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.

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– Historical Scope 1, 2 and 3 emissions

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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.

Compare Commonwealth Bank with other companies in the same industry –>

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.

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Our methodology

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Commonwealth Bank

Sustainability Report and Carbon Intensity Rankings

Is Commonwealth Bank doing their part?

Their DitchCarbon score is 35

Industry emissions intensity

Very low

Low

Medium

High

Very high

Location emissions intensity

Very low

Low

Medium

High

Very high

Unlock 30+ emissions intelligence data points

Unlock 30+ emissions data points on Commonwealth Bank

...this company is doing 15.83% worse in emissions than the industry average.

emission intelligence's platform recommendations for Commonwealth Bank

Good news, Commonwealth Bank has embraced SBTi commitments

Claim this profile

Our methodology

Other company reports in this industry

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