Climate and sustainability news
Electric vehicles now more affordable for Aussie essential workers
CommBank offers its lowest advertised car loan interest rate for new and used electric and hybrid vehicles to help essential workers and those earn...
19 December 2024
CommBank helps customers plug into home energy savings
One third of Australian homeowners want to install battery solutions but are deterred by the upfront cost. CommBank offers customers $1,300 off Tes...
18 November 2024
Young Aussies helping drive hybrid and EV adoption
CommBank loans for these types of vehicles have soared 117 per cent for drivers under 35.
25 October 2024
Newcastle Airport lands sustainability funding
CommBank supports growing gateway to the Hunter with $235m Green Sustainability-Linked Loan.
11 October 2024
Chrysos Corporation sets gold standard in Australian innovation
CommBank supports environmentally-friendly assaying technology with $95m Green Loan.
9 September 2024
CBA and Farming for the Future bolster the benefits of natural capital
Commonwealth Bank provides funding for research to enhance the resilience and profitability of livestock farming in Australia.
31 July 2024
CommBank launches car buying service via the CommBank app
CommBank is streamlining the car buying process to help personal and business customers understand their potential repayments, source a deal, and e...
4 July 2024
Supporting the transition of Australia’s transport sector
CBA has led a $190m refinance for Team Global Express with key institutional investors, accelerating the firm’s fleet replacement program and susta...
6 June 2024
CBA enhances small business Sustainability Tool with Aussie-owned businesses
CBA is working with BioPak and EnergyFlex to help more small businesses achieve their sustainability goals.
17 May 2024
CBA enters new strategic partnership to support the future of Australian farming
Commonwealth Bank deepens relationship with leading emissions ag tech platform, Ruminati, to support producers as they adapt their farming business...
6 May 2024
Climate change requires behavioural change – nudging for better, more sustainable choices
CommBank’s Behavioural Science Centre of Excellence and its partner, Harvard Sustainability Transparency Accountability Research (STAR) Lab, have s...
27 March 2024
Collaboration the way to achieving energy superpower status
Australia could be the energy superpower in a net-zero world, but financing the transition will require capital coordination, and the key to achiev...
15 March 2024
CommBank data shows electric vehicle adoption up 37 per cent in the last six months
CommBank launches electric vehicle cost comparison calculator as its EV car loan customer base grows significantly.
14 March 2024
‘Face into the storm’ to tackle climate change, urges Erin Brockovich
With “stick-to-it-iveness" always front of mind, the world-renowned environmental advocate continued to advocate for change at Commonwealth Bank’s ...
13 March 2024
Optimism, electrification and AI: Top takeaways from Momentum, CommBank’s sustainability conference
Sharing ideas and solutions that can help power the nation’s transition to a more sustainable and vibrant future.
13 March 2024
At CommBank’s sustainability conference, CEOs share how they’re leading the way to net zero
The leaders of three Australian companies opened Momentum – CommBank’s sustainability conference – by discussing the challenges and opportunities o...
12 March 2024
CBA launches Business Green Loan
Supporting Australian businesses to transition to a more sustainable economy.
12 March 2024
Australia's transition to net zero gathers Momentum at CBA's third sustainability conference
CBA’s third sustainability conference, Momentum: Accelerating Australia’s Transition, brings together business, political and science leaders to sh...
7 March 2024
CBA helps farmers to measure emissions and model abatement options
CBA and leading emissions platform Ruminati have announced a pilot that allows CommBank's agri customers to baseline and model different options to...
15 February 2024
GoZero Group kickstarts GreenSchools1000 initiative with $80m CBA facility
GoZero is leading the transition to electric buses servicing schools, with plans for rapid expansion of its electric bus charter services in 2024.
8 February 2024
New CSIRO research on pathways to net-zero emissions in Australia
Funded by CommBank, new scientific research to help inform the transition to a net zero economy.
1 December 2023
Research shows 7 in 10 Australians believe energy efficiency a way to increase property value
New research indicates majority of homeowners plan to install clean energy products.
6 November 2023
CommBank offers interest-free finance for solar and battery systems
Solar and battery provider UPowr first to offer CommBank’s new product InstalPay
31 October 2023
Climate tech poised for boom as Aussie businesses take action
Three out of five Aussie businesses already taking sustainability action, with climate tech set play a critical role.
