Our progress to date

For more information, including definitions and calculations, see the Climate Report.

Foreword from our Chairman and CEO

"The Bank’s approach to climate change is being embedded in our strategy and aligned with our purpose – building a brighter future for all. One of our priorities is to play a leading role in supporting Australia’s transition to a modern, resilient and sustainable economy."

Full message

Our position on climate change

We are committed to playing a leadership role in Australia′s transition to a net zero emissions economy by 2050, including setting interim targets.

Read more on our climate change position

Our approach

We have been disclosing our progress, performance and plans in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) since 2018. This year the Bank has published its first standalone Climate Report in line with the 11 TCFD recommendations.


Given the significance of Environmental and Social issues, the Board has oversight for environmental related risks and opportunities, including climate and biodiversity.

Read more about our approach to governance


As a bank, we recognise the role we will need to play in lending to support our customers in Australia’s transition to net zero emissions.

Read more about our climate strategy


Climate change exposes our communities and the Bank to a range of acute and chronic physical risks, such as increased extreme weather events. Not addressing climate change poses transition risks to society.

Read more about how we address climate risk

Metrics and targets 

We set and track metrics and targets related to achieving net zero emissions by 2050. This includes interim targets for our financed and operational emissions.

Read more about our metrics and targets


This section describes the calculations, methodologies, assumptions and key references used in the preparation of this report. 

Read more about the supporting information and assumptions for the Climate Report

Important notices and information

Guidance on forward looking statements and climate information as reported in  the 2022 Climate Report.


Things you should know

  • 2022 Annual General Meeting

    The 2022 Annual General Meeting was held on Wednesday, 12 October 2022. Learn more.