As of 2024, Bank of Queensland Ltd has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Bank of Queensland Ltd ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, Bank of Queensland Ltd has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, Bank of Queensland Ltd has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Bank of Queensland Ltd's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 6,327 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2023, Bank of Queensland Ltd is ahead of schedule on its operational emissions reduction target, having achieved 90% of the planned reduction.
As of 2024, Bank of Queensland Ltd has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.
Bank of Queensland Ltd's most ambitious value chain target is to reduce these emissions by 40% by 2030, compared to a baseline of 48,762 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
Bank of Queensland Ltd has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.