16 October 2023
Hallett aims to decarbonise cement, with sustainable finance support from CBA
Hallett is the largest supplier of building and construction materials in South Australia and its $51 million Green Loan, supported by CBA, will ad...
25 September 2023
Updated Environmental and Social Framework
Environmental and social issues are evolving rapidly as science, community expectations and stakeholder perspectives continue to change. Our Group ...
9 August 2023
CommBank’s new Green Buildings Tool to help commercial building owners advance sustainability efforts
CommBank is the first Australian bank to offer an interactive digital tool to help commercial property customers identify building sustainability i...
31 July 2023
CBA supports innovation in soil carbon sequestration
CBA prepays for carbon credits in strategic alliance with RLF AgTech.
27 July 2023
Macquarie University’s sustainability-linked loan to benefit disadvantaged students, with CBA support
Margin adjustments from the University’s inaugural sustainability-linked loan will be reinvested in scholarships for disadvantaged students.
19 July 2023
CBA invests in global climate specialist Wollemi Capital
The bank joins Wollemi's Series A capital raising as major strategic investor.
10 July 2023
CBA supports Downer’s Queensland Train Manufacturing Program with its first Green Bank Guarantee Facility
Downer taps into CBA’s sustainable finance expertise to enable the delivery of a critical infrastructure asset that will support the future low-car...
30 June 2023
CBA partners with Greening Australia to expand native seed production for land restoration & carbon sequestration projects
Investment in Nindethana, Greening Australia’s native seed supply subsidiary, will support Australia’s ambition to be a global provider of carbon a...
30 May 2023
CBA supports Macka’s Pastoral in achieving its carbon neutrality goals
CBA has a long relationship proudly supporting NSW family beef producer Macka’s Pastoral, as they take landmark strides towards sustainability.
29 May 2023
CBA launches small business Sustainability Action Tool
CBA is the first Australian bank to offer a sustainability action tool to help small business customers improve environmental outcomes while enhanc...
22 May 2023
CBA expands green financing to enhance energy efficiency and sustainability
Commonwealth Bank is expanding its green financing offering for customers
20 April 2023
CBA launches green vehicle and equipment finance
Discounted asset financing to support the sustainability goals of businesses through investment in green vehicles, equipment and machinery.
17 April 2023
Morrison & Co continues sustainable finance journey with CBA support
Morrison & Co returns to sustainable finance market to finance four New Zealand Schools
5 April 2023
Agri Green Loan enquiries on the up
CBA’s agri sustainable finance solution is giving farmers more opportunities to advance their environmental improvement goals while enhancing farm ...
24 March 2023
CBA and Clean Energy Finance Corporation work together to help home buyers
As part of its Green Home Offer, Commonwealth Bank is working with the Clean Energy Finance Corporation to provide savings to eligible home owners.
6 March 2023
Investing in innovation and sustainability is key for family-run South Australian business SA Mushrooms
Agrifood innovation is driving success for family-run South Australian business SA Mushrooms.
21 February 2023
Encouraging sustainable agriculture through trade finance with Viterra
CBA supports Viterra to expand and renew its Sustainability-Linked inventory financing.
17 February 2023
How we helped one women’s shelter become more sustainable
Commonwealth Bank partnered with Sydney Solar and Batteries and AWISE to help fund the installation of solar and battery at a Sydney women’s shelter.
30 November 2022
Financing one of Australia’s largest wind farms
TagEnergy will soon begin construction of Victoria’s largest wind farm, with financing support from CBA.
30 November 2022
Agribusinesses break new ground in sustainability on National Ag Day
Agribusinesses break new ground in sustainability on National Ag Day
18 November 2022
CBA prepays for carbon credits in a landmark deal for Australia’s agri sector
CBA prepays for carbon credits in a landmark deal for Australia’s agri sector
18 November 2022
CBA builds new Commodities, Trade and Carbon business with senior appointments
CTC focused on developing specialised services for clients including carbon markets infrastructure and abatement opportunities.
1 November 2022
10 takeaways from Momentum: Accelerating Australia’s Transition
CBA Newsroom shares the top insights from CommBank’s second sustainability conference.
31 October 2022
CBA brings together business and science leaders to advance Australia’s low carbon transition
The bank’s second sustainability conference spotlights how major Australian businesses and investment groups are navigating the path to a net zero ...
