Our 2023 Climate Report 

The Commonwealth Bank of Australia (CBA) remains committed to limiting climate change in line with the goals of the Paris Agreement and supporting Australia’s transition to a net zero economy by 2050. 

CBA’s inaugural Climate Report, released last year, outlined our 1.5-degree temperature ambition and roadmap for progressively setting sector-level targets on financed emissions. This year’s Climate Report is focused on reporting progress against this roadmap. Read the full report here.

“We support Australia’s transition to a net zero economy by 2050. In supporting this ambition, our actions need to align with our purpose – building a brighter future for all – and aim to be inclusive. We remain committed to managing the risks and opportunities of climate change, and supporting our customers,” said Paul O’Malley, Commonwealth Bank Chair, and Matt Comyn, CEO.

In our Climate Report, we transparently report on our progress against our strategy and commitments. 

Find out how some of our customers are identifying opportunities in Australia’s transition to net zero by 2050.

Source link:https://www.commbank.com.au/

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