The Commonwealth Bank of Australia (CBA) remains committed to supporting Australia’s transition to a net zero economy by 2050.
“We continue to make progress on our strategy and commitments to support Australia’s transition to a net zero economy. We remain committed to managing the risks and opportunities of climate change, supporting our customers, and playing our part to support an inclusive transition,” said Paul O’Malley, Commonwealth Bank Chair, and Matt Comyn, CEO.
CBA’s third standalone Climate Report provides a further update on CBA’s progress against its climate strategy and transition roadmap, including the ways we are supporting our customers with products, services and engagement. Read the full report.
This year’s report also highlights the need for a coordinated, reliable and affordable transition that maintains energy security, with the decarbonisation of Australia’s electricity grid remaining the priority step needed for Australia’s progress toward net zero by 2050.
Search ‘Sustainability’ on CBA Newsroom for the latest news and announcements.
