Fossil fuels – where does your bank stand?

We’ve created the table below to help you find out which banks do and don’t have a record of funding fossil fuels. Use it to compare the fossil fuel investment positions of over 115 banks, credit unions and building societies.

Each institution is sorted into categories clearly defining those that fund fossil fuels and those with no recent record of funding the industry. Importantly, you can take action and contact every single bank, credit union and building society listed.

To find out more about how this bank comparison table and our research was compiled read this background. Our how to switch banks page also provides handy step-by-step materials to help you switch banks.

Note: the data in this table covers the timeframe 1 Jan 2016 – 31 Dec 2020.

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From 2016 - 2020 the big banks loaned $44.4 billion to dirty fossil fuels.
NameAmount loaned 2016 - 2020PositionTake Action
Banks funding fossil fuels
AMP $530mloaned to fossil fuels since 2016. AMP (via AMP Capital Investors) also holds more than $1 billion of shares in numerous coal, oil and gas companies, including Whitehaven Coal, Woodside Petroleum and ExxonMobil (shareholdings current as of latest filing date reported by financial data provider Refinitiv Eikon in June 2020).Tell them to stop
ANZ$13,978mloaned to fossil fuels globally since 2016Put them on notice
Tell them to stop
Bank of China$5,258mloaned to fossil fuels in Australia since 2016Tell them to stop
Bank of Queensland$16.4mlending exposure to companies directly involved in the extraction of fossil fuels (as of 31 August 2020). However BOQ has committed to not provide such finance moving forward and says it will reduce the $16.4m of fossil fuel finance arrangements to zero by the end of 2024. It also clarified that: "BOQ has no exposure to coal-fired power generators and has no appetite for lending to this sector."Put them on notice
Tell them to stop
Citi$1,439mloaned to fossil fuels since 2016Tell them to stop
Commonwealth Bank$14,202mloaned to fossil fuels globally since 2016Put them on notice
Tell them to stop
HSBC$1,375mloaned to fossil fuels in Australia since 2016Tell them to stop
ING$722mloaned to fossil fuels in Australia since 2016Tell them to stop
Macquarie$5,026mloaned to fossil fuels globally since 2016. Macquarie (via Macquarie Investment Management and other subsidiaries) also holds more than $2.5 billion of shares in numerous coal, oil and gas companies, including Peabody Energy Corp, BP, Chevron and Shell (shareholdings current as of latest filing date reported by financial data provider Refinitiv Eikon in June 2020).Tell them to stop
National Australia Bank$9,547mLoaned to fossil fuels globally since 2016Put them on notice
Tell them to stop
Westpac$6,689mloaned to fossil fuels globally since 2016Put them on notice
Tell them to stop
Banks owned by those funding fossil fuels
86 400N/AOn 3 Feb 2020 (prior to the acquisition of 86 400 by NAB), 86 400 provided the following statement: "We’re committed to operating a sustainable and socially responsible business. You’ll be pleased to hear that we don’t invest in or lend money to companies in the fossil fuels industry, for example." As of 19 May 2021, 86 400 is owned by NAB which is invested in fossil fuels.Tell owners to stop
Bank of MelbourneN/AOwned by Westpac which lends to fossil fuelsTell owners to stop
BankSAN/AOwned by Westpac which lends to fossil fuelsTell owners to stop
BankwestN/AOwned by Commonwealth Bank which lends to fossil fuelsTell owners to stop
ME BankN/AOn 1 Nov 2018 (prior to the acquisition of ME Bank by Bank of Queensland), ME Bank provided the following statement: "ME does not have any investments in the mining industry, including the coal and gas export industries, and does not intend to invest in these industries in future." As of 1 July 2021, ME Bank is owned by Bank of Queensland which is invested in fossil fuels.Tell owners to stop
RAMSN/AOwned by Westpac which lends to fossil fuelsTell owners to stop
St GeorgeN/AOwned by Westpac which lends to fossil fuelsTell owners to stop
UBankN/AOwned by National Australia Bank which lends to fossil fuelsTell owners to stop
NameAmount InvestedPositionTake Action
Banks with no record of funding fossil fuels and position statement provided
Adelaide Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
Australian Military Bank$0Australian Military Bank "primarily provides retail banking services to its members and does not undertake commercial lending."Thank them
Send enquiry
Australian Mutual Bank$0"Australian Mutual Bank does not have any direct investments in the fossil fuel industry. Nor are there direct investments in gambling, armaments, persistent chemicals, or animal testing. Australian Mutual Bank’s banking services are directed to improving the economic and social well-being of members as opposed to corporate speculative gain."Thank them
Send enquiry
Auswide Bank$0"Auswide Bank does not finance companies engaged principally in the exploration, mining, manufacture or export of thermal coal or coal seam gas. Nor do we intentionally invest directly in companies specialising in these areas. We are always committed to the protection of our environment in both our banking and operating practices and endeavour at all times to be a responsible corporate citizen."Thank them
Send enquiry
AWA Alliance Bank$0"AWA's mission is to significantly contribute to an improved and sustainable future for our members and their communities, as such, our lending and investment portfolio precludes any involvement in the fossil fuel industry."Thank them
Send enquiry
