Update on financing of new thermal coal mining projects

Share

Share

NAB has an important role to play in the orderly transition to a low carbon economy.

An orderly approach to the low carbon transition is critical to ensure Australians can continue to have access to secure, reliable and affordable energy and support our economy.

While we will continue to support our existing customers across the mining and energy sectors, including those with existing coal assets, NAB will no longer finance new thermal coal mining projects.

NAB has consulted with customers and stakeholders on this decision to ensure transparency and clarity on its position.

Find out more about how NAB is backing communities.

Environment

SEE ALL TOPICS

Related Articles

  • Finance

Impact investing at an all-time high

Data released today by nabtrade reveals that more investors are looking to make a positive social and environmental impact with their trading, and are turning to international markets to make it happen.

  • 19.11.2021
  • Time to read 2 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.