Public Profile

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.

16

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.

3

Industry Benchmark

Netwealth Group Limited's score of 16 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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 are no disclosed reduction targets or climate pledges, indicating a potential area for future commitment in addressing climate change. As a financial services provider headquartered in Australia, Netwealth Group Limited is positioned within an industry increasingly focused on sustainability and carbon footprint reduction.

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2024
Scope 1
69,260
Scope 2
69,260
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Netwealth Group 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. Netwealth Group Limited is headquartered in AU, which has a rank of very high, indicating very high grid carbon 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 committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers