Why we’ve switched to Bank Australia

September 27, 2022

 

by Anthea Smits, CEO

 

 

There’s been excitement around TDi this month – we are now officially a customer with Bank Australia!

Why the change?

When I first started to think about impact investing many years ago, a dear friend and mentor challenged me to think about where I bank, and what my superannuation is doing.

Most people don’t think of themselves as investors but the fact is, we make investment decisions every week as we transact with a bank and invest our super.

So why did TDi choose Bank Australia?

Bank Australia has made a world-leading commitment to achieve net zero emissions across its operations and portfolios by 2035. We all know the 2050 target is way too late. Bank Australia has made a commitment to just make it happen.

Bank Australia is a Certified B Corp (a for-profit enterprise that meets the highest standards of social and environmental impact)

Bank Australia has made a commitment to decarbonise the economy by ceasing fossil fuel car lending by 2025.

Bank Australia is committed to investing in Clean Energy Transitions, Inclusive Community Housing, Green and Sustainable Investments – all things we at TDi care deeply about.

As we move into a new season (more on that in the months to come), we knew it was important to ensure that the practical side of what we do is intimately aligned with our values and our goals.

We are so energised by this change, and we’re thrilled to see other enterprises making similar shifts across their operations.

 

 

 

 

 

 

Read next: Don’t Underestimate the Impact of Finance, by Senior Consultant Isaac Jeffries

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