bcu$0"bcu primarily lends for residential and investment housing/property/land/personal loans and credit cards. bcu’s business lending excludes large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production, or use."Thank them
Send enquiry
Bank Australia$0"Bank Australia has not made and will not make any loans to the fossil fuel industry, including coal and coal seam gas. Bank Australia is also conscious of the impact of its own operations and has been carbon neutral since 2011."Thank them
Send enquiry
Bank First$0"Bank First does not directly invest in listed or unlisted shares. It also does not invest in fossil fuels and has no plans to do so."Thank them
Send enquiry
Bank of us (formerly B&E)$0"As a customer owned bank, Bank of us operates by the values that are important to our community. We can confirm that we have no loans or investments in coal or mining industries"Thank them
BankVic$0"BankVic lends only to members for personal purposes. We do not lend to businesses nor invest in the fossil fuel industry."Thank them
Send enquiry
BDCU Alliance Bank$0"We make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services and reviewing how we go about our business. We do not currently lend to projects in the coal and coal seam gas sectors and given our commitment to reducing our environmental footprint, it makes sense to continue this approach throughout our business including the investments we make’’Thank them
Send enquiry
Bendigo Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
Beyond Bank$0"Beyond Bank Australia does not have any investments with fossil-fuel associated companies. We're a community focused bank and we work closely with community groups to create good together through health, education and the environment."Thank them
Send enquiry
Coastline Credit Union$0"Coastline is a community banking organisation which supports local social programs for the benefit of the Macleay, Hastings and Manning regions in the Mid North Coast of NSW. Coastline does not provide finance to or invest in large corporate entities or companies who undertake exploration, extraction or manufacturing of fossil fuel products."Thank them
Send enquiry
Community First Credit Union$0"Community First has no investments in the fossil fuel industry. Our size relative to other financial institutions in Australia means that we rarely if ever hold any outside investments in wholesale markets."Thank them
Send enquiry
Credit Union SA$0"Credit Union SA's principle activities are the provision of retail financial services including accepting member deposits and advancing loans to members. The Credit Union primarily invests funds received from members deposits in retail loans to members. The remaining funds are primarily held in cash and liquid investments with other financial institutions to meet minimum liquidity compliance requirements under the Australian Prudential Regulatory Authority (APRA). No funds are directly invested by the Credit Union in the fossil fuel industry. "Thank them
Send enquiry
Defence Bank$0"We can confirm that Defence Bank do not and will not provide loans to fund new coal or gas mining, transport or export projects that enter the boundary of the Great Barrier Reef World Heritage Area."Thank them
Send enquiry
Delphi Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
Endeavour Mutual Bank$0"Endeavour Mutual Bank does not have any direct investments in the fossil fuel industry. Nor are there direct investments in gambling, armaments, persistent chemicals, or animal testing. Australian Mutual Bank’s banking services are directed to improving the economic and social well-being of members as opposed to corporate speculative gain."Thank them
Send enquiry
Firefighters Mutual Bank (formerly Fire Board (NSW) Employees Credit Union & Fire Brigades Employees' Credit Union)$0"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
Send enquiry
First Choice Credit Union$0"First Choice Credit Union does not invest in the fossil fuel industry."Thank them
Send enquiry
G&C Mutual Bank$0"1) We have no direct investments in any large scale polluting activity or company. 2) We do not use members fund to finance large greenhouse gas production. 3) We do not use members deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use."Thank them
Send enquiry
Gateway Bank$0Gateway Bank "does not have any direct investment in fossil fuel industries, nor does it intend on investing in any fossil fuels industries in the future."Thank them
Send enquiry
Goulburn Murray Credit Union$0"GMCU does not lend to or invest in the fossil fuel (coal, gas and oil) industry."Thank them
Greater Bank$0"The Greater does not invest or lend to companies directly involved in the fossil fuel industry."Thank them
Send enquiry
Great Southern Bank (formerly CUA)$0"CUA does not directly finance the coal and gas sector and we do not lend directly to companies within those sectors. As Australia's largest credit union, CUA's business is the provision of personal banking products and services and our business banking customers are typically within the SME sector."Thank them
Send enquiry
Health Professionals Bank$0"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
Send enquiry
Heritage Bank$0"Heritage Bank does not invest with companies involved in coal and gas production."Thank them
Send enquiry
Horizon Bank$0"Horizon Bank is a responsible and influential environmental citizen, as such, Horizon Bank does not directly invest in, or provide loans to, any company in the fossil fuel industry."Thank them
Send enquiry
Hume Bank$0"As a customer owned organisation, Hume Bank operates by the values that are important to our community. We seek to be a sustainable organisation in every way. We can confirm that we have no loans to coal or mining industries nor any investments in these sectors."Thank them
