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In 2024, CBA 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CBA has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofCBA amounted to1,710,919.67metric 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 CBAincreased by 6.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of CBA were 1,341,907.997 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2020, CBA's Scope 1 emissions have increased by 26.13%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), CBA's Scope 1 emissions decreased by 1.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, CBA reported Scope 2 greenhouse gas (GHG) emissions of 7,343.067 tCOâ‚‚e using the market-based method and 369,011.673 tCOâ‚‚e using the location-based method.a
Since 2020, CBA's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that CBA's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2023), CBA's Scope 2 emissions(Location-Based) rose by 48.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, CBA reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, CBA reported 974,589.148 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CBA includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, CBA reported total Scope 3 emissions of 974,589.148 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 81.37%of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.63%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, CBA's Scope 3 emissionshave decreased by 34.59%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), CBA's Scope 3 emissions decreased by 27.19%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
In 2024, CBA reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to CBA's Scope 3 emissions were:a
In 2024, CBA reported Scope 1 greenhouse gas (GHG) emissions of 1,341,907.997 tCOâ‚‚e and total revenues of USD 1,323 millions. This translates into an emissions intensity of 1,014.26 tCOâ‚‚e per millions USD.a
In 2024, CBA reported a Scope 1 emissions intensity of 1,014.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 486.57, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, CBA ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
CBA is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, CBA reported a total carbon footprint of 2,685,508.818 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.84% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to CBA's total carbon footprint was Scope 1 emissions, accounting for 49.97% of the company's total carbon footprint, followed by Scope 3 emissions at 36.29%.a