Australian Banks Deforestation Engagement

1 member

This collaboration provides a platform for investors to engage with Australia's biggest banks on financed deforestation, led by Australian Ethical. The target banks include Commonwealth Bank, Westpac, NAB, and ANZ. 

Collaboration details

Australian Ethical Investment are seeking investors to join an engagement with Commonwealth Bank, NAB, ANZ, and Westpac on deforestation in Australia.

Australia is a global deforestation hotspot, driven largely by pasture expansion for beef cattle. Because of the role large Australian banks play in providing finance to agribusinesses engaging in deforestation, they have a unique point of leverage to influence customers, and responsibility in reducing livestock driven deforestation.

For more information, see ACF’s Corporate Engagement Guide: Addressing Deforestation in Australiahttps://shorturl.at/gGxeY

Created on
ESG theme
  • Environment
ESG sub-theme
  • Biodiversity / nature
Sector
  • Financials
Sustainable Development Goal
  • 15 - Life on land
Geography
  • Australia
Asset class
Listed Equities