#DontBankOnIt: Exit coal, gas and oil by 2030

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:

1. Commit to fully exit coal, gas and oil by 2030
2. Take no part in new or expansionary coal, gas or oil projects.