Federal Government’s plan to reach net zero emissions by 2050

Share

Share

On the Federal Government’s plan to reach net zero emissions by 2050, Group CEO – Ross McEwan said:

NAB welcomes the Australian Government’s plan to reach net zero emissions by 2050.

The Government’s support for achieving net zero is the right and sensible approach.

Climate action is everyone’s job. NAB wants to be part of the solution. We fully support net zero by 2050 and acknowledge our role in achieving that as a bank, through our policies and standards and working with our customers to reduce their emissions.

We are on track to achieve a net zero emissions lending portfolio by 2050.

NAB has been carbon neutral as an operation for more than a decade. Since 2003, we have supported 150 renewable energy transactions around the world and have committed more than AUD$11.5 billion.

We will continue to work in partnership with our customers to advance practical solutions to climate challenges and support the transition to a new energy economy.

Environment

SEE ALL TOPICS

Media Enquiries

For all media enquiries, please contact the NAB Media Line on 03 7035 5015

Related Articles

  • Full Year Results

NAB announces its 2024 Full Year Result

NAB and its customers continue to benefit from the focused execution of its strategy and a more stable operating environment, today announcing a sound Full Year result to the market.

  • 07.11.2024
  • Time to read 2 min read
  • Customers

Becoming Australia and NZ’s most customer-centric company

NAB has this week launched an evolution of its strategy, with CEO Andrew Irvine saying it’s time to raise the bar.

  • 24.10.2024
  • Time to read 1 min read
  • Climate

Transforming Australia’s Energy Grid

As one of the nation’s leading renewables operators and developers, Andrew Forrest’s Squadron Energy was always expected to play a significant role in the transformation of Australia’s energy grid.

  • 17.10.2024
  • Time to read 5 min read

Quick links

Environment and sustainability

Find out how NAB is adopting a sustainable approach to managing our business, and helping our customers to do so.