31 October 2022
Rock star scientist on the meaning of life on Earth, the universe and everything
We may only be a tiny speck in space but all of humanity has a duty to protect civilisation on our planet, particle physics professor and TV presen...
31 October 2022
CBA and Thread Together team up to support flood-affected communities
Commonwealth Bank is partnering with Thread Together to bring emergency clothing hubs and mobile wardrobes to communities affected by the recent ea...
27 October 2022
CBA hosts sustainability conference to help advance Australia’s transition
The event, Momentum: Accelerating Australia’s Transition, brings together business and science leaders to share insights and ideas to support the m...
27 October 2022
New estimates for commercial production of methane-reducing seaweed for livestock
Commercial production of methane-reducing seaweed could help livestock farmers reduce carbon emissions while boosting productivity, new research by...
30 September 2022
Supporting Aurecon to achieve greater sustainability
CBA plays leading role in Aurecon’s entrance to sustainable finance market.
14 September 2022
Australia’s first sustainability-linked loan for the manufacturing sector
Pact Group’s SLL, arranged by CBA, aims to foster growth of Australia’s circular economy by incentivising recycling, emissions reduction, and gende...
12 September 2022
New funding structure targets biodiversity protection at Cairns Airport in partnership with Dawul Wuru Aboriginal Corporation
Biodiversity target focused on species conservation believed to be a first for the Australian sustainable finance market.
6 September 2022
CommBank launches Agri Green Loan
Innovative Agri Green Loan launches nationally, supporting producers’ environmental and climate goals.
16 August 2022
Climate Active certification will drive increased use of ACCUs by Australian businesses
CBA report expects Climate Active certifications will increase significantly as more companies implement net zero carbon emissions targets
15 August 2022
CBA customers take steps to reduce carbon footprint
CBA’s retail customers are taking advantage of the bank’s Green Home offer and an emissions tracking tool to limit their environmental impact, writ...
10 August 2022
CBA tracking well to meet its 2030 sustainability funding target
Over the past financial year, Commonwealth Bank has broken new ground in helping to support the transition ambitions of its customers, particularly...
10 August 2022
CommBank customers set to view their personalised carbon footprint
By early August, CommBank customers will be able to view their carbon footprint based on their personal spending data within the CommBank app.
26 July 2022
CBA launches international currency ESG Term Deposits as inflows top A$1.5 billion
Focus on sustainable finance product innovation also sees CommBank launch its first sustainability-linked derivative with client Treasury Wine Esta...
18 July 2022
CBA economists predict stronger, better climate disclosure from Australian companies will drive more sustainability initiatives
Global demand for increased transparency on climate issues and improved emissions accounting methods will open the door to supply-chain collaborati...
12 May 2022
CBA Quick Take: A new frontier in sustainable finance
What does the Reliance Rail GSLL mean for Australia’s sustainable finance market?
12 April 2022
CBA supports KKR’s investment in Ritchies Transport
Enhanced capabilities sees CommBank active in Australasian private equity transactions.
8 April 2022
Recipient of the CBA John Monash Scholarship focussed on Australia’s transition
The 2022 CBA John Monash Scholarship recipient, Timothy Rownes, has shared how his scholarship will allow him to support Australia’s net zero carbo...
5 April 2022
CBA supports Endeavour Energy with landmark $920 Million Sustainability-Linked Loan
The NSW electricity distribution network is the first in Australia to access sustainability linked financing.
29 March 2022
CBA becomes first Australian bank to achieve International Sustainability and Carbon Certification
As the only Australian bank to trade physical grain in the domestic market, ISCC certification will help CBA support ISCC commodities such as wheat...
15 March 2022
CBA supports Reliance Rail with Green Sustainability-Linked Loan
The $1.8 billion dual-label loan denotes funding that supports Green assets, whilst linking funding costs to the achievement of sustainability perf...
1 March 2022
CBA supports Morrison & Co with first Sustainability Loan for school facilities in New Zealand
The five New Zealand schools deliver better environmental and social outcomes for their communities.
28 February 2022
CBA and Viterra partner on Australia’s first sustainability-linked, syndicated inventory financing
The transaction commits Viterra to ensure the sustainability of products it purchases in Australia, as well as imports.
16 February 2022
Commonwealth Bank signs up to the Net-Zero Banking Alliance
CBA has joined more than 100 global banks as part of the Net-Zero Banking Alliance, (NZBA) underpinning its commitment to support the responsible g...
