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:
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.
As community members, customers, shareholders, and employees, we call on all banks to: