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Commonwealth Bank Releases Sustainability Report 2015

Commonwealth Bank Releases Sustainability Report 2015

Published 08-19-15

Issued by Commonwealth Bank of Australia

Summary

The Sustainability Report 2015 highlights the Group's progress and performance over the last financial year.

Report Highlights

This week the Commonwealth Bank Group released its online Sustainability Report 2015.

As a major financial institution, the Commonwealth Bank of Australia plays an important role in enabling economic and social development, supporting jobs, growth, innovation and opportunities for people, business and communities.  

The Group’s vision is to excel at securing and enhancing the financial wellbeing of people, businesses and communities.

The Sustainability Report 2015 highlights the Group’s progress and performance over the last financial year and details the Group’s 2016-2018 Corporate Responsibility Strategy which has two pillars: The Way We do Business and Our Role in Society.

Highlights for the financial year 2015 include:

-    Voluntary community contributions totalling more than $243 million in the form of cash, time, foregone revenue and program implementation costs;
-    Developed and published nine Environmental, Social and Governance (ESG) Lending Commitments;
-    Indigenous customers in remote communities supported more than 100,000 times through the Indigenous Customer Assistance Line;
-    Exceeded target to improve the financial literacy of one million kids by 2015 with more than 1.2 million students booked to participate in a Start Smart workshop through their school as at June 2015;
-    $50 million committed to financial education over three years from 2015;  
-    Named the industry mover on the Dow Jones Sustainability World Index (DJSI); and
-    Highest ranking Australian bank listed on The CDP Climate Performance Leadership Index with an overall disclosure score of 100/100 and an ‘A band’ for climate performance

The Commonwealth Bank is Australia's leading provider of integrated financial services including retail banking, premium banking, business banking, institutional banking, funds management, superannuation, insurance, investment and share broking products and services. The Group is one of the largest listed companies on the Australian Securities Exchange and is included in the Morgan Stanley Capital Global Index.

The Commonwealth Bank brand is the most recognised brand in the Australian financial services industry. Other award-winning brands within the Group include our wealth management business Colonial First State, our online broking service CommSec and Bankwest.

To view the Commonwealth Bank Group’s Sustainability Report 2015, visit www.commbank.com.au/sustainability2015

For questions about the Commonwealth Bank Sustainability Report 2015, email sustainability@cba.com.au

Media contact:
Commonwealth Bank Media
02 9118 6919
media@cba.com.au

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Commonwealth Bank of Australia

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