Commonwealth Bank

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Commonwealth Bank Sustainability Profile

Sustainability Summary

  • Good On You - Not found
  • Ethical Consumer - Locked
  • B Corp - Not found
  • Trustpilot - 1.9/5 (407 reviews)
  • This is an unclaimed profile. Commonwealth Bank has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
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Lend, invest, procure and manage responsibly and sustainably

Commonwealth Bank says sustainability is part of its strategy, with a focus on climate, social issues, reporting, and customer support. It says it wants to help Australia move toward a more resilient and sustainable future, and it links this to banking products, policies, and stakeholder engagement. The bank highlights work on financial inclusion, accessibility, supplier diversity, Indigenous rights and reconciliation, and cyber security, scams, and fraud. It also says it offers sustainable finance and tools that help customers understand their carbon footprint and invest in lower-impact options. Independent sentiment in the material is mixed: the bank has some clear sustainability disclosures, but customer review data is poor. Positive Sentiment Found The positive third-party signal in the material is limited, but there are some signs that CommBank is seen as active in sustainability finance. SustainabilityTracker lists a Commonwealth Bank sustainability profile and says the bank is committed to limiting climate change in line with the Paris Agreement and supporting the transition to net zero emissions by 2050. The Commons Earth content also shows that its app community values sustainability-focused brand ratings and lower-impact spending, which suggests there is broader consumer interest in tools that help people compare brands on sustainability. However, the material does not include strong independent praise of CommBank’s own sustainability performance, and there are no third-party certification scores for the bank in the provided content. Common Criticisms: The clearest third-party sentiment in the material is negative customer feedback. Trustpilot shows Commonwealth Bank at 1.9 out of 5 from 407 reviews, which points to widespread dissatisfaction among reviewers. The review snippet mentions poor customer service, long waits, and bad phone support, which can matter for ESG because service quality and fair treatment are part of responsible banking. The material does not show independent criticism of the bank’s climate claims or sustainability reporting, but it also does not provide strong external validation of those claims. In other words, the bank has public sustainability disclosures, yet the independent evidence here is thin, while consumer review sentiment is clearly weak.

About Commonwealth Bank

  • Status
  • Unverified
  • Industry
  • Banking

Commonwealth Bank Sustainability Actions

Published sustainability reporting

Commonwealth Bank says it publishes sustainability reporting and metrics, including material on climate disclosures, modern slavery, reconciliation, governance, and reporting frameworks such as GRI and SASB. GRI and SASB are reporting standards that help companies explain environmental, social, and governance issues in a more structured way. The bank also points readers to its 2026 Annual Report for more detail on sustainability topics and progress. This shows it has formal reporting in place, not just general claims.

Built a sustainability team

CommBank said it expanded its ESG and sustainability expertise by creating a dedicated Sustainable Finance and ESG team. ESG means environmental, social, and governance issues. The team’s job is to help staff understand client needs, support transition planning, and build products such as green bonds and sustainability-linked loans. The bank also said the team educates frontline bankers so they can better support customers on sustainability-related finance decisions.

Launched sustainability solutions

The bank says it offers sustainability solutions for individuals, small businesses, agribusiness, larger businesses, and institutions. These include home energy upgrades, loans for eligible electric and plug-in hybrid vehicles, green vehicle and equipment finance, green buildings tools, carbon markets support, and sustainable finance. It says these products are meant to help customers reduce emissions, improve energy use, and fund projects linked to lower environmental impact.

Supported climate reporting

CommBank has published material on mandatory climate reporting and says it is helping customers prepare for new disclosure rules. Climate reporting means companies explain how climate change affects their business and what risks and emissions they face. The bank also shares guidance on sustainability-linked loans, carbon markets, and climate-related financial reporting. This suggests it is trying to position itself as a finance provider for businesses that need to adapt to new climate rules.

Worked on carbon market deals

The bank says it has supported carbon market activity, including a carbon offset trade for ISPT and a strategic relationship with Xpansiv to help grow Australia’s voluntary carbon market. A carbon offset is a credit used to balance out emissions, usually by funding a project that reduces or removes greenhouse gases. CommBank also says it has partnered with the Aboriginal Carbon Foundation and has worked on transactions linked to carbon neutrality and carbon positive goals.

Commonwealth Bank Sustainability Commitments

2050

Net zero emissions economy

CommBank says it is committed to playing a leadership role in Australia’s transition to a net zero emissions economy by 2050. Net zero means cutting emissions as much as possible and balancing the rest with removals. The bank says it sets targets and tracks progress as part of its climate strategy.

2026

Ongoing sustainability reporting

The bank says more information on its sustainability approach and progress is available in its 2026 Annual Report. It also says it will continue to evolve its reporting in line with global best practice and stakeholder feedback. This points to a continuing commitment to improve disclosure and reporting quality.


About Commonwealth Bank

  • Status
  • Unverified
  • Industry
  • Banking

Sustainable Development Goals

Commonwealth Bank is committed to advancing these Global Goals to promote prosperity for people & planet.

