A few key results

Corporate Knights Global 100 Index

NAB was ranked 42nd and is the top-rated Australian company in the Corporate Knights Global 100 Most Sustainable Companies Index, based on the Morgan Stanley Corporation International Index and public disclosures. 

Equileap Gender Equality

NAB ranked 14th globally in the 2019 Equileap Gender Equality ranking.

Dow Jones Sustainability Index

Member since 2003 and ranked in the top 11% of companies in the Banking and Finance sector in the DJSI World Index.

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.

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 2020, our key industry association payments included:*

Australian Banking Association - $2,949,492
Business Council of Australia - $93,500
New Zealand Bankers’ Association - NZ $324,417
BusinessNZ - NZ $38,512

*Expenditure includes GST and covers the period 1 October 2019 to 30 September 2020

What do we do?

Industry associations and initiatives

Benchmarking activities

Policy Submissions

By maintaining membership in our industry associations, NAB can share knowledge and data, and encourage policy advocacy and actions broadly aligned with our own views, including on climate change and the environment. In 2020 we contributed to a number of industry association policy submissions, including:

  • The Samuel Review of the Environment Protection and Biodiversity Conservation Act
  • The Climate Change Authority’s statutory review of the Emissions Reduction Fund
  • Federal Government’s National Technology Investment Roadmap
  • APRA consultation on the treatment of loans impacted by COVID-19

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.