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Commonwealth Bank releases Sustainability Report 2010

Sydney, 21 October: The Commonwealth Bank today released its annual Sustainability Report, which covers the Group’s sustainability initiatives and achievements over the 2009-10 financial year.

Commonwealth Bank Group Executive, Ms Barbara Chapman, said the release of the report demonstrates the Group’s determination to continue to build a sustainable business.

“We recognise that the sustainability of our business is about delivering long-term value to our customers, people, shareholders and the community,” Ms Chapman said.

The Commonwealth Bank Sustainability Report 2010 focuses on the Group’s five key sustainability foundations – Customers, People, Community, Environment and Governance.

“The report provides a solid overview of the Group’s activities and performance across our five sustainability foundations and covers the many ways in which we are working towards our goals in each of these areas. The report also reflects on the past twelve months to provide an overview of more recent achievements.

“As a leader in the community, we recognise the importance in proactively and transparently communicating our sustainability initiatives, activities and achievements, not only to our people and shareholders, but to our customers and the broader Australian community,” Ms Chapman said. 

Throughout the 2009-10 year, the Group’s focus remained on delivering customer service excellence to its customers and creating a stronger organisational culture where our people are engaged, passionate and valued. The Group also has an established commitment to its environmental sustainability program and reducing its direct and indirect environmental impact.

The Group is committed to sustainability and will continue the challenge of pursuing a broad definition of corporate sustainability to ensure its policies and practices support customers, people, the environment, the community and rigorous corporate governance.

The Group’s Sustainability Report is an annual publication and is now available to view online at



Note to editors:
The Sustainability Report 2010 includes information about Bankwest, the Group’s wholly owned subsidiary.


For more information contact:
Louisa Galligani
Public Relations Advisor
P (02) 9118 1784
M 0468 987 335