- Data quality issues in the Australian agricultural sector delaying target setting
- Decarbonising Australia's electricity grid remains a key challenge
- High energy prices impacting households and businesses
- Data limitations and methodological challenges in measuring nature-related impacts
- Insurance affordability challenges impacting customers and the bank
Commonwealth Bank of Australia ACN 123 123 124
Greenhouse gas emissions & sustainability report data
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.
Renewable Energy
99.6% (Group)
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2019-07 to 2020-06 | 114.4K tCO2e/year |
| 2016-07 to 2017-06 | 204.3K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Group Scope 1 & 2 operational emissions by 65% since 2020
- Reduced Group Scope 3 operational emissions by 14% since 2020
- Achieved 99.6% RE100 certification for 2024 (pending acquittal of RECs)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 operational emissions by 21% by 2025
- Reduce Scope 3 operational emissions by 16.3% by 2025
- Achieve 2 MW of on-site solar capacity by 2025
📅 Medium-term
- Reduce Scope 1 and 2 operational emissions by 42% by 2030
- Reduce Scope 3 operational emissions by 32.7% by 2030
- Transition 100% of Group fleet to hybrid and EVs by 2030
- Achieve $70 billion in cumulative Sustainability Funding Target by 2030
🔭 Long-term
- Support Australia’s transition to a net-zero economy by 2050
🌱 ESG Focus Areas
Climate Change