9 February 2022
Majority of Aussies keen to live more sustainably
More than 70 per cent of Aussies wish to lead an environmentally friendly life, while 55 per cent acknowledge renewable energy sources are critical...
23 December 2021
IFM invests in newly launched CBA ESG Term Deposit
The innovative ESG-labelled investment product is an Australian-first and provides an additional source of funding to support Australia’s transition.
13 December 2021
CBA and Northern Trust execute first certified Green Repurchase Agreement
CBI certified agreement supports more sustainable future; diversifies green project funding.
13 December 2021
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.
8 December 2021
Creating sustainable outcomes for the environment and Indigenous communities
Commonwealth Bank has extended its partnership with the Aboriginal Carbon Foundation.
6 December 2021
CSIRO, CBA to boost sector resilience with new climate change insights
Australia’s national science agency, CSIRO, and CBA have launched a joint public-private sector initiative that will examine the potential impacts ...
1 November 2021
CBA launches inaugural sustainability conference, Financing Australia’s Transition
The virtual one-day event welcomed more than 1,300 registrants from the business, government and investor communities and focused on trends and dev...
28 October 2021
CBA provides first build-to-rent Green Loan in Australia
Indi Sydney City will be a 5 Star Green Star building that will be carbon neutral in operations.
27 October 2021
CBA backs Providence Asset Group’s portfolio of 10 community-based solar farms
The solar farms deliver renewable energy generation in regional Victoria.
21 October 2021
CBA enters partnership with Xpansiv to develop Australia’s voluntary carbon market
The two companies enter a Strategic Relationship Agreement focused on driving carbon market growth.
11 October 2021
ISPT becomes Australia’s largest sustainability-linked loan issuer with CBA support
Commonwealth Bank acted as joint sustainability coordinator and lender for ISPT’s second sustainability-linked loan to back its Retail Australia Pr...
21 September 2021
CBA supports Charter Hall with Australia’s first Green Development Loan
When completed, the commercial office development in Victoria will house Australia Post headquarters.
14 September 2021
CBA backs Walker Corporation’s ESG commitment with Green Loans
CBA acts as joint green loan coordinator for Walker’s commercial buildings in Sydney’s Parramatta Square and Melbourne’s Collins Square.
8 September 2021
Commercial Property Loans go green
CBA’s new zero fee Property Sustainability Upgrade Loan helps property owners reduce their environmental impact while saving on operating costs
2 September 2021
CBA supports new wind farm to advance QLD towards renewable energy goal
Dulacca Wind Farm, backed by a loan from CBA, will help QLD reach its goal of generating 50 per cent of its power from renewable sources by 2030.
2 September 2021
Australia’s first sustainability-linked loan with a RAP target
CBA supports NSW Land Registry Services to advance indigenous engagement as part of its inaugural sustainability-linked loan
23 August 2021
CommBank Green Loan available nationally
CommBank Green Loan is now available to all eligible home loan customers nationally.
26 July 2021
Australia’s first sustainability-linked loan for Agriculture
Leading Australian beef producer Stockyard partners with CBA to drive enhanced leadership in social outcomes under new funding agreement.
22 July 2021
CBA helps refinance Sydney Light Rail project with NSW’s first operational PPP Green Loan
CBA’s institutional bank has acted as green loan coordinator and mandated lead arranger for the almost $700 million transaction to support key NSW ...
7 July 2021
CBA partners with client trio to support Australia’s largest PET recycling plant
CBA’s institutional bank has structured a bespoke solution to finance the circular economy joint venture.
7 July 2021
CBA helps Lendlease issue its second green bond in five months
Our institutional bank continues to meet increasing demand for sustainable finance.
15 April 2021
CBA finances NSW Solar Farm to help power 240,000 Homes
Commonwealth Bank has announced its plans to provide funding to a utility scale solar farm under construction in the NSW town of Uralla.
15 February 2021
CommBank announces Green Loan
CommBank has announced a Green Loan that will help its customers purchase renewable technology.
15 February 2021
CBA supports Australian-first PPP Green Loan
Green finance to help Australia’s transport sector in the transition to a low carbon economy.
16 December 2020
Institutional investors increase demand for 'green' finance
Two green bonds issued this week highlights the growing demand for sustainable finance, according to Commonwealth Bank.
23 October 2020
