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 GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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b
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Location-Based
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Total Scope 3
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b
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b
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Bank of Queensland Ltd’s Greenhouse Gas (GHG) Emissions 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
a. Bank of Queensland Ltd's Annual Report 2024
b. Bank of Queensland Ltd's Annual Report 2023
b. Bank of Queensland Ltd's Annual Report 2023

Insights into Bank of Queensland Ltd's Operational Emissions

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

Bank of Queensland Ltd's Scope 1 Emissions Over Time

2022202320240150300450600tCO2e-15%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Bank of Queensland Ltd's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Bank of Queensland Ltd were 328 metric tons of CO₂ equivalent (tCO₂e). a

Has Bank of Queensland Ltd reduced its Scope 1 emissions over time?

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. a b

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

What are Bank of Queensland Ltd's Scope 2 emissions?

In 2024, Bank of Queensland Ltd reported Scope 2 greenhouse gas (GHG) emissions of 3,293 tCO₂e using the location-based method. a

Has Bank of Queensland Ltd reduced its Scope 2 emissions over time?

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

What methodology does Bank of Queensland Ltd use for Scope 2 reporting?

In 2024, Bank of Queensland Ltd reported its Scope 2 emissions using the location-based method. a

Bank of Queensland Ltd's Scope 2 Emissions Over Time

20222023202409501.9 k2.85 k3.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Bank of Queensland Ltd’s GHG Emissions Intensity Compared to Industry Peers

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

Bank of Queensland Ltd's Scope 1 Emissions Intensity Compared to Peers

201,00020,0001,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)WWestpac BankingYear: 2024Scope 1: 6,262 tCO2eRevenue: $M 14,924Scope 1 Intensity: 0.42 tCO2e/$MPerpetualYear: 2024Scope 1: 3 tCO2eRevenue: $M 882Scope 1 Intensity: 0.00 tCO2e/$MNational Australia BankYear: 2024Scope 1: 5,635 tCO2eRevenue: $M 14,255Scope 1 Intensity: 0.40 tCO2e/$MAUB GroupYear: 2023Scope 1: 621 tCO2eRevenue: $M 493Scope 1 Intensity: 1.26 tCO2e/$MMacquarie GroupYear: 2025Scope 1: 482 tCO2eRevenue: $M 4,243Scope 1 Intensity: 0.11 tCO2e/$MBendigo and Adelaide BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,402Scope 1 Intensity: 0.00 tCO2e/$MSuncorp GroupYear: 2025Scope 1: 2,531 tCO2eRevenue: $M 10,152Scope 1 Intensity: 0.25 tCO2e/$MWWWHSP HoldingsYear: 2024Scope 1: 8,375 tCO2eRevenue: $M 386Scope 1 Intensity: 21.72 tCO2e/$MHub24Year: 2023Scope 1: 2 tCO2eRevenue: $M 184Scope 1 Intensity: 0.01 tCO2e/$MQBE Insurance GroupYear: 2024Scope 1: 7,746 tCO2eRevenue: $M 28,796Scope 1 Intensity: 0.27 tCO2e/$MANZ Group HoldingsYear: 2024Scope 1: 5,958 tCO2eRevenue: $M 14,072Scope 1 Intensity: 0.42 tCO2e/$MEvolution MiningYear: 2024Scope 1: 225,199 tCO2eRevenue: $M 39Scope 1 Intensity: 5,839.16 tCO2e/$MCommonwealth BankYear: 2025Scope 1: 5,592 tCO2eRevenue: $M 18,866Scope 1 Intensity: 0.30 tCO2e/$MMedibankYear: 2024Scope 1: 69 tCO2eRevenue: $M 5,367Scope 1 Intensity: 0.01 tCO2e/$MZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MComputershareYear: 2024Scope 1: 3,344 tCO2eRevenue: $M 4,544Scope 1 Intensity: 0.74 tCO2e/$MChallengerYear: 2024Scope 1: 3 tCO2eRevenue: $M 426Scope 1 Intensity: 0.01 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MInsurance Australia GroupYear: 2025Scope 1: 6,770 tCO2eRevenue: $M 9,717Scope 1 Intensity: 0.70 tCO2e/$MASXYear: 2025Scope 1: 37 tCO2eRevenue: $M 743Scope 1 Intensity: 0.05 tCO2e/$MSteadfast GroupYear: 2024Scope 1: 704 tCO2eRevenue: $M 801Scope 1 Intensity: 0.88 tCO2e/$MBank of Queensland LtdYear: 2024Scope 1: 328 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.30 tCO2e/$M

How does Bank of Queensland Ltd's GHG emissions intensity compare to its peers?

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 0.27 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Bank of Queensland Ltd rank on GHG emissions intensity within its industry?

In 2024, Bank of Queensland Ltd ranked 13 out of 21 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

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