Supporting Australia’s transition

  • We’re focused on supporting our clients as they transition their business models to a low carbon economy and ensure their operations are fit for the future.

    Our carbon markets team enables financing and risk management solutions across global carbon markets that support our customers to achieve their climate goals. We have deep experience in key global carbon markets, having been involved in the European Emissions Trading Scheme (ETS) since 2014. We are also active in Australian Carbon Credit Units (ACCUs), New Zealand carbon units (NZUs), Californian carbon market and International Voluntary Offsets.

    Whether you wish to offset emissions or finance your emission reduction project, CommBank’s experience and capabilities can help you navigate this new and exciting market.

Be part of Australia’s carbon market with CommBank

Supporting businesses

CommBank can provide upfront financing for the stream of ACCUs, which can be funded on a fixed or floating price basis. The ACCUs can be sold to the market, to us, or used to offset your company’s carbon emissions profile.

We can facilitate your ACCU purchases, saving you time and effort in evaluating the vast universe of offset projects.

We can surrender ACCUs on your behalf, instantly reducing your emissions.

Supporting project developers

There are a range of land-based, industry or transport carbon reduction projects that can create revenue opportunities. As an accredited project developer, you can finance your project through the Australian carbon market, and connect to public and private sector entities through carbon credits.

As well as trading carbon credits on the primary market for a fixed price, Australia’s new ACCU option contracts mean you can sell carbon credits on the secondary market to companies at a floating price – enabling you to get a better outcome if prices rise.

CommBank can help you finance the upfront costs of setting up carbon harvesting on your land.

We can help you manage price risk in the carbon market.

We can act as an intermediary so you can gain exposure to carbon credit development and acquire ACCUs.

Carbon markets thought leadership

Carbon markets: collaborating to unlock a US$1tn global opportunity

Carbon pricing will be a key instrument for de-carbonisation, driving the lowest cost abatement across the economy, ensuring polluters pay and supporting investment in technology and innovation. Australia has a unique opportunity to participate. 

Learn more about carbon markets

Dr Alan Finkel and the pathway to net-zero

As Australia formally commits to achieving net zero emissions by 2050, government adviser and former chief scientist Dr Alan Finkel sets out the roadmap and explains why he remains optimistic about the future. 

Getting to net zero

Fuelling the future with green hydrogen

Green hydrogen is an important fuel of the future to assist in the transition to net zero emissions. Australia has the potential to be a leading producer if it moves quickly and invests in the infrastructure required to produce at scale.

Learn more about the green hydrogen revolution

Latest news

CBA executes ISPT’s carbon offset trade

CBA’s first surrender of Australian Carbon Credit Units on behalf of a client puts ISPT on track to be carbon positive by 2025.

Read ISPT article

CBA enters partnership with Xpansiv to develop Australia’s voluntary carbon market

Commonwealth Bank of Australia (CBA) and Xpansiv Ltd., the global marketplace for ESG commodities, have entered a Strategic Relationship Agreement to build trading infrastructure and grow Australia’s voluntary carbon market.

Read Xpansiv article

CBA announces Australian banking first carbon tracking feature

Commonwealth Bank has announced an Australian banking first by providing personalised carbon footprints for customers based on their spending data in a partnership with fintech start-up CoGo.

Read CoGo article

Commonwealth Bank one step closer to net zero emissions

Commonwealth Bank of Australia has taken another step forward on its journey to carbon neutrality, partnering with the Aboriginal Carbon Foundation.

Read Aboriginal Carbon Foundation article

Things you should know

  • Any opinions, views of contributors, conclusions or recommendations are reasonably held or made, based on the information available of compilation, but no representation or warranty, either express or implied, is made or provided as to the accuracy, reliability or completeness of any statement made in this information. You should consider whether this product is appropriate for you. Applications for finance are subject to the Bank’s normal credit approval.

    Full terms and conditions are included in the loan offer. Bank fees and charges may apply. Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information. Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945