Queensland Country Bank

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-07 to 2023-06🗂️ Report periods on file: 2022-07 to 2023-06

In its 2022-07 to 2023-06 reporting, Queensland Country Bank disclosed greenhouse gas emissions of 4.1K tCO2e. By scope: Scope 1: 50.9 tCO2e; Scope 2: 1.4K tCO2e; Scope 3: 2.7K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
4.1K tCO2e
2022-07 to 2023-06
⚡
Renewable Energy
32%
of total energy
♻️
Waste
300kg CO2e
2022-07 to 2023-06

📊 Emissions by Scope (2022-07 to 2023-06)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).50.9 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.4K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.7K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Improve the quality and availability of data (2023-24)
  • Commence staged transition to EV fleet (2023-24)
  • Educate our staff about climate action (2023-24)
  • Inspire behaviour changes to reduce energy usage (2023-24)

📅 Medium-term

  • Inclusion of first C aligned asset classes to measure scope financed emissions (2024-25)
  • Energy audit (2024-25)
  • Implement phase 1 of sustainable supplier framework (2024-25)
  • Develop a Sustainable Travel Policy (2024-25)

🌱 ESG Focus Areas

Climate ChangeResource Efficiency

⚠️ Challenges & Risks +

  • Majority of footprint lies in Scope 3 emissions (67.3%)
  • Significant portion of emissions from branch electricity usage (31%)
  • Need to build capability to understand and measure financed emissions

📋 Report Information

Reporting Period: 2022-07 to 2023-06
Frameworks: GHG Protocol