Commonwealth Bank of Australia

Banks
CBA.AX
AUD 109 1.1
Share price
$ 125 bn
Market Cap
$ 176 bn
Enterprise Value

Carbon footprint

0.59 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2021
How is this calculated?
-10%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Commonwealth Bank of Australia aims to reduce Scope 1 + 2 by 42% by 2030 from a base year 2020


This target has not been verified as science based according to SBTi
Commonwealth Bank of Australia's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Commonwealth Bank of Australia's GHG emissions (location-based) (Kt of CO2e)

Commonwealth Bank of Australia's carbon footprint

Commonwealth Bank of Australia reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 104 Kt (-12 /-10.1% y-o-y).

Commonwealth Bank of Australia's Scope 3 emissions was down at 48 Kt (-9.9 /-17.2% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -21.8% since 2Q'19).

The company is committed to reducing Scope 1 + 2 by 42% by 2030 from a base year 2020, which translates into the estimated reduction of -4.1 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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