In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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 2023, the total operational greenhouse gas (GHG) emissions of CBA amounted to 1,607,534.247 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 2022, the total operational greenhouse gas (GHG) emissions of CBA decreased by 1.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of CBA were 1,358,308.331 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, CBA's Scope 1 emissions have increased by 27.67%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), CBA's Scope 1 emissions remained relatively stable, indicating that CBA's emissions have plateaued with no significant change in its operational footprint. a
In 2023, CBA reported Scope 2 greenhouse gas (GHG) emissions of 7,072.834 tCO₂e using the market-based method and 249,225.916 tCO₂e using the location-based method. a
Since 2020, CBA's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 27.89%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), CBA's Scope 2 emissions (Location-Based) fell by 10.32% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, CBA reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, CBA reported 1,338,490.273 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of CBA includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, CBA reported total Scope 3 emissions of 1,338,490.273 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 85.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.5% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, CBA's Scope 3 emissions have decreased by 10.17%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), CBA's Scope 3 emissions remained relatively stable, indicating that CBA 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, 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 2023, the largest contributors to CBA's Scope 3 emissions were: a
In 2023, CBA reported Scope 1 greenhouse gas (GHG) emissions of 1,358,308.331 tCO₂e and total revenues of USD 1,515 millions. This translates into an emissions intensity of 896.57 tCO₂e per millions USD. a
In 2023, CBA reported a Scope 1 emissions intensity of 896.57 tCO₂e per millions USD. Compared to the peer group median of 432.35 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, CBA ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, CBA reported a total carbon footprint of 2,946,024.52 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.3% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to CBA's total carbon footprint was Scope 1 emissions, accounting for 46.11% of the company's total carbon footprint, followed by Scope 3 emissions at 45.43%. a