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Commonwealth Bank Sustainability News

COMMONWEALTH BANK IS AUSTRALIA'S MOST SUSTAINABLE COMPANY ON THE GLOBAL 100 INDEX FOR THIRD YEAR RUNNING

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CBA finances NSW Solar Farm to help power 240,000 Homes

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This information references https://www.commbank.com.au/about-us/opportunity-initiatives/opportunity-from-good-business-practice.html?ei=Opp_GoodBP and was sourced on 17/03/2021. Is this your business? Suggest an edit

Frequently Asked Questions

Has Commonwealth Bank published a sustainability report?

Confidence: High. As of September 2026, Commonwealth Bank has published sustainability reporting and metrics, and it points readers to its 2026 Annual Report for more detail. It also lists climate disclosures, a modern slavery statement, a reconciliation action plan, governance statements, and reporting frameworks such as GRI and SASB. GRI and SASB are reporting standards that help companies explain environmental and social issues in a structured way. Consumers can review the bank’s reporting pages for the latest public disclosures.. Sources: CommBank reporting, CommBank sustainability, SustainabilityTracker - https://www.commbank.com.au/about-us/opportunity-initiatives/performance-reporting.html, https://www.commbank.com.au/sustainability.html, https://www.sustainabilitytracker.com/brand/commonwealth-bank/

What is Commonwealth Bank's sustainability rating?

Confidence: Low. As of September 2026, Commonwealth Bank does not have a clear third-party sustainability score shown in the provided material. SustainabilityTracker has a profile for the bank, but no published rating is shown here. Trustpilot is available, but it measures customer service, not sustainability, and shows 1.9 out of 5 from 407 reviews. That is useful for reputation, but it is not a sustainability rating. Consumers who want a formal ESG score should check independent rating sites directly.. Sources: SustainabilityTracker, Trustpilot - https://www.sustainabilitytracker.com/brand/commonwealth-bank/, https://www.trustpilot.com/review/commbank.com.au

What sustainability certifications does Commonwealth Bank have?

Confidence: Low. As of September 2026, no sustainability certification for Commonwealth Bank is clearly shown in the provided material. The bank does publish sustainability reporting and climate disclosures, but that is not the same as a certification. A certification is an outside check that a company meets set standards, such as B Corp or ISO 14001. If a consumer wants to know whether the bank has any formal ESG certification, it would need to be confirmed through an independent certification body or the bank’s latest disclosures.. Sources: CommBank reporting, CommBank sustainability - https://www.commbank.com.au/about-us/opportunity-initiatives/performance-reporting.html, https://www.commbank.com.au/sustainability.html

What is Commonwealth Bank doing about climate and carbon emissions?

Confidence: High. As of September 2026, Commonwealth Bank says it is supporting Australia’s move to a net zero emissions economy by 2050. It offers sustainable finance, carbon markets support, and products linked to lower-emission choices such as home energy upgrades and electric vehicle finance. It also says it works with clients on climate reporting and transition plans. Net zero means cutting emissions as much as possible and balancing the rest with removals. The bank’s public material shows a strong focus on climate-related finance, not just internal operations.. Sources: Sustainability solutions, Sustainable finance, CommBank sustainability - https://www.commbank.com.au/sustainability/sustainability-solutions.html, https://www.commbank.com.au/business/latest/sustainable-finance.html, https://www.commbank.com.au/sustainability.html

Is Commonwealth Bank ethical in how it treats customers and workers?

Confidence: Moderate. As of September 2026, the public material shows some ethics-related policies and programs, but it does not give a full independent assessment of labour or supply chain practices. The bank says it works on accessibility, customer advocacy, supplier diversity, Indigenous rights and reconciliation, inclusion and diversity, and financial inclusion. It also publishes a modern slavery statement, which is a report on how a company tries to stop forced labour in its supply chain. However, the independent review data in the material is mostly about customer service, and that feedback is poor. Consumers may want to read the bank’s modern slavery and reporting pages for more detail.. Sources: CommBank sustainability, CommBank reporting, Trustpilot - https://www.commbank.com.au/sustainability.html, https://www.commbank.com.au/about-us/opportunity-initiatives/performance-reporting.html, https://www.trustpilot.com/review/commbank.com.au

What sustainability products or services does Commonwealth Bank offer?

Confidence: High. As of September 2026, Commonwealth Bank says it offers a wide range of sustainability-related finance products. These include home energy loans, loans for eligible electric and plug-in hybrid vehicles, green vehicle and equipment finance, green buildings tools, sustainable finance, and carbon markets support. It also says it helps businesses and institutions with sustainability-linked loans and other finance structures. In simple terms, the bank is using lending and banking products to support energy upgrades, lower-emission transport, and climate-related business changes.. Sources: Sustainability solutions, Sustainable finance - https://www.commbank.com.au/sustainability/sustainability-solutions.html, https://www.commbank.com.au/business/latest/sustainable-finance.html

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