Send enquiry
Hunter United$0“Hunter United is a customer-owned mutual providing retail banking services to its members and does not undertake commercial lending." Thank them
Send enquiry
IMB$0"IMB's investment policy precludes investment by IMB in shares and therefore IMB does not hold and shares in companies such as those you describe [in the fossil fuel industry]. IMB does not have any equity investments in the fossil fuel sector. IMB Treasury does not have any direct investments in the fossil fuel sector."Thank them
Send enquiry
Judo Bank$0"We do not invest in the fossil fuel industry. As a challenger bank primarily providing business lending to Australian small and medium-sized enterprises and serving Australian retail term deposit and residential and investment housing loan customers, we are not involved in directly financing large fossil fuel industry projects or companies."Thank them
Send enquiry
Laboratories Credit Union (LCU)$0"We're helping to create a better planet by refusing to lend money to the fossil fuel industry. We also offer a range of green products to help encourage our members to purchase goods, like cars and home improvements (eg. solar and water saving devices), that are kinder to our environment.”Thank them
Send enquiry
Maleny Credit Union (MCU)$0"MCU will endeavour to avoid financial or any other support to individuals or businesses whose activities are detrimental or destructive of the environment, harmful to members of society or inhumane."Thank them
Send enquiry
MOVE Bank$0With regard to investments in the fossil fuel industry (coal, gas and oil), MOVE Bank states: "We can confirm that MOVE Bank does not actively invest in these industries. We do hold investments with other financial institutions, but cannot confirm what their relationship with these industries may be."Thank them
Send enquiry
MyState Bank$0"As a company that is committed to a sustainable community, MyState does not directly invest in any coal, gas or oil projects. Our investment policy states that we invest our money with other approved deposit taking institutions (ADIs)."Thank them
Send enquiry
Newcastle Permanent$0"Newcastle Permanent is a customer-owned (or mutual) retail banking institution that deploys its funds primarily for home loans, personal lending, and small businesses. Although Newcastle Permanent is the largest building society in Australia, being a relatively smaller financial institution compared to the major and regional banks, Newcastle Permanent is not involved in financing large mining projects."Thank them
Send enquiry
P&N Bank$0"P&N Bank primarily lends for residential and investment housing/property/land/personal loans and credit cards. P&N Bank’s business lending excludes large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production, or use."Thank them
Send enquiry
People's Choice Credit Union$0"No, we don't have any equity investments in the fossil fuel sector, nor do we lend directly to companies in those sectors. This is because as a credit union our business banking clients are SMEs [small and medium enterprises] rather than large corporate entities."Thank them
Send enquiry
Police Bank$0"Police Bank provides personal banking services to our members and does not directly invest in projects involved in the coal, gas and oil sectors."Thank them
Send enquiry
Police Credit Union$0""As part of our pledge to operate in an environmentally sustainable manner in 2008, we committed to reducing our carbon emissions by at least 5% a year. In 2018, we well exceeded our goal, achieving a 100% carbon neutral position, two years ahead of target. Police Credit Union does not fund fossil fuels." Thank them
Send enquiry
QBANK (Formerly Queensland Police Credit Union)$0“QBANK does not directly lend to or directly invest in projects or businesses involved in the coal, gas and oil sectors.”Thank them
Send enquiry
Qudos Bank$0"The Board will only allow our customer’s money to be placed in deposits with: 1) the Commonwealth Government or the government of an Australian State or Territory; 2) a financial institution guaranteed by the Commonwealth Government or the government of an Australian State or Territory; and 3) Authorised Deposit Taking Institutions (ie banks) trading in Australia who are rated at least investment grade. By restricting our investments to deposits with the government or other banks and credit unions we are not investing in unethical investments and do not support the coal/fossil fuel industries or environmentally detrimental projects."Thank them
Send enquiry
Queensland Country Bank$0“Queensland Country does not invest directly in the fossil fuel industry.”Thank them
Send enquiry
Rabobank$0"Rabobank finances the sustainable development of the food & fibre industry and as a global Food & Agriculture bank, the fossil fuel industry is not relevant for us. As such, Rabobank Australia & New Zealand does not finance the primary production of fossil fuels and has communicated in a number of cases our concerns about exploring unconventional fuels such as CSG, Shale Gas and Tar Sands."Thank them
Send enquiry
RACQ Bank$0"RACQ Bank does not invest in or lend to the fossil fuel industry."Thank them
Send enquiry
Regional Australia Bank$0"We do not invest in or lend to the coal or gas industries, and prefer to invest in clean technologies and refine our banking product to reward socially responsible and environmentally friendly initiatives."Thank them
Send enquiry
Rural Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
Service One Alliance Bank$0"SERVICE ONE does not directly invest or lend to companies that are involved in Fossil Fuels."Thank them
Send enquiry
