Published 09-01-20
Issued by Commonwealth Bank of Australia
The newly-released report details CBA’s sustainability progress and performance for the financial year, and continues its reporting in line with the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (‘TCFD’).
The Commonwealth Bank of Australia (‘CBA’) has released its 2020 Annual Report, including updates on its sustainability performance and approach to climate change.
The newly-released report details CBA’s sustainability progress and performance for the financial year, and continues its reporting in line with the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (‘TCFD’).
“We have been determined to support our stakeholders through the bushfires, drought and now COVID-19 pandemic crisis”, Euan Robertson, General Manager, Government, Industry and Sustainability, Commonwealth Bank, explains.
“We continue to progress our strategy to become a simpler, better bank, and to deliver against key environmental and social commitments – whether through our support for customers, response to climate change, our diversity and inclusion strategy or our Reconciliation Action Plan”.
While there is more work to be done, highlights for the reporting period include:
To read the 2020 Annual Report, visit: www.commbank.com.au/about-us/investors/annual-reports
About Commonwealth Bank of Australia
Commonwealth Bank of Australia is one of the largest listed companies on the Australian Securities Exchange and the most recognised brand in the Australian financial services industry. The Group provides retail, private, business and institutional banking services to more than 17 million customers with a presence in Australia, New Zealand, Asia, North America and Europe.
Media contact
Commonwealth Bank Media: media@cba.com.au
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