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Bank Australia

Sustainability Report and Carbon Intensity Rankings

Is Bank Australia doing their part?

Their DitchCarbon score is 55

Bank Australia has a DitchCarbon Score of 55, indicating a moderate level of sustainability in their operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon emissions are produced relative to the company’s size and activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Bank Australia operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Bank Australia operates in a region with a very high carbon intensity, indicating significant greenhouse gas emissions per energy unit. This suggests that the bank’s sustainability efforts may face challenges due to the environmental impact of the country’s energy sector.
4.17%

...this company is doing 4.17% better in emissions than the industry average.

Bank Australia, founded in 1957, operates in the finance sector as Australia’s first 100% customer-owned bank. With headquarters in Melbourne, the company offers a range of banking services focused on creating positive social, environmental, and cultural outcomes. They serve nearly 130,000 customers through 24 branches across various Australian cities and prioritize reinvesting profits for fairer fees and better interest rates.

emission intelligence's platform recommendations for Bank Australia

Bank Australia should set clear, science-aligned targets for reducing their Scope 3 emissions, while also promoting sustainable practices throughout their supply chain, which could potentially lower their emissions by 35%.

Good news, Bank Australia has set SBTi climate commitments

Bank Australia has established targets to significantly reduce its greenhouse gas emissions from both direct operations and purchased energy. These targets align with the global objective to limit temperature rise to 1.5°C, reflecting the bank’s commitment to environmental sustainability.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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