Southern Cross Credit Union$0"Southern Cross Credit Union does not support investment in the fossil fuel industry. We believe reducing our carbon footprint is vitally important and as such we actively support sustainability initiatives within our business and the greater community."Thank them
Send enquiry
South West Slopes Credit Union$0"SWSCU does NOT invest in coal, oil or gas companies that are involved with unsustainable environmental nor climate impacting organisations.”Thank them
Send enquiry
Summerland Credit Union$0"Summerland does not have any loans to organisations involved in the fossil fuel exploration/export business. Summerland's primary lending focus is concentrated around residential mortgages, small/medium business and community organisations as well as personal loans."Thank them
Send enquiry
Sydney Mutual Bank$0"Sydney Mutual Bank does not have any direct investments in the fossil fuel industry. Nor are there direct investments in gambling, armaments, persistent chemicals, or animal testing. Sydney Mutual Bank’s banking services are directed to improving the economic and social well-being of members as opposed to corporate speculative gain."Thank them
Send enquiry
Teachers Mutual Bank$0"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
Send enquiry
The Mutual Bank (Maitland Mutual)$0"As a regional building society, we are not involved in financing large mining projects but do lend money to some small and medium sized businesses who could have either direct or indirect exposure to the mining sector."Thank them
Send enquiry
Traditional Credit Union$0"Nil business lending offered."Thank them
Send enquiry
Transport Mutual Credit Union$0"Transport Mutual Credit Union does not invest in the fossil fuel industry."Thank them
Send enquiry
UniBank (formerly unicredit)$0"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
Send enquiry
Up Bank$0"Deposits provided through the Up apps are held by Bendigo and Adelaide Bank ... Bendigo Bank does not currently lend to and has no plans to lend to projects in the coal and coal seam gas sectors."Thank them
Send enquiry
Volt Bank$0Position received July 2021: "Volt Bank does not currently invest in or lend money to companies in the fossil fuel industry and has no plans to in the future."Thank them
Send enquiry
WAW Credit Union$0"WAW does not invest in gas or coal."Thank them
Send enquiry
Banks that have previously funded fossil fuels but no longer do
Suncorp Bank$0Market Forces' research shows that Suncorp Bank did make loans to fossil fuels in 2008/2009, but the bank has since released the following position statement stating that they have withdrawn from the sector - "We no longer have any exposure [to fossil fuel companies] as Suncorp Bank only provides lending to personal, SME and agribusiness clients so does not have exposure to large corporations including fossil fuel projects."
NOTE: Suncorp also undertakes insurance activities. Check marketforces.org.au/insurance for an update on Suncorp's insurance business.
Thank them
Send enquiry
Banks with no record of funding fossil fuels but no position statement provided
Australian Unity Bank$0No position statement provided to Market ForcesRequest position
Bank of Heritage Isle$0No position statement provided to Market ForcesRequest position
Bankstown City Unity Bank$0No position statement provided to Market ForcesRequest position
Border Bank$0No position statement provided to Market ForcesRequest position
BNK Bank$0No position statement provided to Market ForcesRequest position
Broken Hill Community Credit Union$0No position statement provided to Market ForcesRequest position
Cairns Bank$0No position statement provided to Market ForcesRequest position
Capricornian, The$0No position statement provided to Market ForcesRequest position
Central Murray Credit Union$0No position statement provided to Market ForcesRequest position
Central West Credit Union$0No position statement provided to Market ForcesRequest position
CIRCLE Alliance Bank$0No position statement provided to Market ForcesRequest position
Coastline Credit Union$0No position statement provided to Market ForcesRequest position
Dalby Credit Union$0No position statement provided to Market ForcesRequest position
Dnister Ukrainian Credit Co-operative$0No position statement provided to Market ForcesRequest position
Family First Credit Union$0No position statement provided to Market ForcesRequest position
Firefighters Credit Co-operative$0No position statement provided to Market ForcesRequest position
Fire Service Credit Union$0No position statement provided to Market ForcesRequest position
First Option Bank$0No position statement provided to Market ForcesRequest position
Geelong Bank$0No position statement provided to Market ForcesRequest position
Goldfields Money$0No position statement provided to Market ForcesRequest position
Gympie Credit Union$0No position statement provided to Market ForcesRequest position
Hunter United$0No position statement provided to Market ForcesRequest position
Illawarra Credit Union$0No position statement provided to Market ForcesRequest position
LLL (Lutheran Laypeople's League of Australia)$0No position statement provided to Market ForcesRequest position
Lysaght Credit Union$0No position statement provided to Market ForcesRequest position
MacArthur Credit Union$0No position statement provided to Market ForcesRequest position
Macquarie Credit Union$0No position statement provided to Market ForcesRequest position
MyLife MyFinance$0No position statement provided to Market ForcesRequest position
Northern Inland Credit Union$0No position statement provided to Market ForcesRequest position
Nova Alliance Bank$0No position statement provided to Market ForcesRequest position
Orange Credit Union$0No position statement provided to Market ForcesRequest position
