Industry initiatives and benchmarking activities - NAB
Benchmarking and recognition
We’re involved in various industry initiatives and benchmarking activities that focus on resilient and sustainable business practices. We’re proud to have won awards and recognition for our work.
The role of our industry associations and initiatives
Many of the issues impacting our ability to serve customers cannot be addressed by one company alone. We believe that our industry association memberships and initiatives directly benefit NAB’s long-term success including:
- access to industry research
- engaging in industry-wide policy discussions across a range of issues
- opportunities for networking with our industry peers
- access to key policymakers
- a further avenue to support the community, particularly through memberships of regional business chambers.
Key memberships and associated fees for 2026
| Membership | 2026 fee |
|---|---|
| Australian Banking Association (ABA) | 2026 fee $2,557,275 |
| Business Council of Australia | 2026 fee $97,000 |
| New Zealand Bankers’ Association | 2026 fee $466,669 NZ |
| Business NZ | 2026 fee $35,000 NZ |
We recognise the role industry associations play in public policy debate and advocacy for important issues to our business, customers, shareholders and the community. The diverse membership of some industry associations means there will be diverse opinions 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, 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 that better align with our own views and approach.
When an industry association’s position on an issue varies significantly from our public position, we raise this directly with the leadership of that association and take this into account at the time of membership renewal.
Industry associations and sustainability
Engagement with industry associations is an important part of our strategy and helps us identify emerging issues, advocate for changes in policy and handle risk management. We work with industry associations to drive progress on sustainability topics across industries.
For further information on our stakeholder engagement approach, including 2026 key engagement topics, see the Stakeholder Engagement section of NAB’s 2026 Annual Report (PDF, 16MB).
Industry associations and initiatives
| Industry associations | Initiatives |
|---|---|
| Australian Banking Association (ABA) | Initiatives We’re a member of the Australian Banking Association, which provides analysis, advice and advocacy for the banking industry and contributes to the development of public policy on banking. |
| Australian Sustainable Finance Institute | Initiatives Brings members together to work towards a sustainable and resilient financial system that supports greater environmental, social and governance (ESG) outcomes. |
| Business Council of Australia | Initiatives Advocates for policy on behalf of the business community. |
| Business Council for Sustainable Development Australia | Initiatives A business think tank and advocacy group that promotes commercial solutions to sustainability challenges. |
| Clean Energy Council | Initiatives NAB was the first bank to join Australia’s renewable energy association in 2016. |
| Equator Principles | Initiatives NAB became a signatory in October 2007. The principles are voluntary standards for determining, assessing and managing social and environmental risk in project financing. |
| Green Building Council of Australia | Initiatives Supports the sustainable transformation of commercial buildings and communities through the Green Star Certification process. |
| New Zealand Bankers' Association | Initiatives BNZ is a member. The association is a forum for New Zealand banking sector members to work together on non-competitive industry issues. |
| OECD Guidelines for Multinational Enterprises | Initiatives NAB has publicly committed to upholding the guidelines since 2004. |
| Principles for Responsible Banking | Initiatives NAB was one of 30 founding global banks that worked to develop the six principles launched in 2019. |
| RE100 | Initiatives NAB joined RE100 in 2019 and seeks to source 100% of its electricity from renewable sources each year. |
| Responsible Investment Association Australasia | Initiatives Promotes, advocates for and supports responsible investment approaches. |
| Sustainable Business Council | Initiatives A New Zealand group of companies playing a leading role in creating a sustainable future for business, society and the environment. |
| Sustainable Business Network NZ | Initiatives A not-for-profit incorporated society with a vision of a transformed business world. |
| Taskforce on Nature-related Financial Disclosures | Initiatives NAB is a member of the TNFD Forum, a global group supporting research and technical work on nature-related risk management and disclosure. |
| Tobacco-Free Finance Pledge | Initiatives NAB became a signatory in November 2020. |
| UN Environment Programme Finance Initiative (UNEP FI) | Initiatives NAB has been a signatory since 2002. |
| UN Global Compact | Initiatives NAB became a participant in 2010 and a member of the UN Global Compact Australian Network in 2014. |
| UN Guiding Principles on Business and Human Rights | Initiatives NAB is committed to upholding and integrating the principles into its approach to managing human rights. |
| UN Women’s Empowerment Principles | Initiatives NAB became a signatory in March 2018. BNZ has been a member since March 2012. |
| Universal Declaration of Human Rights | Initiatives NAB has been committed to upholding the declaration since 2004. |
Benchmarking activities
Dow Jones Sustainability Index (DJSI)
In the 93rd percentile of global banks assessed and included in the 2025 DJSI World Index.
Sustainalytics
We hold an ESG Risk Rating of 17.6 out of 100 (where lower is better), assessed as being at low risk of experiencing material financial impacts from ESG factors.
MSCI
We hold a AAA rating in the MSCI ESG Ratings assessment (on a scale of AAA to CCC), which are designed to support common approaches to environmental, social and governance investing.
Explore sustainability at NAB
Performance and reporting
Read our current and previous annual and environmental reports.
Human rights approach
Upholding human rights is fundamental to the way we do business.
Climate change
We’re taking steps to address climate change.
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