NAB welcomes climate change legislation

Share

Share

Attributable to NAB CEO Ross McEwan:

Addressing climate change is not only the right thing to do for our planet, it also presents an important economic opportunity for Australia.

NAB welcomes the certainty this legislation and associated changes will bring, and the strong investment signal it sends to businesses across the economy.

Recent NAB research revealed around $20 trillion of Australia’s spending until 2050 needs to be spent differently for Australia to achieve its emissions reduction goals. Consensus on 2030 and 2050 targets will help deliver this investment in the areas needed most.

Given the solutions do not yet exist for some industries and some customers, it is critical that business, governments, and the broader community work together and co-invest to tackle the challenge. NAB will support our customers and communities through this transition and help fund the investments needed to create a strong and sustainable future for Australia.

Announcements

SEE ALL TOPICS

Media Enquiries

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

Related Articles

  • Scams

NAB joins BioCatch Trust Australia to protect customers from scams and fraud

NAB has joined BioCatch Trust Australia as part of ongoing efforts to tackle the scam epidemic targeting Australians.

  • 20.11.2024
  • Time to read 2 min read
  • 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
  • Property

Piercing the gloom in the apartment market

Property investment and development management group Local is working on three Melbourne projects with a difference as build-to-rent fashions a place in the Australian landscape.

  • 31.10.2024
  • Time to read 5 min read

Quick links

National Australia Bank — NAB

Sometimes When The Unexpected Happens, We Realise What We Truly Value. Whether A Home, Farm, Business Or Your Passion, NAB Is Here To Support You.

Business Research and Insights

For more business news and analysis, visit NAB’s Business Research and Insights.