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Financial Intermediation
AU
updated 4 days ago

St.George Bank Limited

Company website

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.

66

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.

28

Industry Benchmark

St.George Bank Limited's score of 66 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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St.George Bank Limited's reported carbon emissions

Inherited from Westpac Banking Corporation

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
Scope 1
-
-
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
-
-
-
-
-
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
80,125,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. St.George Bank Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for St.George Bank Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

St.George Bank Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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