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The Commonwealth Bank is a signatory to the revised Code of Banking Practice, which sets out appropriate standards for dealing with individual and small business customers.
Our Code of Conduct sets out expectations for how we act, solve problems and make decisions. It connects our Purpose, Values, Expectations and key Group Policies to help us deliver the right outcomes for all our stakeholders.
Our Innovation Labs invite visitors to witness the stages of innovation as they happen, from idea to execution. The flexible spaces are filled with the latest technology to enable faster collaboration and ideation than ever before, allowing visitors to uncover insights, recognise opportunities and solve business problems.
We’re committed to strengthening relationships with customers in remote Aboriginal and Torres Strait Islander communities, to enhance financial independence and ensure they’re not negatively impacted by geographical isolation.
We’ve launched the Safe & Savvy awareness program to help older Australians protect themselves from financial abuse.
We have a range of strategies and programs that build inclusive behaviours to ensure our employees, stakeholders and the wider community are valued and respected. These include building a diverse workforce, an inclusive culture, diversity in leadership and flexibility.
CommBank exists to serve a diverse community. Providing equal access and support for people with disability is part of our culture and integral to our diversity and inclusion strategy.
We’re committed to fostering financial and social opportunities for Aboriginal and Torres Strait Islander peoples and businesses.
We’re committed to playing our part in limiting climate change to well below two degrees in line with the Paris Agreement and supporting the responsible global transition to net zero emissions by 2050.
We’re continuously evolving our lending practices. Since becoming a signatory to the Equator Principles III and introducing our nine Environmental, Social and Governance (ESG) Lending Commitments in 2014, we’ve been working to embed our approach to responsible lending in all our business lending.
We see responsible investment as a matter of stewardship – the careful and responsible execution of the investing-related duties entrusted to us by our customers and clients.
Our support for diverse suppliers through responsible procurement takes many forms, from ensuring our suppliers are assessed on criteria such as Workplace Health & Safety (WH&S) to requiring all employees to adopt strategies for avoiding unnecessary consumption.
Our Human Rights Position Statement affirms our responsibility and commitment to respect all human rights across our operations.
We’ve been measuring, reducing and reporting on our environmental footprint since 2001 and recognise we play a role in limiting climate change by improving the environmental efficiency of our operations. We’re proud to be the first bank to begin rolling out solar panels across our branches.
