Commonwealth Bank of Australia
Commonwealth Bank Energy Data Preview
In 2024, Commonwealth Bank disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Commonwealth Bank also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Commonwealth Bank also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Commonwealth Bank also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Commonwealth Bank's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into Commonwealth Bank's Energy Renewability
In 2024, Commonwealth Bank consumed a total of 399,532 Gigajoules of energy across its operations. Of this total, 82.53% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 17.47% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Commonwealth Bank's Energy Renewability Rate
How much of Commonwealth Bank's energy consumed is renewable?
In 2024, Commonwealth Bank consumed a total of 399,532 Gigajoules of energy, of which 82.53% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This high level of renewable energy use suggests that Commonwealth Bank has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Are Commonwealth Bank's energy practices becoming more sustainable?
Since 2020, Commonwealth Bank's total energy consumption decreased by 28.4%, and remained stable in 2024, suggesting earlier reductions may have leveled off.
Over the same period, the share of renewable energy increased by 3.48%, but declined by 1.06% in 2024, suggesting recent volatility or sourcing constraints.
Overall, Commonwealth Bankās energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the companyās environmental impact.
Commonwealth Bank's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Commonwealth Bank's Energy Consumption & Production Mix
In 2024, Commonwealth Bank disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Commonwealth Bank's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Commonwealth Bank's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Commonwealth Bank's energy consumption?
In 2024, Commonwealth Bank's total energy consumption was primarily sourced from
- Solar Energy and Electricity (Unspecified Source) (82.53%)
- Transport Fuel (15.41%)
- Diesel (1.72%)
How diverse is Commonwealth Bankās energy consumption mix?
In 2024, Commonwealth Bank consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Solar Energy and Electricity (Unspecified Source) alone accounting for 82.53% of total consumption.
What are the main sources or generation technologies used by Commonwealth Bank to produce energy?
In 2024, Commonwealth Bank's energy production came primarily from
- Solar Energy (100%)
How diverse is Commonwealth Bankās energy production mix?
In 2024, Commonwealth Bank produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.
Commonwealth Bank's Energy Produced by Sources and Technologies
Insights into Commonwealth Bank's Energy Inflows & Self-Sufficiency
In 2024, Commonwealth Bank reported total energy inflows of 329,739 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 322,936 Gigajoules purchased from external suppliers and 6,803 Gigajoules generated through internal production. This corresponds to a production share of 2.06%, reflecting a 8.61% percentage point increase from the previous year (2023) and a 69.11% percentage point increase since 2020.
Commonwealth Bank's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
Commonwealth Bank's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased