change. The company may benefit from adopting industry-standard climate commitments to enhance its environmental performance and stakeholder engagement.
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| 2024 | |
|---|---|
| Scope 1 | 69,260 |
| Scope 2 | 69,260 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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.
Netwealth Group 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.
