A few key results

Green bonds

First certified bank climate bond.

Clean energy

$56.3 billion environmental financing provided since 2015 to help address climate change and support the transition to a low-carbon economy.

Why is this important?

We know that managing the environment well is good for business. Our economy and societal wellbeing depends on a healthy planet. So we’re working to help our customers understand environmental risks and providing products and services to make it easier for our customers reduce their environmental impacts whilst improving their long-term profitability.

What do we do?

We are providing products and services that enable our customers to make long-term decisions that are good for the environment and their bottom line. We became an inaugural signatory to the Natural Capital Declaration – an initiative of the Natural Capital Finance Alliance – in 2011 and we are integrating consideration of environmental impacts and dependencies into our day-to-day risk management practices and decision-making.

The transition to a low carbon, resource-efficient economy in which our natural assets are valued and managed sustainably will require the scaling-up of private-sector investment in clean technology applications and systems for natural capital management around the world, both in developed and developing economies. From power generation and energy efficiency measures to transport infrastructure and smart agricultural practices, significant investment in existing and new technologies will be necessary.

Mitigating climate change requires changing the way we use energy – and how we invest in energy development. Renewable energy and energy efficiency technologies promise significant potential for reducing greenhouse gas emissions and protecting the environment. Alongside measures to reduce the demand for emissions-intensive goods and services, significant stock of public and private infrastructure will also need to be replaced or modified. This provides an opportunity to invest in the technology, physical plant and equipment and infrastructure that will deliver emissions reduction outcomes.

How did we do it?

We have dedicated teams that provide products and services to our customers to help them address environmental challenges or make the most of environmental opportunities.

  1. Sustainable Finance and Hybrids Equity Capital Markets teams, who are focussed on addressing the issues that matter to our customers, communities and the environment in which we operate and provide a broad range of financing, investment and advisory solutions which support sustainable development and the transition to a low carbon economy. These include green, social, sustainability and social impact bonds; green and sustainability linked loans; green deposits and financing solutions to support the provision of affordable, social, student, indigenous, age-appropriate and disability housing.
  2. Specialised Finance team, who provide project finance and asset finance solutions to customers across a number of key industry sectors – specifically larger-scale infrastructure3, energy4, natural resource5 projects and renewable energy.
  3. Agribusiness team, who tailor finance and banking solutions for our agribusiness customers –including the first stage post-farmgate processing sector. We have an Agribusiness team in every state, in over 100 locations across Australia.

Important information

1. Refer to Climate Bonds Initiative.

2. A summary of the methodology used to calculate our environmental financing data can be found here.

3. Large-scale infrastructure includes national critical projects such as Public Private Partnerships in areas of education, health, social housing, justice, water and rail.

4. Energy projects include traditional power projects, energy distribution and transmission. Renewable projects are a key focus for the team and include such sectors as wind, solar and geothermal power.

5. Natural resource projects are arranged across selected mining and mining-related infrastructure.

Discover more

Environmental approach

We're committed to understanding and managing the impacts and dependencies of our business on the environment.

Climate change

The impacts of climate change and climate-related policy are having a growing effect on our business, our customers and the communities in which we operate. That's why we're taking action.

Natural Capital

We’re integrating natural capital considerations into our day-to-day decision making and risk assessment processes.

Environmental performance

Our environmental targets, assurance and certifications help us operate more efficiently while addressing key environmental challenges.