OFX, formerly known as OzForex, is a leading global money transfer service headquartered in Australia. Established in 2012, the company has expanded its operations across key regions, including North America, Europe, and Asia-Pacific, positioning itself as a significant player in the foreign exchange industry.
Specialising in international money transfers, OFX offers competitive exchange rates and low fees, making it a preferred choice for individuals and businesses alike. Its unique platform provides users with a seamless experience, enabling them to send money across borders efficiently and securely.
With a strong market presence and a commitment to customer satisfaction, OFX has achieved notable milestones, including a substantial increase in transaction volumes and a growing customer base. The company continues to innovate, ensuring it remains at the forefront of the evolving financial landscape.
+4 vs industry average
OFX’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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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
OFX's reported carbon emissions
In 2025, OFX reported total carbon emissions of approximately 7.2 million kg CO2e. This figure includes Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of approximately 57,230 kg CO2e (market-based), and Scope 3 emissions of about 7 million kg CO2e. In 2024, the total emissions were approximately 8.7 million kg CO2e, with Scope 1 emissions again at 0 kg CO2e, Scope 2 emissions at around 280,650 kg CO2e, and Scope 3 emissions at approximately 8.4 million kg CO2e. Despite these emissions figures, OFX has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to have cascaded emissions data from a parent organization, indicating that the reported figures are solely from OFX Group Limited. Overall, while OFX has made strides in reporting its emissions, it currently lacks defined climate commitments or reduction strategies.
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OFX’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for OFX yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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OFX
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