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Medibank Private Ltd

Common Name
Medibank
Country
Australia
Sector
Financial Services
Industry
Insurance - Specialty
Employees
3,604
Ticker
MPL
Exchange
ASX
Description
Medibank Private Limited is a leading Australian health insurance and health services provider. It primarily underwrites and distributes private health insurance policies through its two well-known br...

Medibank's GHG Emissions Data Preview

In 2025, Medibank 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).

Medibank has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=MPL&reporting_period=2024"

Verified Sources Behind Medibank’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 Medibank’s data sources below and access millions more through our Disclosure Search.

a. Medibank's Sustainability Report 2025
a. Medibank's Sustainability Report 2025

Insights into Medibank's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions ofMedibank amounted to1,590.2metric 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 2024, the total operational greenhouse gas (GHG) emissions of Medibankdecreased by 58.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Medibank's Scope 1 Emissions Over Time

20212022202320242025055110165220tCO2e+56%-65%-4%-16%
  • Total Scope 1
  • Year-over-Year Change

What are Medibank's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Medibank were 57.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Medibank reduced its Scope 1 emissions over time?

Since 2021, Medibank's Scope 1 emissions have decreased by 55.63%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2024), Medibank's Scope 1 emissions decreased by 15.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Medibank's Scope 2 emissions?

In 2025, Medibank reported Scope 2 greenhouse gas (GHG) emissions of 1,532.3 tCOâ‚‚e using the market-based method.a

Has Medibank reduced its Scope 2 emissions over time?

Since 2021, Medibank's Scope 2 greenhouse gas (GHG) emissions (Market-Based)have decreased by 76.69%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2024), Medibank's Scope 2 emissions(Market-Based) fell by 59.26% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Medibank use for Scope 2 reporting?

In 2025, Medibank reported its Scope 2 emissions using the market-based method.a

Medibank's Scope 2 Emissions Over Time

2021202220232024202502 k4 k6 k8 ktCO2e
  • Total Scope 2 Market-Based

Insights into Medibank's Value Chain Emissions

In 2025, Medibank reported 30,810.5 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 2025 disclosure of Medibank includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Medibank's Scope 3 Emissions Over Time

2021202220232024202508 k16 k24 k32 ktCO2e-37%+34%+30%+34%
  • Total Scope 3
  • Year-over-Year Change

What are Medibank's Scope 3 emissions?

In 2025, Medibank reported total Scope 3 emissions of 30,810.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Medibank reduced its Scope 3 emissions over time?

Since 2021, Medibank's Scope 3 emissionshave increased by 47.85%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Medibank's Scope 3 emissions increased by 34.16%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Medibank disclose?

In 2025, Medibank reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Medibank's Scope 3 emissions?

In 2025, the largest contributors to Medibank's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 15,032 tCOâ‚‚e(48.79%)
  • Upstream Leased Assets (Cat. 8): 4,924.4 tCOâ‚‚e(15.98%)
  • Employee Commuting (Cat. 7): 4,182 tCOâ‚‚e(13.57%)

Medibank's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(13.6%)Upstream LeasedAssets (Cat. 8)(16.0%)Purchased Goods andServices (Cat. 1)(48.8%)

Insights into Medibank’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Medibank reported Scope 1 greenhouse gas (GHG) emissions of 57.9 tCOâ‚‚e and total revenues of USD 5,621 millions. This translates into an emissions intensity of 0.01 tCOâ‚‚e per millions USD.a

Medibank's Scope 1 Emissions Intensity Compared to Peers

2501,00020,0001,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)WAMPYear: 2024Scope 1: 26 tCO2eRevenue: $M 531Scope 1 Intensity: 0.05 tCO2e/$MWestpac BankingYear: 2024Scope 1: 6,262 tCO2eRevenue: $M 14,924Scope 1 Intensity: 0.42 tCO2e/$MPerpetualYear: 2025Scope 1: 50 tCO2eRevenue: $M 888Scope 1 Intensity: 0.06 tCO2e/$MNational Australia BankYear: 2024Scope 1: 5,635 tCO2eRevenue: $M 14,262Scope 1 Intensity: 0.40 tCO2e/$MBank of Queensland LtdYear: 2024Scope 1: 328 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.30 tCO2e/$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: 2025Scope 1: 960 tCO2eRevenue: $M 1,261Scope 1 Intensity: 0.76 tCO2e/$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: $M 18,866Scope 1 Intensity: 0.30 tCO2e/$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: 2025Scope 1: 3 tCO2eRevenue: $M 491Scope 1 Intensity: 0.01 tCO2e/$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: $M 743Scope 1 Intensity: 0.05 tCO2e/$MMedibankYear: 2025Scope 1: 58 tCO2eRevenue: $M 5,621Scope 1 Intensity: 0.01 tCO2e/$M

How does Medibank's GHG emissions intensity compare to its peers?

In 2025, Medibank reported a Scope 1 emissions intensity of 0.01 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Medibank rank on GHG emissions intensity within its industry?

In 2025, Medibank ranked 2 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Medibank among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Medibank's Total Carbon Footprint

In 2025, Medibank reported a total carbon footprint of 32,400.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.92% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Medibank's total carbon footprint was Scope 3 emissions, accounting for 95.09% of the company's total carbon footprint, followed by Scope 2 emissions at 4.73%.a

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