Rest
Rest, officially known as Rest Superannuation, is a leading superannuation fund headquartered in Australia. Established in 1988, Rest has grown to serve over 1.8 million members across the nation, with a strong presence in major operational regions including New South Wales and Victoria. Specialising in superannuation and retirement solutions, Rest offers a range of investment options and insurance products tailored to meet the diverse needs of its members. What sets Rest apart is its commitment to low fees and strong long-term performance, making it a preferred choice for many Australians seeking financial security in retirement. With a market position as one of the largest industry super funds in Australia, Rest has achieved significant milestones, including consistently high ratings for member satisfaction and investment returns.
DitchCarbon Score
How does Rest'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
Rest's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rest's reported carbon emissions
In 2023, Rest reported total carbon emissions of approximately 12,997,000 kg CO2e globally, with 126,000 kg CO2e attributed to Scope 2 emissions from purchased electricity. Notably, there were no reported Scope 1 emissions. The Australian operations mirrored this data, with total emissions of about 2,624,000 kg CO2e, again solely from Scope 2 emissions. Rest 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). This lack of formal commitments suggests that while Rest is aware of its carbon footprint, it has yet to establish a structured approach to reducing emissions. The emissions data is not cascaded from a parent organization, indicating that Rest operates independently in its reporting and climate commitments. Overall, Rest's current emissions profile highlights a significant reliance on electricity consumption, with opportunities for future emissions reduction strategies.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 116,000 | 000,000 |
| Scope 3 | 2,508,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Rest is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
