Getting to net zero

Climate action is everyone’s job. We need to play our part too, by supporting emissions reduction and working towards aligning our financed emissions to net zero by 2050. The challenge is significant and we still have work to do to fully embed climate considerations throughout the bank.

Supporting customers to decarbonise and build resilience

We’ve provided $4.5bn in new green lending, green CRE (REIT), securitisation, and underwriting and arranging activities.

Carbon neutral operations

Since 2010, we have been playing our part by reducing our own operational footprint through emissions avoidance and reduction, and then offsetting residual emissions. NAB has been certified carbon neutral by Climate Active’s Standard for Organisations in Australia since 1 July 2010. BNZ and JBWere NZ are both Toitū net carbon zero organisation certified.

Renewable electricity

88% of the electricity we used came from renewable sources in 2023.

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