Australia’s big four banks have a climate problem.
NAB, ANZ, Westpac and CommBank continue to fund huge coal and gas projects that are fuelling the climate crisis:
- Since January 2016, ANZ has invested nearly $14 billion into fossil fuels, and $2.5 billion of this was for expansionary (new) projects. NAB, CommBank and Westpac are not far behind.
- In November 2021, NAB and ANZ released new gas and oil lending policies that leave the door open for billions to flow to gas projects for decades to come.
The big banks talk a big game on climate, publicly supporting net zero by 2050 and promoting their investments in renewables. But solving the climate crisis means stopping funding the digging and burning of fossil fuels too.
Big banks have the unique power to direct billions into climate solutions that can drive the deep cuts to pollution needed this decade. Technologies like big batteries, electric cars and buses, and clean manufacturing are here and ready to take off.
Sign the petition to the big four banks – NAB, ANZ, Westpac and CommBank:
As community members, customers, shareholders, and employees, we call on all banks to:
- Commit to fully exit coal, gas and oil by 2030
- Take no part in new or expansionary coal, gas or oil projects.
Latest Supporters
I won’t bank with you, you support coal and gas, which is on its way out. BAD INVESTMENT BANK, that’s what you are.
We need ethically responsible people and organisations, that look after our ailing planet, not make a few rich people richer, especially those in the fossil fuel industry. Do the right thing!
We need all funding of fossil fuels to swap to funding renewables if the planet is to continue to sustain life, and civilisation as we know it to continue.
Australia needs strong leaders in business to carry this country forward
We all need / want a cleaner greener Australia to lead the world not drag from behind
Coal is Un-supported by growing wave of Australian people
no profits on a dead planet.
No more investment in fossil fuels. Investing in green energy does NOT cancel out the carbon emissions from fossil fuels
Please do not fund coal and gas industries. It’s time to change the focus to renewables.
stop supporting polluters
Exit coal, gas & oil by 2030