Transcription of Environmental & Social Framework - CommBank
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Environmental & Social Framework - CommBank
Environmental & Social FrameworkContentsLaying the foundations 2 Guiding principles and values 3 Governance and oversight 4 Measuring and reporting on progress and performance 5 Areas of focus 6 Climate change 6 Human rights 7 Biodiversity 8 Agriculture, forestry, and fisheries 8 Defence 8 Definitions 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, enviro
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 …
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