Bank of Queensland Ltd

Country
Australia
Sector
Financial Services
Industry
Banks - Regional
Employees
3,105
Ticker
BOQ
Exchange
ASX
Description
Bank of Queensland Ltd. is a prominent regional bank in Australia, offering a comprehensive range of financial products and services. Its primary function is to provide banking solutions such as perso...

Bank of Queensland Ltd's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
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)
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a, b
2030
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Verified Sources Behind Bank of Queensland Ltd’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Bank of Queensland Ltd’s data sources below and access millions more through our Disclosure Search.

a. Bank of Queensland Ltd's Annual Report 2024
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b. Bank of Queensland Ltd's Sustainability Report 2023
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Insights into Bank of Queensland Ltd's Greenhouse Gas Emissions Pathways

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. a b

Does Bank of Queensland Ltd have a target to reduce the emissions from its operations?

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. a b

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. a b

As of 2023, Bank of Queensland Ltd is ahead of schedule on its operational emissions reduction target, having achieved 90% of the planned reduction. a b

Bank of Queensland Ltd's Operational (Scope 1+2) Emissions Pathway

20202023203002 k4 k6 k8 kBaselineCurrent (-81%)

Does Bank of Queensland Ltd have a target to reduce the emissions from its value chain?

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. a b

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. a b

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. a b

Bank of Queensland Ltd's Value Chain (Scope 3) Emissions Pathway

202020232030015 k30 k45 k60 kBaselineCurrent (-41%)
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