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.
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.
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.
Queensland Treasury's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Queensland Treasury has set ambitious climate commitments under the Clean Economy Jobs Act 2024. Although specific carbon emissions data for the most recent year is not available, the organisation has established significant reduction targets. By 2030, Queensland aims to achieve a 30% reduction in emissions below 2005 levels, and by 2035, this target increases to a 75% reduction. Furthermore, Queensland Treasury is committed to reaching net zero emissions by 2050, focusing on Scope 1 emissions. These initiatives reflect a strong commitment to sustainability and align with global climate action efforts.
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.
