First Option Bank

is taking climate action

First Option Bank

is taking climate action by measuring and managing their carbon emissions

Expiry: 
November 21, 2025
First Option Bank
Name
First Option Bank
Industry
Financial services

Climate action summary:

Scope of most recent measurement:
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated
Carbon profiles:
Estimate data
10/2023 - 09/2024
Period

9.0

tCo2 offset

993.1

tCo2 measured
Scope:
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated

993.1

tCo2 measured

993.1

Co2 measured

1

% offset via climate projects

9

Extra trees planted
Estimate data
09/2020 - 09/2021
Period

41.4

tCo2 offset

41.3

tCo2 measured
Scope:
Staff, energy, travel, waste, suppliers
Staff, energy, travel, waste, suppliers

41.3

tCo2 measured

41.3

Co2 measured

100

% offset via climate projects

237

Extra trees planted
Estimate data
10/2022 - 09/2023
Period

258.0

tCo2 offset

258.0

tCo2 measured
Scope:
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated

258.0

tCo2 measured

258.0

Co2 measured

100

% offset via climate projects

258

Extra trees planted
Estimate data
10/2021 - 09/2022
Period

132.0

tCo2 offset

131.0

tCo2 measured
Scope:
Energy, Suppliers, Travel, Waste
Energy, Suppliers, Travel, Waste

131.0

tCo2 measured

131.0

Co2 measured

100

% offset via climate projects

132

Extra trees planted
Estimate data
10/2023 - 09/2024
Period

9.0

tCo2 offset

993.1

Gross emissions (tCO2)

993.1

Net emissions (tCO2)

993.1

Gross emissions (tCO2)

993.1

Net emissions (tCO2)
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated
Scope of emissions measured
Compensation of emissions: 

993.1

Co2 measured

1

% offset

9

Extra trees planted
Estimate data
09/2020 - 09/2021
Period

41.4

tCo2 offset

41.3

Gross emissions (tCO2)

41.3

Net emissions (tCO2)

41.3

Gross emissions (tCO2)

41.3

Net emissions (tCO2)
Staff, energy, travel, waste, suppliers
Scope of emissions measured
Compensation of emissions: 

41.3

Co2 measured

100

% offset

237

Extra trees planted
Estimate data
10/2022 - 09/2023
Period

258.0

tCo2 offset

258

Gross emissions (tCO2)

258.0

Net emissions (tCO2)

258

Gross emissions (tCO2)

258.0

Net emissions (tCO2)
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated
Scope of emissions measured
Compensation of emissions: 

258.0

Co2 measured

100

% offset

258

Extra trees planted
Estimate data
10/2021 - 09/2022
Period

132.0

tCo2 offset

154

Gross emissions (tCO2)

131.0

Net emissions (tCO2)

154

Gross emissions (tCO2)

131.0

Net emissions (tCO2)
Energy, Suppliers, Travel, Waste
Scope of emissions measured
Compensation of emissions: 

131.0

Co2 measured

100

% offset

132

Extra trees planted

First Option Bank

is funding certified climate projects to compensate for their emissions

Australia
Australia

Mount Sandy Conservation, Australia

A land conservation project in partnership with the traditional land owners, the Ngarrindjeri people
Check icon
200-hectares protected
Check icon
Revegetation through native plants
Check icon
Native wildlife conservation
View all projects

📉 Decarbonisation plan

Check out the reduction action planned, in progress or completed

Help your suppliers become carbon neutral

Track your CO2 emissions on an annual basis

Go paperless

Implement a sustainable supplier policy

Create a plan to reduce commuting emissions

Develop a climate-focused mission statement

Engage your staff in climate action

Separate your office waste

Conduct a waste audit

Inspire employees to offset their footprint

Inspire behavioural changes to reduce energy usage

Develop a sustainable travel policy

Offset your current emissions to become carbon neutral

Educate staff about carbon emissions

🌿 Projects most recently funded by

First Option Bank

Projects most recently funded

For more information about scope & badge types please see full definitions here
First Option Bank
has verified that all of the information they have provided in order to calculate their carbon footprint is accurate
has verified that all of the information they have provided is accurate

How it works

MEASURE

Accurately measure your emissions in a matter of days

ENGAGE

Educate & engage your employees on the journey

Reduce

Set targets and implement actions to reduce emissions

SHARE

Easily & transparently share your impact

Brand
First Option Bank
Industry
Financial services
Scope:
Business travel, Electricity, Employee commute, Purchased goods & services, Waste generated
Since
September 9, 2021
41.4
tCO2 offset
237
Trees planted
Climate Positive status expiry:
November 21, 2025

First Option Bank

First Option started more than fifty years ago as a family of credit unions providing financial services to Australian employees of local and global organisations. Now as a mutual bank we provide full banking services to our members and their families. Unlike big banks we're 100% owned by our members, not by shareholders, and we reinvest all profits back into providing better services and better interest rates for our members.

Our sustainability initiatives

No items found.
First Option Bank

Other projects supported by

First Option Bank

Image of project
Coorong Lakes Biodiversity Conservation, Australia
Protecting landscape & connecting habitat in partnership with Traditional Custodians
UN Sustainable Development Goals
LIFE ON LAND
PARTNERSHIPS
Read more
Image of project
Cool Fire Traditional Land Management, Australia
Combining traditional knowledge with contemporary technology to reduce fire risk & carbon emissions.
UN Sustainable Development Goals
HEALTH
LIFE ON LAND
CLIMATE ACTION
ECONOMY
PARTNERSHIPS
Read more
Image of project
Katingan Peatlands Conservation, Indonesia
Protecting and restoring peat swamp ecosystem
UN Sustainable Development Goals
CLIMATE ACTION
GENDER EQUALITY
LIFE ON LAND
NO POVERTY
HEALTH
Read more

Why Trace

Trace’s simple platform and supportive team empower businesses to start their journey to net zero today and engage their staff.

Simple

Our platform is designed for SMEs with lots on their plates - we're easy to use and easy to work with

Transparent

We help you trace and share your impact internally and externally across multiple channels.

Educational

We cut through the noise and help you and your employees become sustainability gurus

Reliable

We measure your emissions using global standardsnd source high integrity projects to offset

You’ve made it this far – starting is easy

Join our community of climate-conscious business leaders and take responsibility for your carbon footprint with trace today.

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