The Australian Banking Association (ABA), headquartered in Australia, serves as the leading voice for the banking and financial services industry. Established in 1960, the ABA has played a pivotal role in shaping banking policy and advocating for the interests of its members across major operational regions, including New South Wales, Victoria, and Queensland. As a prominent industry body, the ABA focuses on key business areas such as regulatory compliance, consumer protection, and financial literacy. Its core services include policy development, industry research, and member support, all aimed at fostering a robust banking environment. The association is recognised for its commitment to innovation and sustainability, positioning itself as a trusted partner in the evolving financial landscape. With a strong market presence, the ABA continues to achieve notable milestones, reinforcing its status as a cornerstone of Australia's banking sector.
How does Australian Banking Association's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Australian Banking Association's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Australian Banking Association (ABA) is committed to addressing climate change and reducing carbon emissions within the banking sector. While specific emissions data for the most recent year is not available, the ABA has outlined its dedication to sustainability through various initiatives. Currently, there are no documented reduction targets or commitments to the Science Based Targets initiative (SBTi) from the ABA. However, the association is actively engaged in promoting climate awareness and encouraging its members to adopt sustainable practices. In the absence of specific emissions figures, the ABA's focus remains on fostering a collaborative approach to climate action within the banking industry, aiming to enhance transparency and accountability in carbon emissions management. The ABA's efforts reflect a growing recognition of the financial sector's role in combating climate change and supporting a transition to a low-carbon economy.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Australian Banking Association is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.