Pulse Credit Union$0No position statement provided to Market ForcesRequest position
Pepper Money$0No position statement provided to Market ForcesRequest position
Reliance Bank$0No position statement provided to Market ForcesRequest position
South West Credit$0No position statement provided to Market ForcesRequest position
Tyro$0No position statement provided to Market ForcesRequest position
Unity Bank$0No position statement provided to Market ForcesRequest position
Warwick Credit Union$0No position statement provided to Market ForcesRequest position
Woolworths Employees' Credit Union$0No position statement provided to Market ForcesRequest position
NameAmount InvestedPositionTake Action
86 400N/AOn 3 Feb 2020 (prior to the acquisition of 86 400 by NAB), 86 400 provided the following statement: "We’re committed to operating a sustainable and socially responsible business. You’ll be pleased to hear that we don’t invest in or lend money to companies in the fossil fuels industry, for example." As of 19 May 2021, 86 400 is owned by NAB which is invested in fossil fuels.Tell owners to stop
Adelaide Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
AMP$530mAMP also holds shares in numerous coal and gas companies, including Yancoal, Origin Energy and BHP Billiton as part of its asset management businessTell them to stop
ANZ$13,978mloaned to fossil fuels since 2016Put them on notice
Tell them to stop
Australian Military Bank$0Australian Military Bank "primarily provides retail banking services to its members and does not undertake commercial lending."Thank them
Send enquiry
Australian Mutual Bank$0"Australian Mutual Bank does not have any direct investments in the fossil fuel industry. Nor are there direct investments in gambling, armaments, persistent chemicals, or animal testing. Australian Mutual Bank’s banking services are directed to improving the economic and social well-being of members as opposed to corporate speculative gain."Thank them
Send enquiry
Australian Unity Bank$0No position providedRequest position
Auswide Bank$0"Auswide Bank does not finance companies engaged principally in the exploration, mining, manufacture or export of thermal coal or coal seam gas. Nor do we intentionally invest directly in companies specialising in these areas. We are always committed to the protection of our environment in both our banking and operating practices and endeavour at all times to be a responsible corporate citizen."Thank them
Send enquiry
AWA Alliance Bank$0"AWA's mission is to significantly contribute to an improved and sustainable future for our members and their communities, as such, our lending and investment portfolio precludes any involvement in the fossil fuel industry."Thank them
Send enquiry
Bank of us (formerly B&E)$0"As a customer owned bank, Bank of us operates by the values that are important to our community. We can confirm that we have no loans or investments in coal or mining industries"Thank them
Send enquiry
bcu$0"bcu primarily lends for residential and investment housing/property/land/personal loans and credit cards. bcu’s business lending excludes large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production, or use."Thank them
Send enquiry
Bank Australia$0"Bank Australia has not made and will not make any loans to the fossil fuel industry, including coal and coal seam gas. Bank Australia is also conscious of the impact of its own operations and has been carbon neutral since 2011."Thank them
Send enquiry
Bank First$0Does not directly invest in listed or unlisted shares. Also "does not invest in fossil fuels and has no plans to do so."Thank them
Send enquiry
Bank of China$5,248mloaned to fossil fuels since 2016Tell them to stop
Bank of Heritage Isle$0No position providedRequest position
Bank of MelbourneN/AOwned by Westpac which is invested in fossil fuelsTell owners to stop
Bank of Queensland$16.4mlending exposure to companies directly involved in the extraction of fossil fuels (as of 31 August 2020). However BOQ has committed to not provide such finance moving forward and says it will reduce the $16.4m of fossil fuel finance arrangements to zero by the end of 2024. It also clarified that: "BOQ has no exposure to coal-fired power generators and has no appetite for lending to this sector."Put them on notice
Tell them to stop
Thank them for phasing out coal
BankSAN/AOwned by Westpac which is invested in fossil fuelsTell owners to stop
Bankstown City Unity Bank$0No position providedRequest position
BankVic$0"BankVic lends only to members for personal purposes. We do not lend to businesses nor invest in the fossil fuel industry."Thank them
Send enquiry
BankwestN/AOwned by Commonwealth Bank which is invested in fossil fuelsTell owners to stop
BDCU Alliance Bank$0"We make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services and reviewing how we go about our business. We do not currently lend to projects in the coal and coal seam gas sectors and given our commitment to reducing our environmental footprint, it makes sense to continue this approach throughout our business including the investments we make’’Thank them
Send enquiry
Bendigo Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
Beyond Bank$0"Beyond Bank Australia does not have any investments with fossil-fuel associated companies. We're a community focused bank and we work closely with community groups to create good together through health, education and the environment."Thank them
Send enquiry
BNK Bank$0No position providedRequest position
Border Bank$0No position providedRequest position
Broken Hill Community Credit Union$0No position providedRequest position
Cairns Bank$0No position providedRequest position
Capricornian$0No position providedRequest position
Central Murray Credit Union$0No position providedRequest position
Central West Credit Union$0No position providedRequest position
CIRCLE Alliance Bank$0No position providedRequest position
Citi$1,439mloaned to fossil fuels since 2016. However, on 21 April 2020 Citi announced that “by the end of 2030, all remaining exposure to [mining] companies [deriving ≥25% of their revenue from thermal coal mining] will be reduced to zero”Tell them to stop
Coastline Credit Union$0"Coastline is a community banking organisation which supports local social programs for the benefit of the Macleay, Hastings and Manning regions in the Mid North Coast of NSW. Coastline does not provide finance to or invest in large corporate entities or companies who undertake exploration, extraction or manufacturing of fossil fuel products."Thank them
Send enquiry
Commonwealth Bank$14,202mloaned to fossil fuels since 2016. However, on 7 August 2019 Commonwealth Bank committed to “reduce our exposures to thermal coal mining and coal fired power generation, with the view to exiting the sector by 2030” and “only providing Banking and Financing activity to New oil, gas or metallurgical coal projects if ... in line with the goals of the Paris Agreement”. For more detail about these commitments, click here.Put them on notice
Tell them to stop
Country First Credit Union$0No position providedRequest position
Credit Union SA$0"Credit Union SA's principle activities are the provision of retail financial services including accepting member deposits and advancing loans to members. The Credit Union primarily invests funds received from members deposits in retail loans to members. The remaining funds are primarily held in cash and liquid investments with other financial institutions to meet minimum liquidity compliance requirements under the Australian Prudential Regulatory Authority (APRA). No funds are directly invested by the Credit Union in the fossil fuel industry. "Thank them
Send enquiry
Dalby Credit Union$0No position providedRequest position
Defence Bank$0"We can confirm that Defence Bank do not and will not provide loans to fund new coal or gas mining, transport or export projects that enter the boundary of the Great Barrier Reef World Heritage Area."Thank them
Send enquiry
Delphi Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
Send enquiry
Dnister Ukrainian Credit Co-operative$0No position providedRequest position
Endeavour Mutual Bank$0"Endeavour Mutual Bank does not have any direct investments in the fossil fuel industry. Nor are there direct investments in gambling, armaments, persistent chemicals, or animal testing. Australian Mutual Bank’s banking services are directed to improving the economic and social well-being of members as opposed to corporate speculative gain."Thank them
Send enquiry
Family First Credit Union$0No position providedRequest position
Fire Brigades Employees' Credit Union$0No position providedRequest position
Firefighters Credit Co-operative$0No position providedRequest position
Firefighters Mutual Bank (formerly Fire Board (NSW) Employees Credit Union & Fire Brigades Employees' Credit Union)$0"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
Send enquiry
Fire Service Credit Union$0No position providedRequest position
First Choice Credit Union$0"First Choice Credit Union does not invest in the fossil fuel industry."Thank them
Send enquiry
First Option Bank$0No position providedRequest position
G&C Mutual Bank$0"1) We have no direct investments in any large scale polluting activity or company. 2) We do not use members fund to finance large greenhouse gas production. 3) We do not use members deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use."Thank them
Send enquiry
Gateway Bank$0Gateway Bank "does not have any direct investment in fossil fuel industries, nor does it intend on investing in any fossil fuels industries in the future."Thank them
Send enquiry
Geelong Bank$0No position providedRequest position
Goldfields Money$0No position providedRequest position
Goulburn Murray Credit Union$0"GMCU does not lend to or invest in the fossil fuel (coal, gas and oil) industry."Thank them
Greater Bank$0"The Greater does not invest or lend to companies directly involved in the fossil fuel industry."Thank them
Send enquiry
Great Southern Bank (formerly CUA)$0"CUA does not directly finance the coal and gas sector and we do not lend directly to companies within those sectors. As Australia's largest credit union, CUA's business is the provision of personal banking products and services and our business banking customers are typically within the SME sector."Thank them
Send enquiry
Gympie Credit Union$0No position providedRequest position
Health Professionals Bank$0
"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
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Heritage Bank$0"Heritage Bank does not invest with companies involved in coal and gas production."Thank them
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Horizon Bank$0"Horizon Bank is a responsible and influential environmental citizen, as such, Horizon Bank does not directly invest in, or provide loans to, any company in the fossil fuel industry."Thank them
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HSBC$1,375mloaned to fossil fuels since 2016Tell them to stop
Hume Bank$0"As a customer owned organisation, Hume Bank operates by the values that are important to our community. We seek to be a sustainable organisation in every way. We can confirm that we have no loans to coal or mining industries nor any investments in these sectors."Thank them
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Hunter United$0“Hunter United is a customer-owned mutual providing retail banking services to its members and does not undertake commercial lending."
