24/11/2023: Scam alert - Scammers are impersonating Bank Australia staff. Learn more.

2023-06-23 12:09 pm

Home

Impact

Impact Finance

Not-for-profit and for-purpose companies

XX
number of homes built for people with a disability

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.

Highlights

Our environmental impact – like sourcing 100% renewable electricity

Our investments and products – like who we do and don’t lend money to

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.

Highlights

Our environmental impact – like sourcing 100% renewable electricity

Our investments and products – like who we do and don’t lend money to

What are for- purpose and not-for-profit or organisations?

A not-for-profit is an organisation like a charity that exists for their purpose alone and not to make profit. Any money they make is put back into the organisation to keep doing what they do. A for-purpose organisation is similar but they may make some profit – social enterprises for example.

Why we do not-for-profit finance

Not-for-profit and for-purpose organisations exist for a reason – they’re here to help. So we help them. People and businesses in this sector can do everything from campaign on climate, support people with a disability, provide employment to young people or build sustainable, climate-friendly homes.

Bank Australia's policy

This matters to us because, through these organisations, we’re able to help support those having a positive impact for people and the planet.
‍
Scroll down to find out how impact finance has contributed towards accelerating more purpose-led organisations achieve their goals.

Impact story

From landfill site to urban farm, CERES is a global leader in sustainability

An environmental education centre, community garden, urban farm and social enterprise hub all rolled into one, Bank Australia customer CERES has inspired people to fall in love with the earth for the past 40 years.

‍

Learn more