Sustainability Summary
- Good On You - Not found
- Ethical Consumer - Locked
- B Corp - Not found
- Trustpilot - No
- This is an unclaimed profile. National Australia Bank has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
What do our labels mean?
UNGC Participant
National Australia Bank (NAB) says its sustainability work focuses on climate action, housing affordability, and First Nations economic advancement. It publishes annual sustainability and climate reports, uses independent assurance on parts of that reporting, and says it manages environmental, social, and governance (ESG) risk across lending and operations. NAB also sets sector rules for higher-risk areas like coal, oil, gas, deforestation, and human rights issues. Outside its own reporting, third-party coverage in the material points to active sustainable finance activity and a public sustainability profile that notes climate action reporting. Overall, the picture is of a large bank with a fairly developed ESG framework, especially on climate and responsible lending, but most of the detail comes from NAB’s own disclosures. Positive Sentiment Found The public material shows mostly positive third-party signals around NAB’s sustainability work, especially in climate finance and reporting. SustainabilityTracker notes that NAB published its 2024 and 2025 Climate Reports, which suggests ongoing climate disclosure. ESG News reported in October 2025 that NAB had delivered more than A$2 billion in new green business lending and linked that growth to electric vehicles, sustainable agriculture, and energy-efficient property upgrades. The same report said NAB’s green finance for commercial real estate supports buildings with strong NABERS energy ratings and Green Star design ratings, and it highlighted collaboration with the Clean Energy Finance Corporation. NAB’s own reporting also says its annual sustainability suite is independently assured by Ernst & Young, which adds some credibility to the published data. Common Criticisms: The material does not show a strong third-party criticism record, but it does show some limits that matter for readers trying to judge NAB’s ESG performance. Most of the detailed sustainability information comes from NAB’s own website, so many claims are self-reported rather than independently assessed. The content also shows that NAB still finances fossil fuels, even if it has set limits and phase-down targets. For example, it says it will continue some gas finance in Australia for energy security reasons and will keep supporting existing LNG assets in some cases. That means the bank is not fully exiting oil and gas. The available material also does not include a Good On You or B Corp assessment, and there are no consumer review scores here, so public sentiment data is limited.
National Australia Bank Sustainability Actions
National Australia Bank Sustainability Commitments
2030
Reach $80bn environmental finance
NAB says it has an environmental finance ambition of $80 billion by 2030. This means it plans to channel that amount into projects and activities linked to environmental outcomes, such as cleaner energy and lower-emission assets. The bank says it had already made $17.7 billion of progress toward that goal since 2024.
2026
Cut thermal coal exposure
NAB says it aims to reduce thermal coal mining exposures by 50% by 2026. It also says it will not finance new thermal coal mining projects or new customers in that sector. This target is part of its wider climate-risk policy for lending.
2030
Phase down coal to near zero
NAB says it wants thermal coal mining exposure to fall to effectively zero by 2030, apart from residual performance guarantees linked to rehabilitation of existing assets. In plain terms, the bank is planning to almost fully exit direct thermal coal mining finance over time.
