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.
Stakeholder engagement has the potential to improve sustainability outcomes. We look at how banks engage and to what extent this has an impact on their operations. This chapter looks at their management and gender profile of bank staff as well as their engagement with the wider community.
How do the banks report on this activity and what is their approach to stakeholder engagement?
How does sustainable banking add up? Chapter 4106.26 KB