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Environmental sustainability

We are focussing our efforts on energy, water and waste due to their relevance to the customers we bank and the markets in which we operate.

We are supporting household, business and financial practices that improve environmental sustainability. We have set targets to:

  • Fund and facilitate at least $50 billion by 2025 towards sustainable solutions for our customers, including initiatives that help improve environmental sustainability, support disaster resilience, increase access to affordable housing and promote financial wellbeing.
  • Encourage and support 100 of our largest emitting customers in the energy, transport, buildings and food, beverage and agricultural sectors to establish, and where appropriate, strengthen existing low carbon transition plans, by 2021.
  • Develop an enhanced climate risk management framework that strengthens our governance and is responsive to climate change, by end 2022.
  • Achieve our 2021 – 2025 suite of environmental footprint targets (outlined on our Environmental Footprint page).

We publicly report on our progress against these targets in our ESG reporting.

Climate change

We support the Paris Agreement’s goal of transitioning to net zero emissions by 2050 and are committed to playing our part.

Environmental footprint

We measure and report our environmental impact across the markets in which we operate. Our targets are focused on reducing the environmental impact of our operations through innovation and efficiency. 

 

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