COMMONWEALTH BANK OF AUSTRALIA | Climate Risk Safeguarding

Status
AGM passed
AGM date
Resolution details
Company ticker
CBA
Lead filer
Resolution ask
Report on or disclose
ESG theme
  • Environment
ESG sub-theme
  • Climate Change
Company sector
Financials
Company HQ country
Australia
Supporting materials
Resolved clause
Shareholders recognise the substantial transitional and physical risks of climate change and their
potential financial impacts on our company. We also note our company’s support for the Paris
climate change agreement and the goal of net-zero emissions by 2050. Shareholders therefore
request the company disclose, in subsequent annual reporting, information demonstrating how
the company’s financing1 will not be used for the purposes of new or expanded fossil fuel
projects.