St.George Bank Limited Sustainability Profile
St. George Bank Limited, commonly referred to as St. George, is a prominent financial institution headquartered in Sydney, Australia. Established in 1937, the bank has grown to become a key player in the Australian banking sector, primarily serving customers in New South Wales and Queensland. As part of the Westpac Banking Corporation, St. George offers a diverse range of financial services, including personal banking, business banking, and wealth management. Its unique approach to customer service and innovative digital banking solutions have set it apart in a competitive market. With a strong focus on community engagement and sustainability, St. George Bank has achieved notable milestones, including numerous awards for customer satisfaction. Its commitment to providing tailored financial solutions has solidified its position as a trusted choice for Australians seeking reliable banking services.
DitchCarbon Score
How does St.George Bank Limited'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 Financial Intermediation 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
St.George Bank Limited's score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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St.George Bank Limited, headquartered in Australia, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are inherited from its parent company, Westpac Banking Corporation, reflecting a corporate family relationship. As part of its climate strategy, St.George Bank Limited aligns with the sustainability initiatives of Westpac, which includes participation in various climate-related frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for St.George Bank Limited are not detailed in the available data. The bank's commitment to sustainability is evident through its association with Westpac's broader environmental goals, although no explicit reduction targets or climate pledges are currently outlined for St.George Bank Limited itself. This indicates a reliance on the overarching strategies of Westpac to guide its climate action efforts.
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| 2008 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,823,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 188,780,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000 |
How Carbon Intensive is St.George Bank Limited's Industry?
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St.George Bank Limited's Scope 3 Categories Breakdown
St.George Bank Limited's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 2% since 2011, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
St.George Bank Limited's Climate Goals (2030 & 2050)
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.
St.George Bank Limited 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.
