Queensland Treasury Sustainability Profile
Queensland Treasury, officially known as the Queensland Department of Treasury, is a pivotal institution in Australia, headquartered in Brisbane, Queensland. Established in 1859, it plays a crucial role in the state's economic management and financial governance, overseeing significant operational regions across Queensland. As a key player in the public sector, Queensland Treasury focuses on economic policy, financial management, and revenue collection. Its core services include budget management, economic forecasting, and investment strategies, all designed to enhance the state's financial sustainability. The department is recognised for its commitment to transparency and accountability, ensuring that public funds are managed effectively. With a strong market position, Queensland Treasury has achieved notable milestones, including the implementation of innovative financial frameworks that support economic growth and stability. Its unique approach to fiscal policy and economic development continues to set benchmarks within the industry.
DitchCarbon Score
How does Queensland Treasury'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 Business Services 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
Queensland Treasury's score of 25 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Queensland Treasury's reported carbon emissions
In 2022, Queensland Treasury reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. Queensland Treasury is committed to ambitious emissions reduction targets as outlined in the Clean Economy Jobs Act 2024. The Act legislates a near-term target of reducing emissions by 30% below 2005 levels by 2030 and a long-term target of achieving a 75% reduction by 2035. Furthermore, Queensland Treasury has committed to reaching net zero emissions by 2050. These commitments reflect Queensland Treasury's proactive approach to addressing climate change and align with industry standards for sustainability and emissions management.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Queensland Treasury's Industry?
How Carbon Intensive is Queensland Treasury's Location?
Queensland Treasury's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Queensland Treasury has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
