Medibank Private Limited, commonly known as Medibank, is a leading health insurance provider headquartered in Melbourne, Australia. Established in 1976, the company has grown to become a significant player in the Australian health insurance industry, serving millions of customers across the nation.
Medibank offers a diverse range of health insurance products, including hospital and extras cover, tailored to meet the unique needs of individuals and families. Its commitment to customer service and innovative health solutions sets it apart in a competitive market. Notable achievements include its listing on the Australian Securities Exchange in 2014, which marked a significant milestone in its corporate journey.
With a strong focus on preventative health and wellness, Medibank continues to enhance its market position, making it a trusted choice for Australians seeking comprehensive health coverage.
+14 vs industry average
Medibank’s score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Health Services has typical carbon intensity
Industry performance
The Health Services industry has increased its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Medibank's reported carbon emissions
In 2022, Medibank reported total carbon emissions of approximately 15,395,400 kg CO2e. This figure includes Scope 1 emissions of about 203,300 kg CO2e, Scope 2 emissions of approximately 1,983,100 kg CO2e, and significant Scope 3 emissions totalling around 13,209,000 kg CO2e. Notably, the company has set ambitious climate commitments, aiming for Net Zero against its Scope 1 and 2 emissions by 2025 and across all Scope 3 emissions by 2040. Medibank's reduction initiatives include a target to reduce Scope 1 and 2 emissions by 40% from their baseline by 2025, with a reported increase in total emissions of 6% to 20,454.3 metric tons CO2e as of 2024. The company is actively working towards achieving these milestones, demonstrating a commitment to managing climate-related risks and opportunities effectively. This data reflects Medibank's ongoing efforts to align with industry standards and contribute to global climate goals, reinforcing its position as a responsible corporate entity in Australia.
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Medibank’s Climate Goals (2030 & 2050)
6 goals2025
40% reduction in Scope 1
Medibank Scope 1 and 2 emissions reduced by 40% from our baseline and our total emissions increased by 6% to 20,454.3 tCo2.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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