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 65% 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, while Scope 2 emissions totalled approximately 50,910 kg CO2e. Comparatively, in 2023, Smartgroup's emissions were approximately 8,178,340 kg CO2e, with Scope 1 emissions at about 114,990 kg CO2e and Scope 2 emissions at approximately 147,600 kg CO2e. 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 company has not disclosed any significant climate pledges or reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, Smartgroup's emissions data reflects a reliance on purchased goods and services, highlighting the importance of addressing Scope 3 emissions in their climate strategy.
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 |
Smartgroup's Scope 3 emissions, which increased by 32% last year and decreased by approximately 11% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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.
Smartgroup 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.
