Commonwealth Bank of Australia

Common Name
Commonwealth Bank
Country
Australia
Sector
Financial Services
Industry
Banks - Diversified
Employees
48,580
Ticker
CBA
Exchange
ASX
Description
Commonwealth Bank of Australia is a diversified financial services company offering retail, business, and institutional banking alongside wealth management, superannuation, insurance, investment, and ...

Commonwealth Bank's Climate Target Data Preview

As of 2025, Commonwealth Bank has disclosed 18 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 9 absolute reduction targets and 9 intensity-based target 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 Commonwealth Bank ’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
2025
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured
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b, a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured
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b, a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b, a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
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b, a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Revenue Passenger Kilometer (RPK)
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b, a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Commonwealth Bank’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 Commonwealth Bank’s data sources below and access millions more through our Disclosure Search.

a. Commonwealth Bank's Annual Report 2025
a. Commonwealth Bank's Annual Report 2025
b. Commonwealth Bank's Climate Report 2024
b. Commonwealth Bank's Climate Report 2024

Insights into Commonwealth Bank's Greenhouse Gas Emissions Pathways

As of 2025, Commonwealth Bank 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 Commonwealth Bank have a target to reduce the emissions from its operations?

As of 2025, Commonwealth Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Commonwealth Bank's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 19,282 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

Commonwealth Bank has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Commonwealth Bank's Operational (Scope 1+2) Emissions Pathway

202020252025203005 k10 k15 k20 kBaselineCurrent (-72%)Target 2025 (-21%)Target 2030 (-42%)

Does Commonwealth Bank have a target to reduce the emissions from its value chain?

As of 2025, Commonwealth Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b

Commonwealth Bank's most ambitious value chain target is to reduce these emissions by 100% by 2030, compared to a baseline of 1,200,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a b

As of 2024, Commonwealth Bank is ahead of schedule on its value chain emissions reduction target, having achieved 91.67% of the planned reduction. a b

Commonwealth Bank's Value Chain (Scope 3) Emissions Pathway

2020202420300300 k600 k900 k1.2 MBaselineCurrent (-92%)
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