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    greenhouse gas emissions

    bankmecu greenhouse gas emissions are broken down into Scope 1, Scope 2 and Scope 3 emissions as per the most widely used international accounting tool - the Greenhouse Gas Protocol published by the World Business Council for Sustainable Development and the World Resources Institute. 

    Figure 8a: Diagram showing Scope 1, Scope 2 and Scope 3 emission sources

    Source: Greenhouse Gas Protocol

    Scope 1: Direct Greenhouse Gas (GHG) emissions occur from sources that are owned or controlled by the company. For example, emissions from combustion in owned or controlled boilers, vehicles. 

    Scope 2: Indirect GHG emissions occur from the generation of purchased electricity consumed by the company. 

    Scope 3: Other indirect emissions are a consequence of the activities of the company, but occur from sources not owned or controlled by the company. For example, extraction and production of purchased materials, use of products and services and waste disposal. 

    bankmecu currently reports on emissions relating to car travel and gas consumption (Scope 1), electricity (Scope 2), air travel, paper and waste to landfill (Scope 3). bankmecu is investigating means for including emissions from additional sources not currently included in the Company's emissions profile. 

    Figure 8b: bankmecu Greenhouse gas emissions (CO2-e tonnes)

     

     

    2010/11

    2009/10

    2008/09

    2007/08

    2006/07

    2005/06

    % difference between 2009/10 and 2010/11

    Scope 1 - Direct emissions

    Car travel - company owned***

    23.07

    72.07

    46.44

    39.55

    47.55

    46.90

    -68%

    Gas - Consumption

    79.87

    67.89

    49.08

    39.77

    26.53

    31.70

    18%

    Scope 2 - Indirect emissions

    Purchased electricity 

    1643.806

    1,996.63

    1,319.36

    1,149.50

    1,069.63

    1,223.50

    -18%

    Scope 3 - Other indirect emissions

    Gas - Extraction

    6.49

    -

    -

    -

    -

    -

    -

    Purchased electricity – transmission and distribution

    197.16

    -

    -

    -

    -

    -

    -

    Car travel - company owned***

    1.76

    -

    -

    -

    -

    -

    -

    Car travel - employee owned claims***

    13.73

    -

    -

    -

    -

    -

    -

    Car travel – packaged cars***

    78.80

     

     

     

     

     

     

    Air travel*

    147.65

    47.91

    62.02

    39.46

    53.95

    28.30

    235%

    Paper – Copy, Letterhead, Statements

    36.49

    -

    -

    -

    -

    -

    -

    Paper - printed marketing materials**

    37.2

    -

    -

    -

    -

    -

    -

    Waste – general waste to landfill

    28.92

    -

    -

    -

    -

    -

    -

    TOTAL emissions

    2187.60

    2,039.02

    1,256.24

    1,041.16

    990.91

    1,330.40

    7%

    TOTAL per FTE

    7.47

    6.5

    5.59

    5.51

    5.44

    6.94

    9%

    Offsets

    Air travel offsets

    0

    0

    -80.55

    -42.67

    -79.55

    0.00

    -

    GreenPower

    0

    -145.48

    -140.11

    -184.45

    -127.20

    0.00

    -100%

    VEGA - (paper-printed materials)

    37.2

    -

    -

    -

    -

    -

    -

    Climate Positive Offsets

    2150.40 

    -

    -

    -

    -

    -

    100%

    TOTAL offsets

    2187.60 

    2,039.02

    1,256.24

    1,041.16

    990.91

    1,330.40

    -100%

    * Prior to 2010/11, Radiative Forcing was not considered in the methodology for determining air travel CO2 emissions. Including Radiative Forcing is considered best practice and has been included this year.

    ** Paper – printed marketing materials includes printed marketing material which is provided through a 100% carbon offset provider.

    *** Prior to 2010/11 all car travel was recorded together. Emission data relating to car travel is now broken down as per the GHG Protocol. Records prior to 2010/11 have been placed in scope 1 'Car Travel - Company owned'.

     

    Figure 8c: Greenhouse gas emissions (CO2-e tonnes) by Scope 8c CO2 emissions

    bankmecu’s CO2 emissions are calculated through an emissions accounting tool, EASE provided by OMG Equilibrium. Calculations are based on the GHG Protocol.

    A breakdown of bankmecu emission sources are outlined in subsequent chapters.