Below is a statement from NAB CEO Ross McEwan following the Albanese Government’s second Investor Roundtable, held today in Brisbane.

“We recognise the importance of the coming years to 2030 and the need to get the settings right to support the structural change required to transition to net-zero.

“It is critical to ensure we have credible and consistent labels for what is ‘green’. This is why we strongly support the development of a sustainable finance taxonomy and welcome the Government’s involvement and backing of this important work. NAB has been an active participant in the work to date by the Australian Sustainable Finance Institute, and plan to use agreed classifications as part of our climate strategy.

“NAB is pleased to have been working alongside CoreLogic in the development of the CSIRO’s RapidRate tool, which is now entering the pilot stage.

“The new tool will help our customers better understand the energy efficiency in their homes, enabling them to make more informed decisions about their energy usage.”