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2022-04-28 10:05 am
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Using finance
for impact

What is impact finance?

Impact finance is how we contribute to a world where people and the planet thrive – through the people, businesses and projects that we lend to and invest in.

Where you put your money matters

Impact finance is how we put your money where it matters. It's rewarding customers for choosing to build or renovate an energy efficient home. It's finding new homes for people living with a disability. It’s backing developers that are building accessible and net zero homes. It’s supporting Aboriginal and Torres Strait Islander customers on their home ownership journeys.

Above: The Great Ocean Road, VIC

How impact finance works

We're guided by our responsible banking policy, which sets out what we do and don’t lend to. This helps us focus on people and businesses working towards a future of clean energy, inclusive housing, and not-for-profits.

Here are some examples of the kinds of work we do:

We lend to community housing providers to help them build affordable and social housing for people who need it, and specialist disability accommodation providers that build accessible homes for people with complex care needs.

We lend to not-for-profit and for-purpose community and business customers who provide vital services and advocacy in areas like disability support, education and environmental conservation.

We help customers to make sustainable choices, like using our Clean Energy Home Loan to buy or build a home with a low impact on our environment or developers build apartments that don’t fuel the climate crisis.

We help first home buyers get into the market, through schemes like the First Home Loan Deposit Scheme and the Victorian Homebuyer Fund.

We invest in green and sustainability bonds to align our investments with our values wherever we can. This funds projects like low carbon transport and wind farms.

Why Impact Finance?

Through impact finance and together with our customers, we’re disrupting the notion that values and banking are mutually exclusive.

Impact finance brings responsible banking to life. Who we do business with, and why, matters.

Impact finance is led by experts in fields including affordable housing and clean energy transition.

We align impact finance with the United Nations sustainable development goals. These set a global blueprint to achieve a better and more sustainable future for all.

We use ‘negative’ screens in our assessment of loan applications to make informed decisions about who we lend money to.

As a certified B Corporation, we meet the highest standards of verified social and environmental performance, public transparency, and legal accountability.

Customer stories

View more stories

Contact the impact lending team

If your organisation needs debt to scale its impact, get in touch with our impact lending team.

Send us your details
Bank Australia is a member of IBA's banking panel

How Jodie bought her family home

Jodie is a proud Gunditjmara woman who refinanced her loan with us through IBA (Indigenous Business Australia). We're proud to be supporting IBA customers on their home ownership journeys.

Learn more

Impact by numbers

We have $1.08b of assets that are helping people and the planet thrive.