A few key results

Corporate Knights Global 100 Index

NAB was ranked fourth globally among financial peers and 44th across all industries in the world in the Corporate Knights 2021 Global 100 Most Sustainable Companies Index, based on the Morgan Stanley Corporation International Index and public disclosures. 

Equileap Gender Equality

NAB ranked 14th globally and was the top-rated Australian financial sector company in the 2021 Equileap Gender Equality ranking.

Dow Jones Sustainability Index (DJSI)

Member since 2003 and ranked among the top 12 global banking industry leaders in the 2020 DJSI.

Why is this important?

We’re involved in a range of industry initiatives and benchmarking activities. And we’re proud to have won awards and recognition for our work.

We believe it’s important to participate in external initiatives that advance and recognise resilient and sustainable business practices.

The Role of Our Industry Associations and Initiatives

Many of the issues that impact our ability to serve customers cannot be addressed by one company alone. We believe that our industry association memberships and initiatives provide direct benefit to NAB’s long-term success including:

  • access to industry research.
  • engaging in industry-wide policy discussions across a range of issues.
  • opportunity for networking with our industry peers.
  • access to key policymakers.
  • a further avenue to support the community, particularly memberships of regional business chambers which we hold.

Our key memberships and payments for 2021 were:

  • Australian Banking Association (ABA): $3,086,999
  • Business Council of Australia (BCA): $93,500
  • BusinessNZ: NZ$34,500

In addition, NAB recognises the role of its industry associations in terms of contribution to public policy and advocacy on issues of importance to NAB’s business, customers, shareholders and the community. The diverse membership of some industry associations means there will be a diversity of opinion on particular issues. We may not always share the public views of individual members of an association, or an association as a whole.

However, by maintaining membership in our industry associations, we can share knowledge and data, and encourage policy advocacy and actions broadly aligned with our own views, including on climate change and the environment. Membership also allows us to advocate within the association for a change in policy and actions to be more aligned with our own views and approach. When an industry association’s position on an issue varies significantly from NAB’s public position, we raise this directly with the leadership of that association, and take this into account at the time of membership renewal.

In 2021, we contributed to numerous policy positions and industry association submissions to government reviews and inquiries, including:

  • BCA’s ‘Achieving a Net Zero Economy’ Report.
  • Clean Energy Regulator’s Corporate Emissions Reduction Transparency consultation paper.
  • Senate Environment and Communications Legislation Committee inquiry into the Interactive Gambling Amendment (Prohibition on Credit Card Use) Bill 2020.
  • Department of Agriculture, Water and the Environment’s evaluation of the Farm Management Deposits Scheme.
  • Parliamentary Joint Committee on Corporations and Financial Services inquiry into mobile payment and digital wallet financial services.
  • Reserve Bank of Australia’s Review of Retail Payments Regulation.
  • Digital Transformation Agency’s Digital Identity Legislation Position Paper.

What do we do?

Industry associations and initiatives

Benchmarking activities

Discover more

Social Impact approach

Managing our business in a responsible way is key to our vision of becoming Australia's leading bank, trusted by customers for exceptional service.

Stakeholder engagement

Maintaining an open and constructive dialogue with stakeholders is essential for business. It's how we understand community expectations, identify issues and discover opportunities to improve.

Supply chain management

How we reduce and mitigate risk with our suppliers.