You can read about what we are doing to bring this commitment to integrity to life in:
CBA has acted to strengthen its anti-financial crime compliance programme and has invested significantly to ensure that it identifies, mitigates and manages financial crime risk across all business units and countries in which it operates. CBA continues to uplift its processes for monitoring, managing, reporting and controlling financial crime across all of its operations to ensure increased confidence in managing this area of risk.
CBA continues to work with AUSTRAC and other financial crime regulators to help protect the integrity of the Australian financial system.
The Group has a broad range of diverse suppliers which presents a great opportunity to grow our social procurement commitments, supporting our suppliers and communities. We are building strong foundations which include:
The Group also has a Procurement Policy requiring all employees to adopt strategies to avoid unnecessary consumption and manage demand as well as support suppliers who are socially responsible and adopt ethical practices.
We work with suppliers to remedy any minor issues identified during the compliance and audit process, however we will not use suppliers who do not meet minimum labour standards and health and safety requirements.
The Group is proud to be a founding member of Supply Nation (formerly AIMSC), a not-for-profit membership body supporting small-to-medium Indigenous suppliers. We work collaboratively with Supply Nation to help build capacity amongst Indigenous businesses, by: