Campaigns

Banks

The big banks are funding a huge problem

Despite the urgent need to stop global warming, and the havoc being wreaked on our land, water, air, health and communities, Australia’s big four banks continue to play a critical role in supporting the dirty fossil industry.

As a community, we have the power to change the big banks. But we need you to join our campaign, ensuring your money is used as a force for good.

You can join the movement – put your bank on notice, telling it that if it continues to choose fossil fuels, you’ll choose another bank.

Share

Take action

Tell your bank that if it continues to choose fossil fuels, you’ll choose another bank.

Learn how the big four banks are using your money to

fund fossil fuels

Compare banks

Compare the fossil fuel investment positions of over 106 banks, credit unions & mutuals

Banking climate failure

How Australia’s big four banks are still funding new fossil fuels

ANZ

Australia’s climate laggard

ANZ is Australia’s biggest funder of dirty fossil fuels, providing a total of $18.6 billion to the coal, oil and gas industries in the seven years since the Paris Agreement was signed.

CommBank

Still backing fossil fuel expansion

Commonwealth Bank is Australia’s second biggest funder of dirty fossil fuels, providing a total of $15.8 billion to the coal, oil and gas industries since the Paris Agreement was signed. But unlike the other big four Australian banks, the trend is heading in the right direction for CommBank.

NAB

Australia’s most regressive bank on climate

NAB is Australia’s most regressive bank when it comes to funding fossil fuels, having provided a total of $4.5 billion in 2021 and 2022. This almost matched Australia’s biggest fossil fuel lender ANZ’s $4.6 billion.

Westpac

Backing Australia’s worst climate wreckers

Westpac has provided a total of $9 billion to the coal, oil and gas industries in the seven years since the Paris Agreement was signed. Westpac has shown no sign of letting up on its climate-wrecking lending spree either.

Japanese megabanks

The Japanese megabanks MUFG, SMBC Group and Mizuho are among the world’s top financiers supporting the fossil fuel industry.

2023 AGM Season

ANZ, NAB and Westpac continue to undermine their commitments to the Paris Agreement by financing companies that are expanding the fossil fuel industry.

Did you know?

From 2016 to 2022

the Big Banks loaned

$57.5 Billion

to dirty fossil fuels.

Campaign news

29 February, 2024
TotalEnergies’ bankers deliver major blow to Papua LNG carbon bomb
7 February, 2024
Will the funders of Santos’ Barossa project live up to their human rights commitments?
16 November, 2023
Big four banks make strides, but action still dangerously slow in a climate emergency
10 November, 2023
NAB commits to future fossil finance restrictions, business as usual for next two years

Join us

Subscribe for email updates: be part of the movement taking action to protect our climate.

Name(Required)