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Commonwealth Bank Switches off for Earth Hour

24 March 2009: Commonwealth Bank will switch off an estimated 1.4 million lights nationally during Earth Hour 2009 as part of the Group’s commitment to a sustainable environment.

Commonwealth Bank Executive General Manager, Tristan Wills said the Group’s participation in Earth Hour since its inception in 2007 has helped raise awareness of environmental issues in the community and of the Bank’s Group-wide environmental initiatives.    

“As one of Australia’s largest organisations we understand the need to help raise awareness to reduce greenhouse gas emissions and address the relevant environment issues that relate to our business.

“Nationally, our staff have really embraced Earth Hour, taking steps to reduce their everyday impact on the environment, a key part of building a sustainable business,” Ms Wills said.

The Commonwealth Bank supports customers, staff and the wider community through environmental initiatives. These include:

Customers

Since the introduction of paperless statements to the Bank’s online banking service, NetBank, in January 2008, more than 800,000 customers have made the switch.  That’s a saving of 9.6 million sheets of paper and supports the Bank’s recent E-Money survey findings that 97 per cent of people will do more to help the environment if it is simple and easy to implement.

Staff

  • Moving from older premises to modern, energy efficient premises
  • Incorporating intelligent lighting systems, open plan office layouts and air-conditioning operational enhancements
  • Implementing energy saving options on PCs and printers
  • Making recycled paper available for use where appropriate
  • Staff generated energy saving tips on the Group’s intranet

Community

Alongside Earth Hour the Group is a major sponsor of Clean Up Australia Day and a partner of the Great Barrier Reef Foundation. Through these partnerships, the Group hopes to encourage all Australians to look at simple things they can do in their everyday lives to make a difference to the environment.

Earth Hour will be on Saturday, 28 March 2009 at 8:30pm local time.

ENDS

If you would like more information or to arrange a photograph around Earth Hour contact:

George Pank

PR Advisor, Commonwealth Bank

Ph: (02) 9378 3944/0422 048 659

Email: George.pank@cba.com.au

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