Australia’s largest retail banks – often known as the big four – have been praised as leaders in corporate sustainability reporting. Despite receiving numerous sustainability awards, a closer examination of their operations reveals a different picture.
This report looks at the social, environmental and governance performance of the big four banks and how it contrasts with their lauded efforts. The report recommends ways in which banks can be moved to go beyond the symbolic gestures and more authentically integrate sustainability into their operations.
Discussion and Findings
How does bank self-regulation perform in terms of sustainability?
We look at whether the symbolic outcomes of self-regulation match behaviour on social and environmental issues. Are Australian banks meeting community expectations?
How does sustainable banking add up? Chapter 655.26 KB