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Illawarra Credit Union$0No position providedRequest position
IMB$0"IMB's investment policy precludes investment by IMB in shares and therefore IMB does not hold and shares in companies such as those you describe [in the fossil fuel industry]. IMB does not have any equity investments in the fossil fuel sector. IMB Treasury does not have any direct investments in the fossil fuel sector."Thank them
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ING$722mloaned to fossil fuels since 2016. However, on 12 December 2017 ING committed to “reducing our [coal power generation] exposure to close to zero by 2025”.Tell them to stop
Judo Bank$0"We do not invest in the fossil fuel industry. As a challenger bank primarily providing business lending to Australian small and medium-sized enterprises and serving Australian retail term deposit and residential and investment housing loan customers, we are not involved in directly financing large fossil fuel industry projects or companies."Thank them
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Laboratories Credit Union (LCU)

$0“LCU provides personal banking services to our members. We do not lend to the fossil fuel sector and we won't in the future either.



We're helping to create a better planet by refusing to lend money to the fossil fuel industry. We also offer a range of green products to help encourage our members to purchase goods, like cars and home improvements (eg. solar and water saving devices), that are kinder to our environment.”
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LLL (Lutheran Laypeople's League of Australia)$0No position providedRequest position
Lysaght Credit Union$0No position providedRequest position
MacArthur Credit Union$0No position providedRequest position
Macquarie$5,026mloaned to fossil fuels since 2016Tell them to stop
Macquarie Credit Union$0No position providedRequest position
Maleny Credit Union (MCU)$0"MCU will endeavour to avoid financial or any other support to individuals or businesses whose activities are detrimental or destructive of the environment, harmful to members of society or inhumane."Thank them
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ME BankN/AOn 1 Nov 2018 (prior to the acquisition of ME Bank by Bank of Queensland), ME Bank provided the following statement: "ME does not have any investments in the mining industry, including the coal and gas export industries, and does not intend to invest in these industries in future." As of 1 July 2021, ME Bank is owned by Bank of Queensland which is invested in fossil fuels.Thank them
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MOVE Bank$0With regard to investments in the fossil fuel industry (coal, gas and oil), MOVE Bank states: "We can confirm that MOVE Bank does not actively invest in these industries. We do hold investments with other financial institutions, but cannot confirm what their relationship with these industries may be."Thank them
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MyState Bank$0"As a company that is committed to a sustainable community, MyState does not directly invest in any coal, gas or oil projects. Our investment policy states that we invest our money with other approved deposit taking institutions (ADIs)."Thank them
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National Australia Bank$9,547mloaned to fossil fuels since 2016Put them on notice
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Newcastle Permanent$0"Newcastle Permanent is a customer-owned (or mutual) retail banking institution that deploys its funds primarily for home loans, personal lending, and small businesses. Although Newcastle Permanent is the largest building society in Australia, being a relatively smaller financial institution compared to the major and regional banks, Newcastle Permanent is not involved in financing large mining projects."Thank them
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Northern Inland Credit Union$0No position providedRequest position
Nova Alliance Bank$0No position providedRequest position
Orange Credit Union$0No position providedRequest position
P&N Bank$0"P&N Bank primarily lends for residential and investment housing/property/land/personal loans and credit cards. P&N Bank’s business lending excludes large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production, or use."Thank them
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People's Choice Credit Union$0"No, we don't have any equity investments in the fossil fuel sector, nor do we lend directly to companies in those sectors. This is because as a credit union our business banking clients are SMEs [small and medium enterprises] rather than large corporate entities."Thank them
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Pepper Money$0No position providedRequest position
Police Bank$0"Police Bank provides personal banking services to our members and does not directly invest in projects involved in the coal, gas and oil sectors."Thank them
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Police Credit Union$0"As part of our pledge to operate in an environmentally sustainable manner in 2008, we committed to reducing our carbon emissions by at least 5% a year. In 2018, we well exceeded our goal, achieving a 100% carbon neutral position, two years ahead of target. Police Credit Union does not fund fossil fuels."Thank them
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Pulse Credit Union$0No position providedRequest position
Qudos Bank$0"The Board will only allow our customer’s money to be placed in deposits with: 1) the Commonwealth Government or the government of an Australian State or Territory; 2) a financial institution guaranteed by the Commonwealth Government or the government of an Australian State or Territory; and 3) Authorised Deposit Taking Institutions (ie banks) trading in Australia who are rated at least investment grade. By restricting our investments to deposits with the government or other banks and credit unions we are not investing in unethical investments and do not support the coal/fossil fuel industries or environmentally detrimental projects."Thank them
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QBANK (Formerly Queensland Police Credit Union)$0“QBANK does not directly lend to or directly invest in projects or businesses involved in the coal, gas and oil sectors.”Thank them
