Smartgroup Corporation Ltd, commonly known as Smartgroup, is a leading provider of employee benefits and fleet management solutions based in Australia. Established in 1999, the company has grown significantly, with its headquarters located in Sydney and operations extending across major Australian cities. Operating within the human resources and fleet management industry, Smartgroup offers a range of services, including salary packaging, novated leasing, and employee benefits administration. Their unique approach combines innovative technology with personalised service, ensuring clients receive tailored solutions that enhance employee engagement and satisfaction. Recognised for its market leadership, Smartgroup has achieved notable milestones, including consistent growth and a strong reputation for customer service excellence. With a commitment to delivering value and efficiency, Smartgroup continues to set the standard in the employee benefits sector.
How does Smartgroup'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.
Smartgroup's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Smartgroup reported total carbon emissions of approximately 10,815,460 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the entirety of this figure. Scope 1 emissions were about 97,620 kg CO2e, and Scope 2 emissions totalled approximately 50,910 kg CO2e. Comparatively, in 2023, Smartgroup's emissions were about 8,178,340 kg CO2e for Scope 3, with Scope 1 and Scope 2 emissions at approximately 114,990 kg CO2e and 147,600 kg CO2e, respectively. This indicates a notable increase in total emissions from 2023 to 2024, primarily driven by Scope 3 emissions. Smartgroup has not set specific reduction targets or initiatives as part of their climate commitments, nor do they have any SBTi (Science Based Targets initiative) reduction targets. The absence of documented reduction initiatives suggests a need for further development in their climate strategy. The emissions data is not cascaded from any parent organization, indicating that Smartgroup's reporting is independent. Overall, while Smartgroup has made strides in transparency regarding their emissions, the lack of reduction targets highlights an area for potential improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 93,610 | 00,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 300,830 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 3 | 12,114,670 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
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.
Smartgroup 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.
