Our progress to date

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

Message from the Chair and CEO

We support Australia’s transition to a net zero economy by 2050. In supporting this ambition, our actions need to align with our purpose - building a brighter future for all - and aim to be inclusive. We remain committed to managing the risks and opportunities of climate change, and supporting our customers.

Full message

Supporting Australia’s energy transition

A critical step to achieving net zero by 2050 for Australia, is a net zero electricity grid.

Read more on our support for Australia’s energy transition

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 we have made progress against our Environmental & Social and Net-Zero Banking Alliance commitments.


As Australia’s largest bank, we recognise the role we can play in supporting Australia’s transition to a net zero economy by 2050.

Read more about our climate strategy


Providing effective governance of environmental issues enables the Board to oversee the Bank’s management of climate-related risks and opportunities.

Read more about our approach to governance


Climate-related risks can have different impacts on our customers, people, communities and the Bank. Our risk approach seeks to ensure we understand and address these impacts.

Read more about how we address climate risk

Metrics and targets 

We set targets and track progress related to our climate strategy.

Read more about our metrics and targets


This section describes the calculations, methodologies, assumptions and key references used in preparing the 2023 Climate Report.

Read more about the supporting information and assumptions made in the Climate Report

Important notices and information

Guidance on forward‑looking statements and climate information as reported in the 2023 Climate Report.


Things you should know

  • 2023 Annual General Meeting

    The 2023 Annual General Meeting was held on Wednesday, 11 October 2023. Learn more.