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Queensland Country Bank$0“Queensland Country does not invest directly in the fossil fuel industry.”Thank them
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Rabobank$0"Rabobank finances the sustainable development of the food & fibre industry and as a global Food & Agriculture bank, the fossil fuel industry is not relevant for us. As such, Rabobank Australia & New Zealand does not finance the primary production of fossil fuels and has communicated in a number of cases our concerns about exploring unconventional fuels such as CSG, Shale Gas and Tar Sands."Thank them
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RACQ Bank$0"RACQ Bank does not invest in or lend to the fossil fuel industry."Thank them
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RAMSN/AOwned by Westpac which is invested in fossil fuelsTell owners to stop
Regional Australia Bank$0"We do not invest in or lend to the coal or gas industries, and prefer to invest in clean technologies and refine our banking product to reward socially responsible and environmentally friendly initiatives."Thank them
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Reliance Bank$0No position providedRequest position
Rural Bank$0"In respect of our own carbon footprint we make conscious decisions to reduce and offset our impact and we help others do the same by offering green products and services. As we do not currently lend to projects in the coal and coal seam gas sectors, we are simply taking a pragmatic approach that says it makes no sense to broaden our footprint by starting to do so."Thank them
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Service One Alliance Bank$0"SERVICE ONE does not directly invest or lend to companies that are involved in Fossil Fuels."Thank them
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South West Slopes Credit Union$0"SWSCU does NOT invest in coal, oil or gas companies that are involved with unsustainable environmental nor climate impacting organisations.”Thank them
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Southern Cross Credit Union$0"Southern Cross Credit Union does not support investment in the fossil fuel industry. We believe reducing our carbon footprint is vitally important and as such we actively support sustainability initiatives within our business and the greater community."Thank them
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South West Credit$0No position providedRequest position
St GeorgeN/AOwned by Westpac which is invested in fossil fuelsTell owners to stop
Summerland Credit Union$0"Summerland does not have any loans to organisations involved in the fossil fuel exploration/export business. Summerland's primary lending focus is concentrated around residential mortgages, small/medium business and community organisations as well as personal loans."Thank them
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Suncorp Bank$0Market Forces' research shows that Suncorp Bank did make loans to fossil fuels in 2008/2009, but the bank has since released the following position statement stating that they have withdrawn from the sector - "We no longer have any exposure [to fossil fuel companies] as Suncorp Bank only provides lending to personal, SME and agribusiness clients so does not have exposure to large corporations including fossil fuel projects."
NOTE: Suncorp also undertakes insurance activities. Check marketforces.org.au/insurance for an update on Suncorp's insurance business.
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Sydney Mutual Bank$0"Sydney Mutual Bank does not have any direct investments in the fossil fuel industry. Nor are there direct investments in gambling, armaments, persistent chemicals, or animal testing. Sydney Mutual Bank’s banking services are directed to improving the economic and social well-being of members as opposed to corporate speculative gain."Thank them
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Teachers Mutual Bank$0"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
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The Mutual Bank (Maitland Mutual)$0"As a regional building society, we are not involved in financing large mining projects but do lend money to some small and medium sized businesses who could have either direct or indirect exposure to the mining sector."Thank them
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Traditional Credit Union$0"Nil business lending offered."Thank them
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MyLife MyFinance$0No position providedRequest position
Transport Mutual Credit Union$0"Transport Mutual Credit Union does not invest in the fossil fuel industry."Thank them
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Tyro$0No position providedRequest position
UBankN/AOwned by National Australia Bank which is invested in fossil fuelsTell owners to stop
UniBank (formerly unicredit)$0
"The Bank does not use members’ deposits to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities from fossil fuel exploration, extraction, production and use. The Bank does not use members’ funds to finance large-scale greenhouse-gas pollution.Thank them
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Unity Bank$0No position providedRequest position
Up Bank$0"Deposits provided through the Up apps are held by Bendigo and Adelaide Bank ... Bendigo Bank does not currently lend to and has no plans to lend to projects in the coal and coal seam gas sectors."Thank them
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Volt Bank$0Position received July 2021: "Volt Bank does not currently invest in or lend money to companies in the fossil fuel industry and has no plans to in the future."Thank them
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Warwick Credit Union$0No position providedRequest position
WAW Credit Union$0"WAW does not invest in gas or coal."Thank them
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Westpac$6,689mloaned to fossil fuels since 2016 However, on 4 May 2020 Westpac committed “to reduce our [thermal coal] exposure to zero by 2030” and “to provide finance to the [oil and gas] sector in line with our ESG policies and commitment to the Paris Agreement”. For more detail about these commitments, click here.Put them on notice
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Woolworths Employees' Credit Union$0No position providedRequest position