We work to make a positive impact for people and the planet, and this past year has been no exception. By banking together, we can make the world a better place.
We share a belief with our customers that money can be used to create a world where people and the planet thrive. That’s why this report matters. It demonstrates how we have worked to achieve the best possible outcomes for our customers and remained true to our purpose during the 2023 financial year.
It’s time to raise the bar on climate action. We know that 2050 is too late, and that our customers care deeply about taking decisive action. We want to help Australia build the future we all deserve. The time for change is now.
Bank Australia was the first Australian bank to join the Global Alliance for Banking on Values (GABV).
✓ Genuine commitment to social or environmental change
✓ Triple bottom line commitment to people, planet, and prosperity
The way we see it, the awarding of bonuses to drive sales increases the risk of unethical behaviour that may negatively impact customers. That’s why we don’t pay bonuses to our executives or employees.
For the first time, our Conservation Reserve partner the Barengi Gadjin Land Council conducted a full cultural burn at our property. The cool, low intensity burn will assist with the rebuilding of fire management knowledge lost since colonisation and help to manage fire risk.
We continue to create and keep jobs in Australia, and all our staff are based in Australia.
46% Metro Victoria
33% Regional Victoria – Gippsland
10% Regional Victoria – Western
12% QLD / SA / ACT / NSW
We planted over 5,900 Buloke trees to support healthy populations and provide future food for the South Eastern Red-tailed Black-Cockatoo at our Conservation Reserve.