Environmental & Social Framework - CommBank

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Environmental & Social FrameworkContentsLaying the foundations 2Guiding principles and values 3Governance and oversight 4Measuring and reporting on progress and performance 5Areas of focus 6 Climate change 6 Human rights 7 Biodiversity 8 Agriculture, forestry, and fisheries 8 Defence 8Definitions 9At the Commonwealth Bank of Australia, our purpose is to improve the financial wellbeing of our customers and communities. We recognise we have a responsibility to manage Environmental and Social risks, and to proactively identify opportunities that will help secure the financial wellbeing of Australians for generations to tomorrow s bank today means focusing on doing the right thing and being transparent about our progress and Environment and Social Framework recognises the interconnectedness of commercial, environmenta

carbon neutral standard and equivalent international systems; • Where carbon offsets, are required, we will, where possible, prioritise the use of domestic carbon units (for example, Australian carbon units for emissions generated in Australia). Supporting the transition to a …

  International, Standards