Medibank Private Ltd
Medibank's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 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 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified 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.
Insights into Medibank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Medibank amounted to 3,830.2 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 2023, the total operational greenhouse gas (GHG) emissions of Medibank increased by 132.57%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Medibank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Medibank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Medibank were 68.7 metric tons of CO₂ equivalent (tCO₂e). a
Has Medibank reduced its Scope 1 emissions over time?
Since 2021, Medibank's Scope 1 emissions have decreased by 47.36%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Medibank's Scope 1 emissions decreased by 3.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Medibank's Scope 2 emissions?
In 2024, Medibank reported Scope 2 greenhouse gas (GHG) emissions of 3,761.5 tCO₂e without specifying the calculation method. a
What methodology does Medibank use for Scope 2 reporting?
In 2024, Medibank reported its Scope 2 emissions using an unspecified methodology. a
Medibank's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Medibank's Value Chain Emissions
In 2024, Medibank reported 22,965.7 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 2024 disclosure of Medibank includes a breakdown across 10 of 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
Medibank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Medibank's Scope 3 emissions?
In 2024, Medibank reported total Scope 3 emissions of 22,965.7 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 98.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.49% 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 emissions have increased by 71.58%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Medibank's Scope 3 emissions increased by 29.6%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Medibank disclose?
In 2024, 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 2024, the largest contributors to Medibank's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 11,258.1 tCO₂e (49.02%)
- Business Travel (Cat. 6): 2,856.9 tCO₂e (12.44%)
- Upstream Leased Assets (Cat. 8): 2,839.3 tCO₂e (12.36%)
Medibank's Scope 3 Emissions by Categories
Insights into Medibank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Medibank reported Scope 1 greenhouse gas (GHG) emissions of 68.7 tCO₂e and total revenues of USD 5,367 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a
Medibank's Scope 1 Emissions Intensity Compared to Peers
How does Medibank's GHG emissions intensity compare to its peers?
In 2024, Medibank reported a Scope 1 emissions intensity of 0.01 tCO₂e 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 2024, Medibank ranked 4 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2024, Medibank reported a total carbon footprint of 26,795.9 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.36% increase compared to 2023, 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 85.71% of the company's total carbon footprint, followed by Scope 2 emissions at 14.04%. a