In 2024, Bank of Queensland Ltd completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Bank of Queensland Ltd has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 328a | 359a | 423b | |
Total Scope 2 | ||||
Market-Based | N/A | 803b | 2,597b | |
Location-Based | 3,293a | 3,658a | N/A | |
Total Scope 3 | N/A | 28,999b | 35,025b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.3036a | 0.3156a | 0.3753b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Bank of Queensland Ltd amounted to 3,621 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Bank of Queensland Ltd decreased by 9.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Bank of Queensland Ltd were 328 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Bank of Queensland Ltd's Scope 1 emissions have decreased by 22.46%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Bank of Queensland Ltd's Scope 1 emissions decreased by 8.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Bank of Queensland Ltd reported Scope 2 greenhouse gas (GHG) emissions of 3,293 tCO₂e using the location-based method.a
Compared to the previous year (2023), Bank of Queensland Ltd's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Bank of Queensland Ltd's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Bank of Queensland Ltd reported its Scope 2 emissions using the location-based method.a
In 2024, Bank of Queensland Ltd reported Scope 1 greenhouse gas (GHG) emissions of 328 tCO₂e and total revenues of USD 1,080 millions. This translates into an emissions intensity of 0.3 tCO₂e per millions USD.a
In 2024, Bank of Queensland Ltd reported a Scope 1 emissions intensity of 0.3 tCO₂e per millions USD. Compared to the peer group median of 0.68, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Bank of Queensland Ltd ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Bank of Queensland Ltd is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a