Queensland Treasury, headquartered in Australia, is a pivotal entity within the Other Business Services sector (74). Established to manage the state's financial resources, it operates primarily across Queensland, focusing on economic policy, financial management, and revenue collection. Since its inception, Queensland Treasury has achieved significant milestones, including the development of innovative financial frameworks that support sustainable economic growth.
The organisation offers a range of core services, including budget management, economic analysis, and investment strategies, distinguished by its commitment to transparency and accountability. With a strong market position, Queensland Treasury plays a crucial role in shaping fiscal policy and driving economic initiatives, making it a cornerstone of Queensland's financial landscape.
-5 vs industry average
Queensland Treasury’s score of 27 is lower than 46% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Queensland Treasury's reported carbon emissions
Queensland Treasury's climate commitments are driven by the Clean Economy Jobs Act 2024 (Qld), which legislates ambitious emissions reduction targets. The state aims for a 30% reduction in emissions below 2005 levels by 2030, with a more significant target of 75% reduction below 2005 levels by 2035. Furthermore, Queensland Treasury is committed to achieving net zero emissions by 2050.
In terms of emissions reporting, for the fiscal year 2022, Queensland Treasury reported Scope 1 emissions of approximately 404,000 kg CO2e and Scope 2 emissions of approximately 282,600 kg CO2e, totalling approximately 686,600 kg CO2e for these scopes. For the fiscal year 2021, Scope 1 emissions were reported at approximately 5,330,000,000 kg CO2e. Data for Scope 3 emissions was not disclosed for these reporting periods, with specific categories like purchased goods and services, business travel, and employee commute noted as missing. Queensland Treasury's reporting is not cascaded from a parent organisation.
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Queensland Treasury’s Climate Goals (2030 & 2050)
3 goals2035
75% reduction in Scope 1
The Clean Economy Jobs Act 2024 (Qld) legislates an emissions reduction target of 75% below 2005 levels by 2035.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Queensland Treasury
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