Bendigo Bank
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OVERALL |
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Owned |
AUS |
Rating |
N/A |
Community bank
Incorporating Bendigo Bank, Adelaide Bank, Rural Bank, Sandhurst Trustees and Oxford Funding.
Bendigo and Adelaide Bank Ltd | AUS | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Bendigo and Adelaide Bank Ltd | ||||
Banks play a critical role in enabling and sustaining fossil fuel projects. This bank has no current record of funding fossil fuels and has provided a position statement: "In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."
Source: Market Forces (2016)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023) |
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of E.
Source: Monash University (2021)
This company received an S&P Global ESG Score of 35/100 in the Banks category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022) |
According to the democracyforsale.net website, this company donated $182,140 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
This company works with the not-for-profit organisation Greenfleet to calculate and offset emissions from flights and their fleet of vehicles.
Source: Greenfleet (2020)
Between 2015 and 2018 this company paid $484 million tax on a total income of $9.8 billion, earning the number 31 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2018)
This company was the target of a campaign by Animal Liberation QLD for sponsoring a greyhound puppy auction in August 2014. In February 2015 Bendigo Bank withdrew its sponsorship of greyhound racing in the wake of revelations of animal cruelty in the sport.
Source: news article (2015) |
Company Details
Type | Listed public company |
Employees | 4,100 (2011) |
Contact Details
Address | The Bendigo Centre, Bendigo, VIC, 3550, Australia |
Phone | 1300 236 344 |
oncall@bendigobank.com.au | |
Website | www.bendigobank.com.au |