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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.

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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.

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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.

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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.

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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.

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About Commonwealth Bank

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