This company profile is not publicly available
Formerly bankmecu. Customer owned bank.
|Bank Australia Ltd||AUS||website|
|Bank Australia Ltd|
This company is a member of the Global Alliance for Banking on Values, an independent network of banks using finance to deliver sustainable economic, social and environmental development.
[Source 2018][More on Governance]
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: "Bank Australia has not made and will not make any loans to the fossil fuel industry, including coal and coal seam gas. Bank Australia is also conscious of the impact of its own operations and has been carbon neutral since 2011."
[Source 2016][More on Climate Change]
This bank is a member of the Responsible Investment Association Australasia, whose goal is to see more capital being invested more responsibly; shifting more capital into sustainable assets and enterprises and shaping responsible financial markets to underpin strong investment returns and deliver a healthier economy, society and environment.
[Source 2018][More on Multi-Stakeholder Initiatives]
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
[Source x][More on Sustainability Reporting]
|No company details currently available for Bank Australia Ltd
|Address||Kew, VIC, Australia|
|Fax||03 9853 9294|