Reserve Bank of Australia

Reserve Bank of Australia's reported carbon emissions

In 2024, the Reserve Bank of Australia (RBA) reported total carbon emissions of approximately 15,000,000 kg CO2e. This figure includes Scope 1 emissions of about 1,262,966 kg CO2e, Scope 2 emissions of approximately 18,427,153 kg CO2e, and Scope 3 emissions totalling around 2,246,679 kg CO2e. Notably, the Scope 3 emissions include significant contributions from business travel (186,303 kg CO2e) and purchased goods and services (1,494,187 kg CO2e). For the previous year, 2023, the RBA's emissions were approximately 14,000,000 kg CO2e, with Scope 1 emissions at about 1,726,203 kg CO2e, Scope 2 emissions of approximately 12,763,775 kg CO2e, and Scope 3 emissions of around 6,678 kg CO2e. The Scope 3 emissions for 2023 also highlighted business travel (192,159 kg CO2e) and purchased goods and services (3,323,571 kg CO2e). Despite these emissions figures, the RBA 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 RBA's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. Overall, the RBA's commitment to addressing climate change remains to be defined, with no formal pledges or reduction strategies currently in place.