Commonwealth Bank
Sustainability Report and Carbon Intensity Rankings
Is Commonwealth Bank doing their part?
Their DitchCarbon score is 35
Commonwealth Bank has a DitchCarbon Score of 35 out of 100, indicating a lower performance in sustainability efforts. This score suggests that the bank’s carbon intensity is relatively high, reflecting a need for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to environmental sustainability and lower carbon intensity.
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
Commonwealth Bank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. 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
The Commonwealth Bank is situated in Australia, a region with a very high carbon intensity rating. This suggests that the bank’s operations are likely influenced by the country’s significant carbon footprint, potentially posing challenges to its sustainability efforts.
Unlock 30+ emissions data points on Commonwealth Bank
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Commonwealth Bank
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
15.83%
...this company is doing 15.83% worse in emissions than the industry average.
Commonwealth Bank, founded in 1911 and headquartered in Australia, is a premier institution in the finance sector. As Australia’s leading provider of financial services, it offers a comprehensive suite of products including banking, funds management, insurance, and investment services. With a robust presence, the bank serves its customers through a workforce of over 52,000 employees and maintains a strong shareholder base of more than 800,000.
emission intelligence's platform recommendations for Commonwealth Bank
Commonwealth Bank could reduce its scope 3 emissions by optimizing logistics routes and adopting more efficient transportation methods.
Good news, Commonwealth Bank has embraced SBTi commitments
Commonwealth Bank has pledged to set science-based emissions reduction targets through the Science Based Targets initiative (SBTi). This commitment means the bank will align its carbon output with the levels required to meet the goals of the Paris Agreement, significantly reducing its environmental impact.
Participating
Claim this profile
Are you associate with this company?
Help us improve our data and claim this profile.
Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
Looking for a specific company?
Search our company directory or contact us for custom data requests.