The Commonwealth Bank of Australia (‘CBA’) has released its 2019 annual report and announced a new Environmental & Social Framework which includes a commitment to exit thermal coal by 2030. The newly-released report details CBA’s sustainability progress and performance for the financial year, and marks the second year of reporting in line with the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (‘TCFDs’). “Improving the financial wellbeing of our customers and the communities we serve is at the heart of our purpose. When we act in…
Read MoreCommonwealth Bank of Australia Releases 2019 Sustainability Reporting and Announces New Environmental & Social Framework
