on 14-07-2017 11:48 AM
on 14-07-2017 04:35 PM
Hi @claire1, thanks for your enquiry. I can confirm that strict environmental, social and governance standards are incorporated into the CBA Group's business lending decisions and it will only fund projects that meet these standards. The CBA Group is committed to the renewable energy sector and to financing commercially viable renewable energy projects around the world. The CBA Group has been lending to renewable energy projects since 2004, and as at December 2016 its current lending was $2.3 billion. This is five times the amount of lending to coal-fired power generation and an increase on the $1.7 billion in lending a year earlier. Thank you.